New regime on electricity producers from RES/CHP stations foresees further investments in Greek energy market

Legal Tags: Energy

In early August 2016, Greek Parliament passed Law No. 4414 on the "New support scheme for electricity producers of Renewable Energy  Sources (RES) and Combined Heat and Power High Performance (CHP) stations - Provisions for legal and functional separation of supply and distribution industries in the market of natural gas and other provisions "(Gov. A'139 / 09.08.2016), which regulates highly important issues for the Greek energy market as regards the electricity stations generating power from RES and CHP.

The new regime falls within the broader ambit of the EU common policy towards tackling climate change and in particular towards achieving the target of a 20 percent share of RES in the growth domestic energy consumption of the energy mix. In the context...

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