Sale of Electricity generated from Cogeneration Units

L.N. 87 of 2022

REGULATOR FOR ENERGY AND WATER SERVICES ACT

(CAP. 545)

Sale of Electricity generated from Cogeneration Units

(Amendment) Regulations, 2022

IN EXERCISE of the powers conferred by article 37 of the

Regulator for Energy and Water Services Act, the Minister for Energy,

Enterprise and Sustainable Development, after consultation with the

Regulator for Energy and Water Services, with the concurrence of the

Minister for Finance and Employment, has made the following

regulations:-

The title of these regulations is the Sale of Electricity

generated from Cogeneration Units (Amendment) Regulations, 2022

and these regulations shall be read and construed as one with the Sale

of Electricity generated from Cogeneration Units Regulations,

hereinafter referred to as "the principal regulations".

In the Second Schedule to the principal regulations the

words

"The rate determined to be the proxy for the market

(a) as from the 1 st January 2021 till the 30 th

June 2021 of seven cents and fifty-three mils

(€0.07,53) per kWh;

(b) as from the 1st July 2021 till the 31st

December 2021 of seven cents and fifty-eight mils

(€0.07,58) per kWh."

shall be substituted by the words: "The rate determined to be the

proxy for the market price for the year 2022 shall be of eight cents and

eighty-five mils (€0.08,85 per kWh) per kWh.".

€0.09