TURKEY’S NEW ENERGY REGS

Turkey Promulgates Renewable Energy Regulations
September 28, 2011 (Chadbourne and Parke LLC)

"Turkey's Ministry of Energy and Natural Sources and Energy Market Regulatory Authority ("EMRA") promulgated four anticipated regulations implementing the recent amendments to the Law on Utilization of Renewable Energy Resources for the Purpose of Generating Electrical Energy (as so amended, the "Renewable Energy Law")…[the] Regulation on Certification and Support of Renewable Energy Sources…[the] Regulation on Electricity Generation Without a License…[the] Regulation on Domestic Manufacturing of Components used in Renewable Energy Electricity Generation Facilities…[and the] Regulation on Solar Electricity Generation Facilities…"

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"The Regulation on Renewable Energy Support Mechanism and the Regulation on License-Exempt Generation provide significant regulatory guidance on the implementation of the Renewable Energy Law. In addition, the domestic component price incentives are generally viewed as an important development that could bolster the Turkish renewable energy components sector. On the other hand, the regulations on solar plants are viewed as having somewhat more limited impact due to the strict cap on the portion of installed capacity that can be connected to the grid prior to December 31, 2013…"