Cyprus Energy Regulatory Authority Annual Report 2021

30 Cyprus Energy Regulatory Authority which sets out the necessary procedures, the submitted applications, the necessary information, and every detail regarding the connection of a new user to the Transmission/Distribution System or the amending connection of an existing user, as well as other relevant details and information for the preparation of the relevant Connection and Use Contract, and such contract templates for every user type. CERA has published the General Table which include thirty-nine (39) comments. The comments regarding the draft Regulatory Decision during the public consultation are being processed and the results will be published early 2022. Draft Regulatory Decision "on the Establishment of Basic Principles for the Formulation of the Ten-Year Distribution System Development Plan" On 23 December 2021, CERA published the Draft Regulatory Decision entitled "on the Establishment of Basic Principles for the Formulation of the Ten-Year Distribution System Development Plan" in the Official Gazette of the Republic of Cyprus and notified licensees, license applicants or other interested parties that they can submit their written comments, objections and/or presentation of the draft Regulatory Decision to CERA. Pursuant to the draft Regulatory Decision, CERA decided to set basic principles for the formulation of the Ten-Year Distribution System Development Plan. For the continuous updating of all licensees, license applicants, and any other interested parties, in the context of complete transparency in view of the imminent operation of the competitive electricity market in Cyprus, the draft Regulatory Decisions provides for the inclusion of the following criteria in addition to the provisions of the Law: • The distinction of projects that are included in the Ten-Year Distribution System Development Plan into support and expansion projects aimed at separating the projects that are deemed necessary for improving the operation of the Distribution System (support projects) and projects that are required for the connection of users to the system (Producers, Medium and Low Voltage Customers). • The inclusion of Distribution system modernization projects • The inclusion of projects that aim at improving energy quality and reducing Distribution System energy losses. • The inclusion of projects that aim at better serving Distribution System Users. • The total estimated cash flows of all distribution projects. • Detailed time schedule for the implementation of the distribution projects. The draft Regulatory Decision also determines that within six months prior to the end of each twoyear period (starting by December 2022 at the latest), the DSO shall submit the proposed Ten-Year Distribution System Development Plan for the decade starting in January of the coming year to CERA for approval. The validity of the Ten-Year Distribution System Development Plan starts from the date it receives approval from CERA. Upon completion of the public consultation in January 2022, CERA will publish the General Table with all the comments that have been submitted and will then process the comments and the results will be published. Draft Regulatory Decision "on the Establishment of Basic Principles for the Formulation of the Ten-Year Transmission System Development Plan" On 23 December 2021, CERA published the Draft Regulatory Decision entitled "on the Establishment of Basic Principles for the Formulation of the Ten-Year Transmission System Development Plan" in

RkJQdWJsaXNoZXIy MzU4MTg0