Country:Venezuela
Year:2010
Policy status:Ended
Jurisdiction:National
Date Effective:2010
Date Ended:2011
Policy Type:Economic Instruments>Fiscal/financial incentives>Tax relief
Renewable Energy Policy Targets:Bioenergy
Policy Sector:Electricity
Agency:People's Ministry for Electric Energy
URL:http://www.pgr.gob.ve/dmdocuments/2010/39392.pdf
Legal References:Numero 39.298
Renewable Energy Description:

Electricity Ministry Resolution of 2009 provided incentives self-generation and co-generation. The incentives, which expired in 2011, included the option to grant, for a period of two-years, total or partial exemption from fuel payments, expedited administrative procedures, VAT exemption and net metering. The Agroindustrial Sugar Center Ezequiel Zamora S.A. benefited from these exemptions. Around 25MW generators were installed, whose primary source is bagasse and oil.

Last modified: Tue, 09 Feb 2016 17:38:40 CET