Policy status:In Force
Date Effective:2004
Policy Type:Policy Support, Policy Support>Strategic planning
Policy Target:Multi-Sectoral Policy
Agency:Ministry of Energy and Natural Resources

Goal of the Law is to strengthen an energy independence, increase economic and energy security of the Republic, to establish and develop new industry infrastructure and organization of services promoting energy saving and renewable energy, increase living conditions and preserve natural environment.

Law regulates relations between state administration, municipal governments and legal and physical persons involved in sphere of energy savings and renewable energy.

The principals of the Law are:

1- Increasing the supply of indigenous renewable energy to satisfy the demands of the economy.
2- Implementation of energy saving, as well as development and enforcement of legal and economic mechanisms for the promotion of renewable energy.
3- Ensuring a high priority of efficient energy consumption given the increasing volumes of imported and extracted energy resources.
4- Ensuring competitiveness of renewable energy resources and protection/enforcement of rights of businesses engaged in renewable energy.
5- Ensuring high priority of issues of environmental protection and efficient (economic) usage of natural resources.
6- Promotion of energy efficient production of electric and/or heat energy, including for autonomous energy producers.
7- Promotion of integrated activities between the autonomous energy producers of renewable energy resources, and development of an energy system aimed at the exchange of electric energy.
8- Implementation of energy saving and renewable energy state (national) targeted programs.

year effective: 2004 (November 9th)

Last modified: Mon, 30 Oct 2017 12:35:42 CET