Amendment To The Regulatory Framework For Renewable Energy

The long-awaited amendment to the regulatory framework applicable to renewable energy, approved by Decree-Law 99/2024 of 3 December ("DL 99/2024") was published yesterday.

The decree partially transposes (i) Directive (EU) 2023/2413 of the European Parliament and of the Council of 18 October 2023 ("RED III"), which amends Directive (EU) 2018/2001, (ii) Regulation (EU) 2018/1999 and Directive 98/70/EC, with regard to the promotion of energy from renewable sources, as well as amending (iii) Decree-Law no. 15/2022, of 14 December 2022 (“DL 15/2022”), which establishes the organisation and operation of the National Electricity System ("DL 15/2022"), and (iv) Decree-Law 151-B/2013, of October 31 ("RJAIA").