|Policy status:||In Force|
|Policy Type:||Regulatory Instruments, Economic Instruments>Fiscal/financial incentives>Feed-in tariffs/premiums, Regulatory Instruments>Other mandatory requirements|
|Renewable Energy Policy Targets:||Wind, Bioenergy, Biomass for power, Hydropower, Multiple RE Sources, All|
|Agency:||Ministry of Economic Affairs and Communications|
|Renewable Energy Description:|
The Electricity Market Act of 2007 initially set out a feed-in tariff provided for electricity purchased under obligation. Some modifications were made in 2009 when the purchasing obligation was waived and restrictions set for supporting wind energy. In 2012 additional modifications were made to the subsidy system.
The principle of feed-in premium was introduced and the purchasing obligation was discontinued.
The current premium levels are: €0,0537/kWh for electricity produced from a renewable source, excluding biomass CHP in condensing mode; €0,032/kWh for electricity produced in efficient cogeneration mode from waste, peat or waste gas, with a device under 10 MWe.
The tariff is paid to wind energy companies until the yearly cap of 600 GWh is reached.
|This record supersedes:||Electricity Market Act 2003|
Last modified: Wed, 20 Mar 2013 11:49:06 CET