Latvia may drop us­ing MPC sys­tem in the next three years’ time

Baltic News Network - - News -

Latvia may com­pletely cease us­ing the manda­tory pro­cure­ment com­po­nent sys­tem, as con­firmed by Econ­omy Min­is­ter Arvils Ašer­adens.

This pro­posal was sup­ported this Wed­nes­day by the min­istry’s work group that has worked on ways to can­cel MPC sys­tem th­ese past sev­eral months.

To abol­ish the sys­tem, the min­istry pro­poses restor­ing sub­si­dized elec­tric­ity tax at 15% in 2019 and es­tab­lish­ing new re­quire­ments for bio­gas plants on min­i­mal food waste and other or­ganic waste ra­tio.

It is also planned to re­form power out­put pay­ments, form­ing changes to its ad­min­is­tra­tion, es­tab­lish­ing a re­quire­ment for power sta­tions to in­clude an­cil­lary ser­vices to the trans­mis­sion sys­tem to re­duce con­sumers’ pay­ments.

Econ­omy Min­istry also pro­poses re­view­ing reg­u­la­tions gov­ern­ing in­ter­nal prof­its, and adopt­ing so-called green cer­tifi­cates to be sold by en­ergy pro­duc­ers to traders.

On 17 April, Latvia’s gov­ern­ment de­cided to form a work group to re­search ways to abol­ish the manda­tory pro­cure­ment com­po­nent sys­tem. Ašer­adens is the leader of this group and Econ­omy Min­istry’s state sec­re­tary Ēriks Eglītis is his deputy.

The work group also in­cludes rep­re­sen­ta­tives from min­istries and state in­sti­tu­tions, as well as ex­perts from re­new­able en­ergy re­source in­dus­try and or­ga­ni­za­tions like Lat­vian Em­ploy­ers’ Con­fed­er­a­tion, Lat­vian Cham­ber of Com­merce and In­dus­try, For­eign In­vestors Coun­cil and other part­ners of the gov­ern­ment.

Paula Čurk­ste/LETA

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