|Policy status:||In Force|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Feed-in tariffs/premiums, Policy Support, Policy Support>Institutional creation|
|Policy Target:||Multiple RE Sources|
|Policy Sector:||Electricity, Heating and Cooling|
|Size of Plant Targeted:||Small and Large|
|Agency:||Ministry of Energy|
The Renewable Energy Law was enacted by the Parliament on January 11, 2007. It aims to increase the utilization of renewable energy in Mongolia and to regulate the generation and the supply of renewable energy.
In June 2015 the Renewable Energy Law of Mongolia was updated. The purpose of the amendment was to enhance financial situation of single buyer model of the power sector and ensure feed-in tariffs in the Law on Renewable Energy.
The amendment introduced a new term: “Encouraging Tariff” referring to the gap between the feed-in tariff levels and the final tariff paid by the consumer. Regulations related to the PPAs were also updated.
|Related policies:||Mongolia renewable energy feed-in tariff|
Last modified: Wed, 09 May 2018 15:30:06 CEST