EU Directive 2018/2001. In unique, the law amended the Code from the
EU Directive 2018/2001. In distinct, the law amended the Code of the Power by introducing the REC as disciplined by the EU legislator. Certainly, they are described as autonomous legal entities characterized by: the open and voluntary participation; the successful handle by the shareholders that have to reside nearby the renewable energy plant; the shareholders could possibly be all-natural persons as well as municipalities, small-medium enterprises and local authorities; the final purpose of the community is always to produce environmental, social and financial added benefits in lieu of just economic income. The RECs can create, stock and sell power too as exchange within the neighborhood the power developed by the units owned by the neighborhood itself. Also, the law established that the neighborhood has to have cost-free access towards the energy market place devoid of any discrimination. In 2021, with the decree n. 236/2021, 3rd March 2021 the French legislator has added to REC discipline two needs imposed by the EU legislation: for private providers that participate to REC, the involvement in the community can’t be their principal industrial or skilled activity; the community members must preserve their quality of end-consumers and specifically their rights and obligations. When analyzing the power sector in France, it’s also vital to consider that, as opposed to Germany, the French electricity mix is characterized by the production of nuclear power which, combined together with the hydroelectricity, turns out to possess a very low carbon intensity. Inside the described context, the role of REC in France has been defined as “important for its regional contribution to social and economic solidarity” [19]. Furthermore, RECs aren’t merely noticed as a imply to save/earn money, but also as a method to engage folks in power transition. On this regard, it can be crucial that citizens contemplate RECs as an aid to reduce power poverty and that they recognize how such projects could improve their chance to participate inside the selection generating processes relating to the power sector [20]. In 2020 in France, have already been registered 256 RECs mainly Cholesteryl sulfate In stock situated in Occitanie, Auvergne-Rhone-Alpes, Britany and Pays de La Loire plus the majority of them make solar energy trough the installation of rooftop photovoltaic. Amongst these RECs, about 143 are already active, whereas 81 are at the moment below IL-11 Receptor Proteins Accession building. General, RECs create approximately 512.five MW and 1047.9 GWh from the electricity that may be supplied per year in France. Presently, RECs involve 21,350 citizens who have invested 34 million euros [21]. The third country analyzed is Spain. Concerning the development of RECs in Spain, it can be doable to identify two periods of expanding of such initiatives. The initial 1 goes from 1997 till 2012, and also the second, which can be still going on, starts from 2012 [22]. The year 1997 is considered to be important simply because it’s the starting from the liberalization method on the electrical energy sector in Spain; this openness is mostly due to the Spanish participation inEnergies 2021, 14,5 ofthe EU Communities. The second turning point would be the year 2012 due to the fact with the overlap from the financial crisis as well as the surge inside the installation of capacity of gas combined cycle (GCC), which resulted in an oversupply from the energy technique. Inside this context, it must be deemed that Spain’s electricity sector is characterized by a lack of transparency [23] that allowed the “Asociaci Espa la de la Industria El trica” (the association.