Policy status:Superseded
Date Effective:1999
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Policy Target:
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The government has implemented measures to encourage the development of more efficient or carbon free electricity production, including co-generation, small hydroelectric production and generation using other renewable energy sources. The formula for payments of capacity and energy supplied to the grid by new co-generators was set in 1999. Monthly payments are a function of performance and 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.

This record is superseded by:New Tariffs for Renewables

Last modified: Thu, 14 Mar 2013 16:41:28 CET