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Dominican Republic
Dominican Republic has adopted a law on incentives for the development of renewable energy sources, which aims to increase the diversity of energy sources, reduce dependence on imported fossil fuels and stimulate investment in renewable energy.
- Overview
- Energy mix
- Emissions
- Electricity
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+ 5 pages
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Cost of living package [Amendment to Energy Act]
The government has prepared a so-called umbrella against cost of living for citizens. Support focuses on different areas, and notably encompasses: An energy saving tariff that lowers the price of energy for all households and companies. An Energy Guarantee program for SMEs which energy expenditure exceeds 10 percent of total operating costs. Targeted energy affordability support for the most vulnerable-among a mobility allowance for disabled citizens
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Tax incentives for renewable energy
Zimbabwe has several investment incentives through tax and customs exemptions, which can be used to support renewable energy projects.
Duties and Value Added Tax
Solar and electrical equipment receives exemption from import duty but a 15% VAT charge applies.
The import duty exemptions are given to: solar panels, inverters, solar lights, energy saving light bulbs and electricity generators.
Income Tax Holiday
Renewable Energy developers can benefit from a ten-year income tax holiday offered to investors within the energy, water and sanitation and transport sectors.
The following income tax deductions are available:
First five years: 0%
Second five years: 15… -
The STEP subsidy (Incentive scheme for energy performance in the rental sector)
…400 million for investments in energy-efficiency in the 2014-2017 period with the aim of contributing to the objectives of the agreement on energy saving in the rental sector. The STEP subsidy encourages short-term investments to make residential rental properties energy-efficient. The scheme has been relaxed as of 1 July 2016 with the following changes,
- the subsidy sums have been raised. This increase applies to new applications and with retroactive force for subsidies already awarded.
- in order to encourage extremely energy efficiency renovation, a subsidy is now also awarded for renovations that exceed the Energy Index (EI)… -
Low-energy building in the building stock
…innovative technologies related to energy-efficient building redevelopment. The aim is to encourage imitation by means of transferable, economically viable redevelopment recommendations and examples. The residential property construction companies carry out their restructuring measures themselves. A bandwagon effect in energy-efficient redevelopment is observable and efficient building standards have been established in the market. More than 350 residential buildings and over 90 non-residential buildings have demonstrated that energy-saving construction methods can significantly reduce the energy requirement. A total of 6,300 residential units with about 350,000 m ² of floorspace were optimised for energy efficiency in the…
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Grant schemes of the renewable energy sources and energy conservation fund
The purpose of the Fund is to provide financial incentives in the form of state grants or subsidy to promote renewable energy sources and energy saving.
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GB 21454-2021 standard on minimum allowable values of the energy efficiency and energy efficiency grades for multi-connected air-condition (heat pump) units
The standard sets updated minimum energy performance standards for central air conditioning, with revised grades comparable to Japan or US standards.In January 2024, the National Development and Reform Commission (NDRC) revised the MEPS, expanding their coverage and setting higher 'Energy Saving' and 'Advanced' levels of equipment across 43 products, 8 of which are cooling products.
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2024 Investment Programs and Projects (PPI) - Energy efficiency
In the framework of its Investment Programs and Projects (IPP), the Mexican government is allocating specific funding to contribute to an efficient consumption of electric energy in the Electricity Federal Commission (CFE) buildings and production processes, through energy saving projects.
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Guiding Opinions on Energy-related Work in 2017
…energy production target is about 3.67 billion tons of standard coal, including around 3.65 billion tons of coal production, about 200 million tons of crude oil production and 170 billion cubic meters of natural gas production (including about 10 billion cubic meters of shale gas production).
3. Energy efficiency: energy consumption per unit GDP should fall by more than 5.0% compared to 2016, while average coal consumption of coal-fired power plants should be at 314 grams of standard coal / kWh, which is a 1-gram decrease compared to 2016. Meanwhile, 60 million kilowatts of energy-saving… -
Ten-Year Energy Technology Development Plan
The main goal of our Ten-Year Energy Technology Development Plan is to reduce greenhouse gas emission while stimulating the growth of eco-friendly environment. To accomplish this goal, Korea Institute of Energy Technology Evaluation and Planning (KETEP) have proposed Green Energy Strategy Roadmap in 2011 to set specific guidelines for major 15 technical fields. The Roadmap supports energy industry and facilitates establishment of new businesses. The selected fifteen technical groups are: PV, green car, nuclear power, wind power, bio fuel, IGCC, clean fuel, CCS, clean-thermal power, smart-grid, energy storage, energy saving building, high-efficient new-light source…
