Resolution 370 regulating the subsidies for power transmission lines to facilitate access to the grid for renewable energy installations

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CCLW

CCLW national policies

Law passed

The regulation aims to contribute to reaching a 20% target of installed power generation capacity by 2020. It establishes a subsidy for power lines granting access to the grid to renewable energy installations in the event that the demand is lower than expected, reducing the investment risks. The agent applying for the subsidy shall be facilitating access to the grid to at least three renewable energy installations. The subsidy is capped at USD700, 000 and applies between the sixth and the tenth year of exploitation of the power line.