Significant dimensions take the deficit in recent months account for renewable energy sources (RES), maintained by the Operator of Renewable Energy Sources and Guarantees of Origin (DEPEP).
Indicatively, this July this cumulative deficit in the Special RES (ELAPE) account was found at € 162.76 million, from € 119.34 million in June and EUR 37.15 million in May. In this way, the fear of investors of net energy for possible delays in payments they receive for their production returns again.
It is worth remembering that a few years ago, the producers needed to wait many months to collect the money. The situation was then normalized with the deficit and time fell to 1-2 months. Thus, the new “hole” poses risks, unless it is treated in time by the state.
To the above, let’s add that DEPEPE maintains separate RES computes. There is ELAPE State, which has the largest deficit with € 206 million now. At the same time, the computers of new projects is taken into account, where there was a surplus of 43.35 million euros in July, but a decreasing month by month.
In the end, through the enlarged deficit, the RES market sees yet another threat, beyond that of high production cuts, which is already cutting their revenue. And in this case, the answer is called upon by the government through the cutting mechanism, which is still expected. It is noteworthy that this year about 15% of potential green production has been rejected in the Greek system, compared to 9% last year.