The Czech Parliament has approved a measure aimed at saving government funds allocated for supported energy sources. Solar power plants with a capacity exceeding 30 kilowatts, which were put into operation in 2009 and 2010, will now be subject to individual profitability checks. This measure, part of the Lex OZE III amendment, is designed to reduce the budget for renewable energy support. Despite opposition from the Senate, which argued that the measure would change the rules mid-game and could lead to arbitration, the Parliament passed the amendment with a narrow majority.

The amendment, introduced by the Finance Minister, requires solar plant operators to annually report their eligibility for support to the market operator. The profitability of investments in renewable energy will now be based on the lifespan of the equipment rather than the duration of the support entitlement. Critics argue that this could lead to administrative burdens and potential legal disputes, but the government insists it is necessary for budgetary control.

The Senate also attempted to remove a provision that would restrict municipalities from setting local requirements for construction and infrastructure placement, affecting cities like Prague, Brno, and Ostrava. However, this was deemed an error and will be corrected in a subsequent amendment. The primary goal of the Lex OZE III amendment is to establish rules for electricity storage and aggregation, which are crucial for enhancing the resilience of the energy system and integrating renewable sources.

In summary, the new legislation aims to streamline the support for renewable energy while ensuring fiscal responsibility. The government plans to allocate 8.5 billion CZK for renewable sources this year, with the potential for additional funds if necessary. The amendment's passage marks a significant step in the Czech Republic's energy policy, balancing the need for renewable energy support with budgetary constraints.

Source: oenergetice.cz             

Author: CzechTrade and CzechInvest Ofiice in New York