Law No. 20.257 on Non-Conventional Renewable Energies

The law mandates that a certain percentage of power sold by electricity companies operating in systems with an installed capacity greater than 200MW come from NCREs. It is applicable only to new projects implemented by electricity companies that remove energy from power grids by selling it to distributors or end users. The following targets have been adopted:From 2010 to 2014, all energy contracts signed on or after 2007 shall be required to supply at least 5% of their energy from non-conventional renewable sourcesAs of 2015, this percentage will increase by 0.5% per year until reaching 10% in 2024This gradual increase will be applied in the following way: 5.5% of all energy removed from the system shall be subject to this mandate in 2015, 6% in 2016, and so on, until reaching the goal of 10% by 2024