The Turkish Energy Market Regulatory Authority
("Authority") has published updated
procedures and principles for the state-owned transmission company
to determine transmission system use and operation revenues. The
Communiqué Regarding Transmission Revenue Regulations
("Communiqué") was published in
Official Gazette number 29578 on 30 December 2015, entering into
effect on 1 January 2016.
Under the Communiqué, transmission costs must be
determined based on the expenditures necessary for the Turkish
Electricity Transmission Company
("TEİAŞ") to carry out
transmission system activities. These include system use and
operation costs, as well as other costs which may arise in
accordance with relevant legislation. The Communiqué defines
and outlines calculation methods for revenue necessity, operation
costs, investment costs, maximum revenue, revenue gap adjustment,
as well as investment gap adjustment.
TEİAŞ must submit a method declaration to the
Authority, including information about items specified in the
Communique, along with determination of which items will apply for
different user groups. The Authority has discretion to make any
necessary changes to the method declaration.
Revenue necessity, maximum revenue and revenue gap adjustment
are considered when determining transmission system use activity as
well as system operation activity. However, investment costs and
adjustment are only considered for transmission system use
The Communiqué repeals the earlier Communiqué
Regarding the Transmission System Revenue Regulations and the
Communiqué Regarding the Transmission System Operation
Revenue Regulations (both published in Official Gazette number
24843 on 11 August 2002).
Please see this link for full text of the latest
Communiqué (only available in Turkish).
Information first published in the MA | Gazette, a fortnightly legal update newsletter
produced by Moroğlu Arseven.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
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