Country:Latvia
Year:2007 (August 22nd)
Policy status:Superseded
Jurisdiction:National
Date Effective:2007 (August 22nd)
Date Ended:2009 (March 14th)
Policy Type:Economic Instruments>Fiscal/financial incentives>Feed-in tariffs/premiums
Policy Target:Multiple RE Sources, Wind, Hydropower, Bioenergy
Policy Sector:
Agency:Ministry of Economy
URL:http://www.vvc.gov.lv/export/sites/default/docs/LRTA/MK_Noteikumi/Cab._Reg._No._503_-_Electricity_Production_from_Renewable_Energy_Resources.doc
Legal References:Cabinet Regulation No. 503 of 24 July 2007 “Regulations regarding Electricity Production from Renewable Energy Resources”
Description:

The regulation states that the public trader is obliged to purchase electricity generated from renewable energy sources from those electricity producers who have received the right to sell electricity under the mandatory procurement process.

In order to qualify for the right to sell electricity from wind power plants (larger than 0.25 MW), the producers shall participate in a competition organised by the Ministry of Economics. The selected producers will receive 10 year contracts from the Ministry.


In order to qualify for right to sell electricity from wind (smaller than 0.25 MW), hydro, biomass and biogas the producers will submit an application to the Ministry of Economics. The selected producers will be awarded contracts for 10 years. The remuneration will depend on the technology and the size of the plant and is specified in the regulation.

Related policies:Electricity Market Law
This record is superseded by:Regulations Regarding the Production of Electricity Using Renewable Energy Resources and the Procedures for the Determination of the Price (2009)

Last modified: Mon, 22 Jul 2013 12:44:18 CEST