New Albanian Law on Renewables accommodates concerns by RES producers, by ECS, 03 Feb 2017AEI Updates 2016
Posted by Adv. Lorenc Gordani, PhD Fri, February 03, 2017 11:01:13
Yesterday the Parliament of Albania passed the Law on Promotion of the Use of Energy from Renewable Sources. The draft law was challenged by the operators of small hydropower plants in the country, as it changes the regulatory regime and support scheme hitherto applicable. This was the culmination of a long-standing dispute with the Government.
The Secretariat’s Dispute Resolution and Negotiation Centre facilitated the negotiations between the producers and the Albanian government and parliamentary committee. A compromise solution was found in December 2016, which served as a basis for a special provision now incorporated within the new law. Part of the compromise is that the Secretariat will be involved in the setting of the methodology for the calculation of the support scheme applicable to existing producers.
“The Secretariat emphasises the importance of the adoption of a final solution that is acceptable to all stakeholders involved. We hope that the compromise found will positively affect legal certainty and improve both compliance with the acquis and investor confidence,” said Deputy Director Dirk Buschle.
The Secretariat will now verify the adopted law’s compliance with the Energy Community acquis.
For more on above, we invite you to discover through the Official Website of Acerc, ESC Adriatic or to keep updated through the Albanian Energy Market - AEM Group and Personal Publications in LinkedIn.
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