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eguliranih cijena. Stabilna razina reguliranih cijenabez veÊih fluktuacija ne moæe se postiÊi ukolikosu moguÊe Ëeste promjene cijena usluga kao πtoje to sluËaj s hrvatskim regulatornim okvirom, kojirazmatra troπkove subjekata koji obavljaju reguliranedjelatnosti godinu za godinu. Naime, iakoenergetski subjekti nastoje, dugoroËno gledajuÊi,odræavati istu razinu investicija na godiπnjoj razini,njihovi troπkovi su razliËiti od godine do godine,a time i razina dozvoljenog prihoda. Pitanje je nakoji naËin Êe se HERA postaviti prema ovakvomproblemu s kojim se susreÊu regulatorna tijela.in the sense of achieving continuously regulatedprices. A stable level of regulated prices withoutwide fluctuations cannot be achieved if it is possibleto change the prices for services frequently, asis the case with the Croatian regulatory framework,which considers the expenditures of the entitiesperforming regulated activities from year to year.Although the energy entities attempt to maintainthe same level of investment on the annual level,viewed over the long-term, their costs differ fromyear to year and therefore the level of allowed revenuealso differs. It is a question how the CERA willaddress this problem.4 ULOGA HRVATSKEENERGETSKE REGULATORNEAGENCIJE U DONO©ENJUPLANOVA RAZVOJA IIZGRADNJE4.1 Zakonodavno rjeπenjeHrvatski zakonodavac propisao je Zakonom o træiπtuelektriËne energije [8] da HEP OPS i HEP ODSdonose planove razvoja i izgradnje za razdoblje odtri godine uz prethodnu suglasnost HERA-e na prijedlogplanova. Meappleutim, zakonodavac ne prepoznajenadleænost HERA-e u davanju suglasnosti zaplanove razvoja i izgradnje djelatnosti proizvodnjei opskrbe elektriËnom energijom za tarifne kupce.PrimjenjujuÊi ovakvo zakonsko rjeπenje postavljase pitanje na koji naËin Êe HERA razmatrati investicijskeplanove subjekata za proizvodnju i opskrbuelektriËne energije i ukljuËiti opravdana ulaganjau regulatornu osnovicu sredstava, buduÊi dana njih temeljem Zakona [8] ne daje suglasnost, aprimjenjuje istu metodu regulacije kao kod monopolnihdjelatnosti ∑ metoda priznatog troπka. Onoπto je potrebno napomenuti je da su tarifni sustavi,koje je donijela HERA, a ne zakonodavac, uloguHERA-e u davanju suglasnosti na planove razvojai izgradnje definirali kao identiËnu za sve djelatnosti,iako to nije u skladu sa zakonskim odredbama.Nadalje, u tekstu svih tarifnih sustava navodi seda HERA daje suglasnost i na planove poslovanjasvih djelatnosti iako pojam plan poslovanja Zakon[8] isto tako ne prepoznaje.Takva razlika nadleænosti izmeappleu zakonskih odredabakoje je utvrdio Hrvatski sabor i odredaba kojeproizlaze iz podzakonskih akata koje je donijelosamo tijelo za sebe, u ovom sluËaju HERA, potenciraËinjenicu da se prije donoπenja drugog setaenergetskih zakona nije detaljno analizirala uloga ipozicija HERA-e kao regulatornog tijela u energetskomsektoru RH kao niti regulacija energetskihdjelatnosti kao disciplina sa svojim znaËajkama.4 THE ROLE OF THE CROATIANENERGY REGULATORYAGENCY IN THE ADOPTIONOF DEVELOPMENT ANDCONSTRUCTION PLANS4.1 Legislative solutionCroatian legislation stipulates that pursuant to theElectricity Market Act [8], the transmission systemoperator and the distribution system operator shalladopt development and construction plans for periodsof three years, pending prior approval of theproposed plans by the CERA. However, the legislationdoes not recognize the authority of the CERAin issuing approval for the development and constructionplans for the activities of the productionand supply of electrical energy for tariff customers.Applying such a legal solution, the question arisesconcerning how the CERA will analyze the investmentplans of the entities for the generation andsupply of electrical energy and include the justifiedinvestment in the regulatory asset base, since accordingto the Law [8] it does not issue approvaland applies the same method of regulation as formonopoly activities ∑ the regulation of the rate ofreturn. It should be mentioned that in the tariffsystems which the CERA has adopted, and not thelegislator, the roles of the CERA in issuing approvalfor development and construction plans are definedas identical for all activities, although this is notpursuant to the legal provisions. Furthermore, inthe text of all the tariff systems, it is stated that theCERA also issues approval for the business plans ofall activities, although the Law does not recognizethe concept of a business plan [8].Such differences in the specified authority betweenthe legal provisions established by the CroatianParliament and the provisions ensuing from thebylaws that the agency has issued for itself, in thiscase the CERA, emphasize the fact that the roleŠtritof, I., KleËina, F., Regulatorna politika i njen utjecaj ..., Energija, god. 56(2007), br. 5., str. 554-583Štritof, I., KleËina, F., Regulatory Polica and Its Impact ..., Energija, vol. 56(2007), No. 5, pp. 554-583572