Act No. 39 on electricity certificates.

The purpose of this Act is to to contribute to increased production of electrical energy from renewable energy sources. The Act has 32 Sections divided into the following Chapter: 1. Introductory provisions; 2. Issuance of electricity certificates; 3. The electricity certificates registry and sales of electricity certificates; 4. Mandatory electrify certificate; 5. Various provisions; 6. Entry into force, transitional provisions and amendments.
To be eligible for receiving an electricity certificate, the production facility shall: a) Produce energy from renewable sources listed in Section 7; b) Be approved in accordance with Section 8; and c) Meet the requirements for measurement and reporting under Section 9. Renewable energy sources listed in Section 7 include hydropower, wind power, solar energy, ocean energy, geothermal energy, and bioenergy. The Ministry of Petroleum and Energy shall be the authority responsible for supervising this Act.