Prime Minister Decree No.1947 of 2014 on Feed-in Tariffs.
Country
Type of law
Regulation
Abstract
This Decree consisting of 3 articles aims at setting out the feed-in tariffs (FiT) for power produced from renewable sources when purchased by the Egyptian Electricity Transmission Co. (EETC) or distribution companies. The Decree establishes that (i) the feed-in tariffs shall be subject to revision after two years of their issuance, or upon reaching the maximum targeted production capacities; and (ii) the tariff shall be contractually fixed for 25 years for solar projects and for 20 years for wind projects. The Annexes show, respectively, prices to buy electricity produced by solar and wind stations.
Attached files
Web site
Date of text
Entry into force notes
This Decree enters into force on the date of its publication in the Official Gazette.
Repealed
No
Source language
English
Legislation Amendment
No