Policy status:Superseded
Date Effective:1999
Policy Type:Policy Support
Energy Efficiency Description:The Government has implemented measures to encourage the development of more efficient or carbon free electricity production, including cogeneration, small hydroelectric production and generation using other renewable energy sources. The formula for payments of capacity and energy supplied to the grid by new cogenerators was set in 1999. Monthly payments are a function of performance of the undertaking and of criteria for availability; an environment premium is added if thermal efficiency of the plant is at least equal to the most efficient combined-cycle. As with efficient electricity generation, the legislation approved for the payments of electricity from renewables is based on a market value associated to the environmental benefits (avoided carbon) obtained from renewable based electricity.
Climate Change Description:A new programme providing incentives to the development of economic activities under the Community Support Framework (POE) is under preparation. Under this programme new regulations for providing incentives to projects of energy efficiency and diversification will be developed.

Last modified: Tue, 17 Jul 2012 12:24:52 CEST