S.L. 545.35 Art. 6Stability of financial support.

(1) Without prejudice to adaptations necessary to comply with Articles107 and 108 TFEU, the Minister shall ensure that the level of, and the conditions attached to, the support granted to renewable energy projects are not revised in a way that negatively affects the rights conferred thereunder and undermines the economic viability of projects that already benefit from support.

(2) The Minister may adjust the level of support in accordance with objective criteria, provided that such criteria are established in the original design of the support scheme.

(3) The Minister shall publish a long-term schedule anticipating the expected allocation of support, covering, as a reference, at least the following five years, or, in the case of budgetary planning constraints, the following three years, including the indicative timing, the frequency of tendering procedures where appropriate, the expected capacity and budget or maximum unitary support expected to be allocated, and the expected eligible technologies, if applicable.

(4) The schedule referred to in sub-regulation (3) shall be updated on an annual basis or, where necessary, to reflect recent market developments or expected allocation of support.

(5) The Minister shall, at least every five years, carry out an assessment of:

(a) the effectiveness of support schemes for electricity from renewable sources;

(b) the major distributive effects of support schemes for electricity from renewable sources on different consumer groups, and on investments;

(c) the effect of possible changes to the support schemes.

(6) The assessments referred to in sub-regulation (5) shall be included in the relevant updates of Malta’s integrated national energy and climate plans and progress reports in accordance with Regulation

(EU) 2018/1999, and the results thereof shall be taken into account in the indicative long-term planning governing the decisions of the support and design of new support.