The regulation includes setting incentive fees for practicing energy storage activities, which contributes to enhancing the stability of the electrical system and increasing its capacity to accommodate the expansion in the use of renewable energy systems, in line with the targets of the energy sector strategy.
It also includes incentives to support the transition in the energy sector, most notably exempting independent transmission activity and the associated generation dedicated to green hydrogen production projects from licensing fees, with the aim of encouraging investment in this field and keeping pace with modern production technologies.
The regulation organizes the procedures for granting, renewing, and amending electricity sector activity licenses by consolidating licensing conditions into a single legislative text that is easy to apply and ensures procedural stability for investors and operators.
The regulation adopts incentive mechanisms, including zero-value fees for some newly introduced activities with a positive impact on the electricity system, such as energy storage and independent transmission, in support of investment, innovation, and keeping pace with energy transition requirements.
The regulation also aims to ensure the integration of electrical grid operations with renewable energy resources, enhance technical governance, and create a balanced legislative environment that supports sector growth and the sustainability of the energy system, while enhancing its investment attractiveness and the transition towards clean energy.
