The New Draft Law For Electricity Market

The new draft Electricity Market Law ("Draft Law") has been published on the web-site of Energy Market Regulatory Authority ("EMRA"). If Draft Law is promulgated and enters into force, the Electricity Market Law numbered 4628 ("EML")¹ will be abrogated. When compared with the EML, the Draft Law envisages some important changes and herein this article, these changes will be reviewed.

Activities and Licenses

The electricity market activities which can be conducted under a license are listed under Article 4 of the Draft Law as generation, transmission, distribution, wholesale, retail sale, market operation, and export and import activities. Differing from the EML, while the activities of retail sale service and trade are not mentioned, market operation activities are introduced as an activity type.