Utilization of Renewable Energy Resources for Generating Electricity
Turkey: Law on Utilization of Renewable Energy Resources for the Purpose of Generating Electrical Energy - No. 5346
The purpose of this law is to expand the utilization of renewable energy resources for generating electrical energy, to benefit from these resources in a secure, economic and qualified manner, to increase the diversification of energy resources, to reduce greenhouse gas emissions, to assess waste products, to protect the environment and to develop the related manufacturing sector realize these objectives.
The electrical energy generated from the renewable energy resources in the scope of this law shall be purchased by the legal entities holding retail sale license on the basis of bilateral agreements. Within the framework of prepared projection by the Ministry, the relevant information on amount of RES certified electrical energy, which shall utilize the implementations in the scope of this law, shall be issued by EMRA annually. Each legal entity holding a retail sale license shall be entitled to purchase RES certified electrical energy in an amount declared by EMRA considering the proportion of the energy he has sold within the previous calendar year to the total electrical energy amount which all legal entities holding retail sale licenses offered for sale in Turkey. In case the total electrical energy amount with RES certificate is sufficient, the legal entities holding retail sale licenses shall be entitled to purchase RES certified electrical energy not lower than eight per cent of the electrical energy they have sold in the previous calendar year. Until the end of 2011, the applicable price for the electrical energy to be purchased in pursuance with this law within each calendar year shall be the Turkish average wholesale electricity price in the previous year determined by EMRA. The Council of Ministers is entitled to raise this price up to 20 % at the beginning of each year.
Date Implemented: 2005
Status: In Force; Framework Policy
References: International Energy Agency
Delicious
StumbleUpon
Reddit
Magnoliacom
Facebook