Factsheet: Renewable Energy Act

Renewable Energy Act

Key Information
Full name of Instrument & Measure (English): 
Renewable Energy Act
Description: 
The Renewable Energy Act outlines - by use of renewable energy sources for the generation of electric energy - the renewable portfolio goals, permitting for renewable projects, regulatory authority, net metering system regulations, purchase price regulations, and renewable energy designated area regulations.
Goal/Aim: 
Increase the share of renewable energy in electricity production. Support renewable energy projects.

Sector/Topic targeted:

Status:

Trade Relevance: 
Policies stimulating domestic use of biomass => availability for export
Year Instrument & Measure Started: 
2004
Year Last Instrument & Measure was last Amended: 
2012