, Electricity Market Law
Country:Latvia
Year:2009 (March 18th)
Policy status:In Force
Jurisdiction:National
Date Effective:2009 (March 18th)
Policy Type:Economic Instruments>Fiscal/financial incentives>Feed-in tariffs/premiums
Policy Target:Multiple RE Sources, Multiple RE Sources>CHP
Policy Sector:Electricity, Heating and Cooling
Size of Plant Targeted:Small and Large
Agency:Ministry of Economy
URL:http://www.vvc.gov.lv/export/sites/default/docs/LRTA/MK_Noteikumi/Cab._Reg._No._221_-_Regulations_Regarding_Production_of_Electricity_in_Cogeneration.doc
Legal References:Cabinet Regulation No.221 of 10 March 2009 “Regulations Regarding Electricity Production and Price Determination Upon Production of Electricity in Cogeneration”
Evaluation:Providing support in accordance with the existing feed-in system, there will be a significant risk of electricity price increase for each consumer, particularly for industry and exporters. The Ministry of Economics till January 1, 2016 will not organize tenders for the acquisition of the right to sell electricity produced in biomass, biogas, solar or wind power plants within the scope of mandatory procurement and new producer cannot qualify for the right to sell the produced electricity as the volume of electricity to be mandatory procured and for acquisition of the right to receive a guaranteed fee for the installed electric capacity.
Description:

The public trader is obliged to purchase electricity generated in efficient cogeneration process. In accordance with the amendments to Cabinet Regulation No. 221 of 10 March 2009 "Regulations Regarding Electricity Production and Price Determination Upon Production of Electricity in Cogeneration", in the period from 10 September 2012 to 1 January 2016 the producers may not qualify for selling electricity under the mandatory procurement process.

This record supersedes:Regulations Regarding Electricity Production in Cogeneration

Last modified: Tue, 20 May 2014 15:19:02 CEST