The Hellenic Hydrocarbon Management Company (EDEY) undertakes the issuance of licenses for exploration and storage of carbon dioxide (CO2) as well as the overall management of the rights of the State for the storage of CO2 or other gaseous and liquid elements, which helps to address the change.
This provides for an amendment of the Ministry of Environment and Energy that was submitted yesterday to a bill of the Ministry of Finance.
As pointed out by RIS, the definition of a body that will undertake the issuance of licenses for carbon dioxide exploration and storage projects is imperative, since the Recovery and Durability Fund has included a project for the development of a carbon dioxide storage unit in N. The milestone is the full licensing of the station by the end of the first half of 2024.
According to other provisions of the amendment, the Operators of Natural Gas Distribution Networks (DEDA, EDA Attica, EDA THESSA) are obliged to pay to the competent Public Financial Service, a special fee of 14% of their net profits, of the year 2021, in order to be returned to Local Authorities. First degree, which are located within the geographical limits of activity of the project managers. The procedure for the payment of the special fee to the beneficiaries of OTA will be determined by a ministerial decision while its distribution is made according to the participation of each OTA. in gas consumption for the year 2021.
The amendment also provides for the establishment of the new renewable energy account which is renamed to “Special RES and Storage Account” and acquires two new sub-accounts: the first concerns the new RES units that will be put into operation from 1.1.2021 onwards (are the units with the lowest compensation prices which reduce the cost of electricity) and the second the electricity storage units that are part of the operational support regime.
Source: Capital
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