We use cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy. Learn more here.Close Me
The Czech Energy Regulatory Office sets, in its Price Decree
7/2011, the feed in tariff and green bonuses for electricity
generated from renewable resources in 2012.
The prices for electricity generated by the new
renewable facilities in 2012 have decreased in comparison to 2011
(with the exception of the tariffs for hydro-generated electricity
which have slightly increased). The prices for electricity produced
in existing renewable facilities (put into operation prior to 2012)
will rise by 2 percent.
The following feed in tariff / green bonuses (in
CZK/MWh, without VAT) will be applicable for electricity from
renewable resources (from new facilities put into operation in
2012):
Small hydroelectric power stations – 3,190 /
2,140;
Electricity generation by burning biomass – 4,580 /
3,530;
Electricity generation by burning biogas with effective use of
generated heat – 4,120 / 3,070;
Electricity generation by burning biogas without effective use
of generated heat – 3,550 / 2,500;
Electricity generation from landfill gas – 2,580 /
1,530;
Electricity generation using wing energy – 2,230 /
1,790;
Electricity generation using geothermal energy –
4,500 / 3,450;
Electricity generation using solar radiation in plants with
output up to 30kW – 6,160 / 5,080.
The full wording of the Price Decree 7/2011 is
available here.
(If you have any problems opening or printing the pdf file above,
please click
here for help).
Pursuant to the current Act on the Promotion of Use of Renewable
Resources the feed in tariff shall ensure return of investment in
renewable facilities within 15 years.
Please note that the approval procedure for the new
law on renewable energy sources (Act on Supported Energy Sources)
has not yet been completed. The new Act should become effective
from 1 January 2013.
This article was written for Law-Now, CMS Cameron
McKenna's free online information service. To register for
Law-Now, please go to www.law-now.com/law-now/mondaq
Law-Now information is for general purposes and guidance
only. The information and opinions expressed in all Law-Now
articles are not necessarily comprehensive and do not purport to
give professional or legal advice. All Law-Now information relates
to circumstances prevailing at the date of its original publication
and may not have been updated to reflect subsequent
developments.
The original publication date for this article was
06/12/2011.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
In our last Alert, we assessed the philosophy of the NEC Engineering and Construction Contract against the FIDIC Conditions of Contract for EPC/Turnkey Projects.
The new Electricity Market Law No. 6446 entered into force on March 30, 2013, with the objectives of developing a transparent and competitive electricity market, achieving stability of supply, and ensuring good quality, low cost and environmentally friendly electricity.
The CRC Energy Efficiency Scheme Order 2013 will soon replace in its entirety the 2010 Order for the operation of the now much criticised CRC Energy Efficiency Scheme.
The CRC Energy Efficiency Scheme Order 2013 will soon replace in its entirety the 2010 Order for the operation of the now much criticised CRC Energy Efficiency Scheme.
The Cypriot Government initially planned to schedule a deadline for bids for oil and gas tenders for April 2013, but is now extending the deadline for an undisclosed period of time
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”
