Lithuania : amendments to the Law on Renewable Energy Resources (LRES).

6/11/20130 comentarii

The amendments to the LRES that came into force on 1st Feb 2013 and a separate law on their implementation have been proposed and adopted are:

- electricity generated in solar plant not exceeding 10kW will go to the auction process.
- fixed tariff for plants exceeding 10kW
- fixed a targhet of 10MW for new instalations
- ariffs will be granted and fixed only at the moment of receipt of the permit to ‘Produce electricity for 12 years
- tariff shall now be revised quarterly, while previously revision was annual
- a special procedure for compensation was also established for persons how have the agrement before February with investion 50% already make.

This new regulations in Lithuania want to help the country to develop green energy.

Frimu Ghinea
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