Policy on the Development of New and Renewable Energy (resolution 62/2009)

Builds upon the New Policy for Energy and serves as a framework for the promotion and development of renewable energy. Outlines definitions for types of renewable generation sources including: biomass, bioenergy, biofuels, thermal energy, hydroelectric power, wind energy, ocean energy and geothermal energy.


Provides a current assessment of the status of the renewable energy mix. Outlines principles to consider when expanding renewable generation, including costs associated with various energy options, a comprehensive framework of incentives for development, and the creation of an investment priority plan that lays prioritises investments in least cost renewable sources. Additionally, recognises that energy efficiency investments may be cheaper than investment in additional energy capacity.


Recommends the development and establishment of a National Plan for New and Renewable Energy. This Strategy was, ultimately, adopted in 2011.