The Ministry of Energy published on Monday, August 7, the draft Government Decision on the approval of the general legal framework for the implementation and operation of the support mechanism through Contracts for Difference for technologies with low carbon emissions. Also on August 7, the information note for bidders was released, a document that provides a summary of the bidding process, including key elements, funding, expected eligibility criteria and an indicative timeline.
| Milestone | Date |
| Submission process | |
| Information to Bidders release | August 2023 |
| Auction Initiation Order release | 2-4 weeks after Information to Bidders is published |
| Deadline for first round of bidder’s clarification questions | September, 2023 |
| Bidders’ conference | end of September 2023/ beginning of October 2023 |
| Response to first round of bidder’s clarifications | week of September 25, 2023 |
| Deadline for second round of bidder’s clarification questions | week of October 23, 2023 |
| Response to second round of bidder’s clarifications | week of October 30, 2023 |
| Deadline for submission of proposals | Week of November 13, 2023 |
| Evaluation and selection process | |
| Opening of Technical Offers | week of November 18, 2023 |
| Notification of qualified and unqualified bidders
Opening of Financial Offers (for qualified bidders only) |
week of December 11, 2023 |
| Notification of awarded bidders | week of December 18, 2023 |
| Anticipated signing date for CfD | week of December 25, 2023 |
The financing of the CfD scheme is expected to be ensured by funds secured by the Ministry of Energy from the European Union Modernisation Fund and transferred to the CfD Liquidity Fund. OPCOM, as the CfD counterparty, will be responsible for managing CfD payments to and from the Liquidity Fund. The Ministry of Energy, as per the Government Decision has an obligation to ensure the Liquidity Fund is properly resourced at all times. The Liquidity Fund can be further supplemented with amounts received through a specific CfD levy to be imposed on retail customers.