Cyprus Energy Regulatory Authority Annual Report 2021

36 Cyprus Energy Regulatory Authority Decision 165/2021 - Regulation 2019/941 - Establishment of a Risk-Preparedness Plan in the Electricity Sector By Decision 165/2021, dated 26 May 2021, having regard to • the first phase of consultations that took place with the TSOC regarding the preparation of the draft risk-preparedness plan, • the consultations that took place with the DSOs, the trade bodies of the relevant producers, the electricity companies, and the relevant organizations that represent the interests of industrial and non-industrial electricity customers regarding the preparation of the draft risk-preparedness plan, • the fact that in order to ensure the consistency of the risk-preparedness plans, prior to approving these risk-preparedness plans, the competent authorities submit the drafts to consultation to the competent authorities of the relevant member states in the region and when not in the same region, to the competent authorities of directly related member states, and to the Electricity Coordination Group (ECG). • the fact that Cyprus is isolated in nature and does not fall under a region nor is it linked to other Member States, therefore, the draft risk-preparedness plan will only be submitted to the ECG, CERA decided to approve the Draft Risk-Preparedness Plan in the electricity sector, which it submitted to the CERA Office and this decision will be communicated to the ECG. Decision 166/2021 - Call for Expression of Interest for the selection of a Supplier of Last Resort in the Cypriot Electricity Market for a two-year period By Decision 166/2021, dated 26 May 2021, having regard to Decision No. 24/2021, dated 15 January 2021, regarding the detailed terms and procedure for call for expression of interest for the selection of a supplier of last resort in the Cypriot electricity market for a two-year period and the consultations that were conducted with the CERA licensees, electricity suppliers to final customers, and license applicants for the supply of electricity to final customers, CERA decided to approve the Draft of the Call for Expression of Interest for the selection of a Supplier of Last Resort in the Cypriot Electricity Market for a two-year period. In addition, CERA decided for the Call for Expression of Interest for the Selection of a Supplier of Last Resort in the Cypriot Electricity Market for a two-year period to be published in two daily newspapers, to be posted to the CERA website, to be published in the Official Gazette of the Republic of Cyprus, and to be notified to the competent agencies of the European Commission. Decision 178/2021 - Submission of Allowed Revenue and Regulated Electricity Tariffs for 2022 By Decision 178/2021, CERA issued instructions for the preparation and submission of the Allowed Revenue and Regulated Electricity Tariffs for 2022 alone to CERA, for the existing Regulatory Decision No. 02/2015 (KDP 208/2015) "Statement of Regulatory Practice and Electricity Tariffs Methodology" to be followed, and set specific time schedules for the submission of the Allowed Revenue and Regulated Electricity Tariffs for 2022 to CERA, by each of the regulated activities. It also issued instructions that with the issue of the new Regulatory Decision "Statement of Regulatory Practice and Electricity Tariffs Methodology", each regulated activity shall submit the Allowed Revenue and Regulated Electricity Tariffs for 2022-2026 pursuant to the time schedules set in the new regulatory Decision and the revised adjustment methodology of allowed revenue that will be issued.

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