Introduction
The Electricity Market Regulatory Authority ("EMRA")
amended the Regulation on the Unlicensed Electricity Generation in
the Electricity Market ("Regulation"). Within this
context, EMRA prepared three different exposure drafts amending
such Regulation on 15.05.2015, 26.10.2015 and 26.11.2015. Finally,
EMRA has finalized its evaluation, and has made the necessary
adjustments via the Regulation Amending the Regulation on the
Unlicensed Electricity Generation in the Electricity Market
("Amending Regulation"). The Amending Regulation entered
into force through publication in the Official Gazette dated
23.03.2016 and numbered 29662. The drafts regarding the novelties
to be introduced to the Regulation that were publicly disclosed
were evaluated in one of our previous Newsletter
articles1. This article clarifies the significant
amendments to the Regulation, set forth by the Amending
Regulation.