Law on Renewable Energy Sources and Highly Efficient Cogeneration

The purpose of this law is to create a regulatory framework to promote the production of electricity from renewable energy sources and high efficiency co-generation, and to create incentives for consuming energy from renewable sources. It creates a support system for renewable energy production facilities in the form of a market premium and a guaranteed purchase price for installations smaller than 30 kW. The law outlines the process of public procurement in which renewable energy projects must participate to qualify for government support.