S.L. 545.35 Art. 12Union renewable development platform and statistical transfers between Member States.

(1) The Minister may make arrangements for the statistical transfer of a specified amount of energy from renewable sources from Malta to another Member State, or from another Member

State to Malta, as the case may be.

(2) The transferred amount shall be:

(a) deducted from the amount of energy from renewable sources that is taken into account in calculating the renewable energy share of the Member State making the transfer for the purposes of the Directive; and

(b) added to the amount of energy from renewable sources that is taken into account in calculating the renewable energy share of the Member State accepting the transfer for the purposes of the Directive.

(3) The Minister may, for the purposes of sub-regulation (1) make use of the Union renewable development platform (‘URDP’) established by the Commission, and may, on a voluntary basis, submit to the URDP annual data on Malta’s national contributions to the Union target or any benchmark set for monitoring progress in Regulation (EU) 2018/1999, including the amount by which Malta is expected to fall short of or exceed its contribution, and an indication of the price at which Malta would accept to transfer any excess production of energy from renewable sources from or to another Member State.

(4) The price of any transfers effected in terms of the provisions in sub-regulation (3) shall be set on a case-by-case basis based on the URDP demand-and-supply matching mechanism.

(5) The arrangements referred to in sub-regulations (1) to (4) may have a duration of one or more calendar years and shall be notified by the Minister to the Commission or finalised on the URDP not later than twelve (12) months after the end of each year in which they have effect. The information sent to the Commission shall include the quantity and price of the energy involved. For transfers finalised on the URDP, the parties involved and the information on the particular transfer shall be disclosed to the public.

(6) Transfers shall become effective after all Member States involved in the transfer have notified the transfer to the Commission or after all clearing conditions are met on the URDP, as applicable.