Proposed Exposure Draft To Amend The Regulation On Unlicensed Electricity Generation

Introduction

The Turkish Electricity Market Regulatory Authority ("EMRA") prepared a draft Exposure Draft ("Draft") to amend the Regulation on the Unlicensed Electricity Generation ("Regulation")¹ that was submitted for the public in November, 2015, for commentary and review from market players, investors, legal and business advisors. The Draft is an indication of the will from the regulator and a projection of a possible legislation; therefore, this short article highlights the main issues of consideration prior to the publication and entry into force of the Draft.

The main amendments proposed in the Draft amends connection principles, selection of connection points and technical application process, and a restriction on mergers and spin-offs of generation facilities.