Renewable Energy Act

The Renewable Energy Act encourages the development of the renewable energy sector and of the institutional framework to accompany such developments. "Regenerative energy" is defined here as renewable sources including solar, wind, geothermal, biomass and marine.
 
 The Act encourages State's investments in the sector to reduce costs and improve efficiency, and charges the National Planning Agency, the Central Science and Technology Administrative Guidance organ, other organisations and enterprises to establish a prospective development and utilisation plan of renewable energy. The plan will be divided between production according to funding sources and use by different actors.
 
 The Act also seeks an increase use of renewable energy and missions the Central Science and Technology Administrative Guidance organ to develop targets accordingly.