|Policy status:||In Force|
|Policy Type:||Economic Instruments>Market-based instruments, Policy Support>Institutional creation|
|Renewable Energy Policy Targets:||Multiple RE Sources|
|Size of Plant Targeted:||Small and Large|
|Agency:||Ministerio de Energía y Minería|
|Legal References:||Dec. 531; Law 27.191|
|Renewable Energy Description:|
The Decree 531 regulates and puts in to effect Law 27.191 that was adopted earlier in the Argentinian Parliament. Together they create a trust fund for renewables, define the incentives for renewable independent power producers and determine the framework for renewable energy auctions.
The Decree and Law create the Fund for the Development of Renewable Energies (Fondo para el Desarrollo de las Energias Renovables - FODER) that will provide payment guarantees and project finance.
The Decree and Law introduce fiscal incentives to independent power producers, including:
The Decree and Law describe the power purchase agreements (PPAs) under renewable energy auctions:
The Decree and Law introduce important market and financial incentives for local supply chain building, including:
|Related policies:||Law 26.190 - Promotion of Renewable Source of Energy for Electricity Production , Argentina Renewable Energy Auctions - RenovAr Program (Round 1)|
|This record supersedes:||Law 26.190 - Promotion of Renewable Source of Energy for Electricity Production|
Last modified: Thu, 01 Mar 2018 17:17:49 CET