Senate’s amendments to the act on the solidarity contribution

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At today’s meeting on July 28, 2023, the Senate Committee on National Economy and Innovation considered the motions submitted during the debate on July 27, 2023 on the Act amending the Act on special solutions to protect electricity consumers in 2023 in connection with the situation on electricity market and certain other acts and presented a report containing the amendments recommended for adoption by the Senate (Senate paper 1070Z).

Among the amendments recommended for adoption, there was the deletion of Art. 6 point 4 of the amending act, i.e. removal of amendments to the act of 27 October 2022 on emergency measures aimed at limiting electricity prices and support for certain recipients in 2023, resulting in the need to transfer 97% of from the sale of guarantees of origin, financial instruments and other contracts.

Thus, the Senate did not reject Art. 6 point 5, according to which the mentioned revenues should not be taken into account in the calculation of the volume-weighted average market price of electricity sold.

All the above changes regarding Art. 23 of the Act on Emergency Measures, are to enter into force after 2 months from the date of publication of the amending Act. In practice, the above means that the new provisions will come into force from November 1, 2023 (in the case of an announcement in August) or from December 1, 2023 (in the case of an announcement in September).