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EMRA introduces regulation on aggregation activity in the electricity market

Energy Market Regulatory Authority ("EMRA") introduced the Regulation on Aggregation Activity in the Electricity Market ("Regulation") on 17 December 2024.

Aggregation activity was introduced in the electricity market in 2022, as part of an omnibus law. According to the legislation on aggregation activities, aggregation activity is combination and operation of the consumption and/or generation of one or more grid users.

The Regulation aims to formally recognise aggregators as participants in the electricity market and establish the legal and operational framework for the efficient management of energy production, consumption, and storage activities within a unified portfolio. Additionally, the Regulation defines the role of aggregators in the organized wholesale electricity market and bilateral agreement activities, as well as the duties, authorities, and responsibilities of the parties involved in transactions carried out within the scope of aggregation activities in the electricity market. The introduction of the aggregation concept has also necessitated amendments to existing regulations to further align the legislative framework with aggregation activities.