Law on the Use of Renewable Energy Sources in the Production of Electricity

July 30, 2021by admin0
On July 12, 2021 the Law of the Republic of Azerbaijan on the Use of Renewable Energy Sources in the Production of Electricity (the “Law”) entered into force. This Law establishes the legal, economic and organizational basis for the use of renewable energy sources in the production of electricity, as well as support mechanisms to promote the production of electricity from renewable energy sources and regulates relations in this area.
The law creates basis for the government support for the use of renewable energy sources in the production of electricity. Thus, the following support mechanisms are applied for the purposes of this Law in the field of use of renewable energy sources in electricity generation:

  • supporting the production of electricity in the territory of renewable energy sources through the application of guaranteed tariffs and other means;
  • active consumer support;
  • support for scientific research;
  • mechanisms provided for in the Tax Code of the Republic of Azerbaijan and the Law of the Republic of Azerbaijan on Customs Tariffs.

The law also means the establishment of atlas of the renewable energy sources which defines the territories with renewable energy potential. Design, construction and installation of new power plants are highly supported in such territories. The producer of the power plant is obliged to use advanced technology in the use of renewable energy sources in production of electricity. This law will promote the production of electricity from renewable energy sources and will help such sources to be more accessible for consumers. 

This article was prepared as general information by the attorneys of Baku Attorneys & Consultants (BAC), Azerbaijani law firm. BAC is a full service law firm based in Baku and it has a strong team of highly experienced attorneys and consultants, specialized in rendering various expert services to foreign and local clients in Azerbaijan. Please, feel free to reach us via www.batco.az to further discuss your case.

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+994 55 204 89 49
OUR LOCATIONSWhere to find us
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Baku: +994 55 204 89 49
GET IN TOUCHBAC Social links

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Copyright by BAC. All rights reserved.