|Year:||2010 (last amended 2014)|
|Policy status:||In Force|
|Date Effective:||2010 (last amended 2014)|
Amended by regulation of 1 August 2014 concerning feed-in tariffs for renewable electricity based on renewable sources
|Policy Type:||Economic Instruments>Fiscal/financial incentives>User charges, Economic Instruments>Fiscal/financial incentives>Taxes|
|Policy Target:||Multiple RE Sources>Power, Multiple RE Sources|
|Policy Sector:||Electricity, Framework Policy|
|Agency:||Institut luxembourgeois de régulation|
|Legal References:||Règlement grand-ducal du 31 mars 2010 au Mémorial A-No 59 du 19 avril 2010; Legal basis: Law of 1st August 2007 concerning the organisation of the electricity market;|
The regulation establishes a clearing mechanism for the net costs resulting from the feed-in tariff system for the deployment of renewable energy instillations.
The compensation fund is managed by the Luxembourg Institute of Regulation (ILR), which sets the amount of the annual contribution based on the market price of electricity produced by conventional methods. The revenues gathered through the mechanism are distributed to the end electricity consumers in order to decrease electricity bills costs.
|Related policies:||Regulation on electricity market organization , Feed-in tariffs for renewable energy and cogeneration (Règlement du 12 février 2008 et du 23 novembre 2012)|
Last modified: Wed, 03 Feb 2016 17:50:49 CET