|Policy status:||In Force|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Feed-in tariffs/premiums|
|Policy Target:||Multiple RE Sources, Wind, Bioenergy, Solar, Hydropower|
|Size of Plant Targeted:||Small and Large|
|Agency:||Regulatory Energy Agency|
The Decree regulates the tariff (feed-in tariff) system for incentive prices for electricity produced in power plants using renewable energy sources and high efficiency cogeneration power plants.
Electricity producers become eligible for the incentivised tariff if they achieve the status of privileged producer and their electricity generation is in compliance with the national programme for the usage and development of renewable energy sources or high efficiency cogeneration.
The decree also determines the tariff for high efficiency cogeneration.
The decree states that an electricity purchase contract will be signed between the producer and the market operator. The tariffs should be paid monthly by the market operator, and the tariffs should be revised annually according the inflation index.
This feed-in tariff supersedes the "Instruction on the methodology of calculation of purchase price of electricity produced in small hydropower plants" (Official Gazette of Montenegro, No. 46/07) and the "Rulebook on the methodology applied to the calculation of purchase price of electricity produced in wind farms" (Official Gazette of Montenegro, No. 27/10).
|Related policies:||Energy Law , Regulatory framework for renewables|
year effective: 2011 (November)
Last modified: Mon, 30 Oct 2017 12:35:30 CET