Cyprus Energy Regulatory Authority Annual Report 2021

72 Cyprus Energy Regulatory Authority Figure 6 - Herfindahl-Hirschman Index (HHI) of the non-household electricity consumer market in Member States in the period 2018 - 20207 7 ACER Annual Report on the Results of Monitoring the Internal Electricity and Natural Gas Markets in 2020 - Energy Retail Markets and Consumer Protection Volume Granting of a License, General License, and Exemption The licensing of activities related to electricity is regulated by the Law Regulating the Electricity Market of 2021, the Rules on the Regulations Regulating the Electricity Market (Licensing) and Regulatory Decision 02/2021 entitled "Regulatory Framework for the Granting of the General License (KDP 523/2021). The licenses issued by CERA, in accordance with Article 26 of Law Regulating the Electricity Market of 2021, concern the following activities: • Construction and operation of a power plant with conventional fuels for commercial purposes. • Construction and operation of a power plant with conventional fuels for self-consumption and reserve purposes with a generating capacity greater than 1MW. • Construction and operation of a power plant using RES with a generating capacity of more than 8MW. • Supply of electricity to final customers • Supply of electricity to wholesale customers. • Execution of the duties of the Balance Responsible Party. • Execution of the duties of the Aggregator.

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