The president of the National Electricity Administration (ANDE). Félix Sosa, ssure that the body he heads is working on the regulation of the law that. Regulates the generation of energy from non-conventional renewable energy sources.
Law No. 6977 „regulating the promotion, generation, production. Development and use of electrical energy from non-conventional non-hydraulic renewable energy sources. Was promulgate in January of this year, with the remaining task of setting its regulation.
The regulation of the law for renewable energies is rushe in Paraguay
In a statement, ANDE explains that the World Bank is executing technical cooperation through the Clerk consultancy. The aim of analyzing the aforementione Law. With special emphasis on regulatory and implementation challenges, the expecte products being the Diagnosis of the Law and the road map for its implementation”, as state.
Among the consultant’s proposals, the experiences of Uruguay in the implementation of equivalent legislation have been provide.
The regulation of the law for renewable energies is rushe in Paraguay
One of the most central points of the regulation will surely be the one referring to incentives, with respect to which article 35 specifies that „individuals and legal entities producing or destined for the manufacture, implementation and use of energy from energy sources Renewables will enjoy a special regime of tax incentives both in the assets and in the capital that is invested for the construction of equipment and new works destined to the production of electrical energy”.
The regulation of the law for renewable energies is rushed in Paraguay
Said regime has been established in 5 years, and it is made explicit that „to benefit from these incentives, the application authority will establish in the regulations the minimum investment limits as established according to the nature of the minor, medium or major energy production non-conventional non-hydraulic renewable”.
It should be noted that the Law establishes for all non-conventional renewable technologies some type of limit to access incentives, with the exception of photovoltaic, which is assumed to be „of any type and of any power level”.
