Background information

The _ Act on the Emergency Intervention Addressing High Energy Prices_ (ZNPOVCE, adopted by the National Assembly on 9 December 2022) provides for temporary measures to reduce import dependency on energy supply, measures to increase the production of energy from renewable energy sources, measures to control the prices of energy and energy products, the contribution from extra market revenues and their distribution etc. The law gives the government the right to subsidize legal and individual subjects for reduced energy consumption and installation of new renewable energy sources. Moreover, it stipulates the limitation of market surpluses and solidarity contributions.

Content of measure

The Act on the Emergency Intervention Addressing High Energy Prices (ZNPOVCE) provides various incentives for the economy to reduce the negative consequences of the energy crisis:

1. Incentives for the reduction of electricity consumption : traders, suppliers and final consumers with a connection capacity of more than one MW may receive an incentive for a 10% reduced electricity consumption in peak hours from January to March 2023. The system operators fix parameters of average past and reduced consumption and organize a call to collect tenders.
2. Grants for installing new renewable energy sources : nonrefundable aid can be granted to producers of new renewable energy.
3. Limitation of extra market surpluses : so-called ‘excess market revenues’ from the sale of electricity, produced and sold on the wholesale market in Slovenia, above 180 per MWh, belongs to the government budget. Provision is in force from 1 December 2022 to 31 December 2023.
4. Solidarity contribution : It is levied on profits from the extraction and processing of crude oil and natural gas, determined at 20% above the average profits in the last four years.

Contributions under 3 and 4 can be used for incentives and grants as described above, for energy and dearness allowances and for the financing renewable energy sources.

Use of measure

No information available.

Target groups

Workers	Businesses	Citizens
Does not apply to workers	Applies to all businesses	Does not apply to citizens

Actors and funding

Actors	Funding
National government	European Funds National funds

Social partners

Social partners' role in designing the measure and form of involvement:

	Trade unions	Employers' organisations
Role	Unknown	Unknown
Form	Not applicable	Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

• Unknown
• Main level of involvement: N/A

Involvement

No information available.

Views and reactions

The social partners did not react or publicly comment on this measure.

Sectors and occupations

This case is not occupation-specific.

Sources

• 19 December 2022: Act on the Emergency Intervention Addressing High Energy Prices (Zakon o nujnem posredovanju za obravnavo visokih cen energije, ZNPOVCE (www.uradni-list.si)