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Estonia · Resolution · OE

549

Riigikogu decision "Making a proposal to the Government of the Republic"

tagasi lykatudEstonia· Riigikogu· ET

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9 March 2022

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TAGASI_LYKATUD

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9 March 2022

Summary

The bill provides for confirming the principles of the electricity market reform, according to which, as a new universal service, electricity sellers have the obligation to offer small consumers an off-exchange electricity package, the pricing of which is coordinated with the Competition Authority. The bill stipulates that the dominant power producer in the Estonian price range of the Nord Pool electricity market has the obligation to sell directly, without the intermediary of the stock exchange, electricity to electricity sellers, which is necessary for the new to fulfill the universal service obligation. Pricing is based on the costs of electricity production and the return on capital in accordance with the rules established by the Competition Authority, and the prices are coordinated with the Competition Authority. According to the draft, the state compensates the costs of the CO2 quota of electricity produced as a universal service to electricity producers as a budgetary allocation. The bill stipulates that the Government of the Republic must prepare taking into account the above plan for the implementation of the electricity reform no later than one month from the entry into force of this decision and submit it to the factions of the Riigikogu.

Machine translation from Estonian. The official text remains authoritative.

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Seletuskiri pdf

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