The Ministry of Economic Affairs announced on Dec. 14 that self-generated green energy (Type 2 and 3 solar plants) can now be sold to renewable energy retailers, which can then resell it to corporate users.
The policy change is estimated to contribute an annual increase of 8.6 billion KWh into the green energy market.
As per the Electricity Act, only electricity enterprises can sell green energy. After the liberalization of green energy market, small and medium solar power plants, referred to as Type 3 solar plant, need to convert to Type 1[1] to resell electricity. However, transitioning from Type 3 to Type 1 presents numerous requirements from large-scale electricity companies, posing challenges for smaller plants.
