Promotion of Power Generated by Renewable Sources

Country	Czech-Republic
Year Implemented	2005
Policy Status	In force
Date Effective	1 August 2005
Agency	•Ministry of Industry and Trade
Policy Target	•Multiple Renewable Energy Sources   •Power
Policy Sector	•Electricity
Description	The Czech government promotes renewably-produced electricity through purchase guarantees or by paying a bonus on market prices to power distributors. Each year, the Energy Regulatory Office determines these tariffs. The purchase price guarantees return on investments within 15 years if the fixed technical and economical indicators are met. The producer can choose either the fixed purchase price or the bonus at his discretion. The bonus promotion also covers joint combustion of renewable and non-renewable energy sources and to power generation for the producer´s own consumption. Final electricity consumers cover the added costs of renewable energy promotion.
URL	www.mpo.cz
Legal References	Act No. 180/2005