23 – DEFINITIONS

1. Committee: means the Committee to be agreed between the EU and Cyprus and will have the responsibility to manage the resources available under the Scheme, to monitor compliance with the terms of the Scheme, as well as to examine and decide on any issues arising in the context of this Scheme. The Committee has also the right to appoint authorized officers from all the competent Departments/Ministries/Services or other bodies, in order to perform the duties of evaluators, inspectors or any other duties to adequately carry out its work.
2. Category: This term designates a distinct grouping used in the tender framework where competitors with similar characteristics or specific attributes compete. Categories facilitate the organization and classification of participants according to various criteria such as technology type, project size, type of enterprise, market participation, terms of grid connection of the operator responsible for the project, among others.
3. Compensation Price for the energy fed into the grid by RES systems with Energy storage: the average price that will be determined by the tendering process by the applicants.
4. DOSS: Digital One Stop Shop and refers to the online platform of BFU Service.
5. Facility’s self-consumption: The proportion of electricity a facility consumes directly from the grid, excluding losses attributed to the storage system, when this constitutes at least 20% of the facility’s annual electricity use. Facilities achieving over 80% self-consumption, indicating minimal reliance on grid electricity, are generally advised against participating in this scheme to emphasize the importance of effective energy storage and utilization.
6. Hybrid Facility: For the purposes of this Scheme, a hybrid facility is called a RES power plant, which has a storage system directly connected to the electricity generation system and the connection of the system to the electricity transmission or distribution network is done through a common connection.
7. Intermediate Body of the grant Scheme projects: as outlined in Regulation (EU) 2021/1060, this includes the Project Implementation Selection and Monitoring Unit and the Verification Unit. For the purposes of this Scheme, it serves as the project’s Intermediate Entity, which according to the Decision of the Council of Ministers [], is located within the premises of MECI.
8. Ministry: The Ministry of Energy, Commerce and Industry (MECI) of Cyprus.
9. Mature renewable energy technologies: refer to those that have been developed and deployed at a large scale, demonstrating proven reliability, efficiency, and cost-effectiveness. These technologies have undergone significant advancements over time and have been widely adopted in the energy sector.
10. Net-billing: This method is established to calculate the difference between the cost of electricity purchased (according to the consumer’s applicable tariff) from the electrical system and the credit received from selling excess electricity produced by the RES Electricity Production System and fed into the Network. This calculation is done for each pricing period as determined by the purchase price of Electricity from RES, which is set by CERA and outlined in the Scheme. Applicants in this category (both new and existing are applicable for the scheme under category A1.4 and A2.4 respectively).
11. Net metering: The netting at the meter level of the kWh exported from the storage system compared with the kWh imported (consumed) from the storage system.
12. New plant: Any RES plant that has not obtain the operational licence from CERA till the grant agreement takes place under the current support scheme.
13. Production capacity: the “net maximum electrical power” (The maximum active power that can be supplied continuously, with a fully operational facility, at the point of connection (i.e., after deducting the electrical energy for own needs and the losses in the transformers, which are considered an integral part of the operation of the plant).
14. RET: Renewable Energy Technologies
15. RES Fund: Renewable Energy Sources and Energy Conservation Fund (Law L108(I/2022).
16. Scheme: The present support Scheme named “Scheme for the installation of energy storage systems in combination with facilities for electricity generation from RES (Hybrid systems)”.
17. Self-generation: the production of electricity from RES, which is used at any time exclusively for own consumption at the applicant’s premises.
18. Undertaking: means any natural or legal person, whether governed by public or private law, or as a whole or an association of persons, with or without legal personality, engaged in an economic activity (as defined under Community competition law). That is, the concept of an enterprise is not limited to a company, or a natural or legal person engaged in an economic activity but may include a group of companies or several economic units or natural persons, acting jointly as a single economic entity.

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