Indonesia update: Tariff framework for renewable energy
|
|
- Katrina Park
- 6 years ago
- Views:
Transcription
1 September 2017 Indonesia update: Tariff framework for renewable energy In brief On 7 August 2017, the Ministry of Energy and Mineral Resources of the Republic of Indonesia ( MEMR ) enacted Regulation No. 50 of 2017 ( Regulation 50/2017 ) governing the tariff framework applicable for renewable energy projects in Indonesia. Regulation 50/2017, which took effect on 8 August 2017, revokes the previous MEMR Regulations No. 12 of 2017 ( Regulation 12/2017 ) and No. 43 of Key terms of the new regulation We set out the key differences between the regulations and discuss the main issues under Regulation 50/ Scope of application Regulation 50/2017 sets out the applicable tariff framework for the following types of renewable energy: (a) solar photovoltaics (PV); Contents In brief... 1 Key terms of the new regulation Scope of application Tariff framework Price escalation Methods of procurement Grandfathering Conflicts with other regulations <10MW plant must run Approval by Minister... 5 (b) wind; (c) hydro; (d) biomass; (e) biogas; (f) municipal solid waste; (g) geothermal; and (h) wave and tidal. This scope of application is wider than Regulation 12/2017 which did not capture wave and tidal energy projects. Indonesia update: Tariff framework for renewable energy 1
2 2. Tariff framework As with Regulation 12/2017, Regulation 50/2017 utilises the average electricity generation base cost (excluding electricity distribution cost) (Biaya Pokok Penyediaan Pembangkitan, BPP ) as a point of reference in determining the applicable tariff. The local grid BPP is referred to as and the national BPP is referred to as and the applicable tariff framework for each type of renewable energy project will depend on whether the is less than, equal to or greater than. Appendix 1 sets out the tariff framework and method of procurement for each type of renewable energy under the different regulations. MEMR has issued a regulation on the mechanism for setting PLN s BPP for particular procurement, both locally and nationally. The BPP will be set annually by MEMR on the basis of a proposal from PLN which references the BPP from the previous year (i.e. the BPP for 2016 will be applied for procurement from April 2017 to March 2018). This regulation does not set out a formula or components for calculating the BPP it merely stipulates numbers and there is no BPP for particular energy sources. This means renewables energy needs to compete with other cheaper electricity sources, such as coal, because pricing will be linked to the BPP which includes all energy sources, rather than having a specific feed-in tariff for renewable energy. MEMR has separately set the actual BPP of PLN for 2016, which is valid from 1 April 2017 until 30 March 2018, that will be used as the reference in procurement documents during that period. The national BPP is set at USc7.39/kWh, and there are separate local BPP for different regions in Indonesia. If there is any region that does not have a BPP, then the BPP will refer to the highest BPP stipulated in the Minister s decision. BPP figures are denominated in USD and IDR which leaves open the possibility to denominate the tariff in the PPA in USD, albeit that the payment would need to be cleared in IDR. However, from our recent experience, PLN will often propose the tariff for renewables projects (particularly smaller scale renewables projects) be denominated in IDR. For recent large-scale power projects, PLN has accommodated sponsor and lender concerns on currency risk inherent in this arrangement by entering into a tripartite converting agreement with a local bank under which PLN will guarantee the USD amount on conversion back from IDR. However, we expect that PLN may be reluctant to offer this concession for the smaller-scale renewables developments, and accordingly residual currency risks will need to be assessed and managed carefully by the sponsors. > Regulation 50/2017 states that where exceeds, the maximum tariff shall be (solar, wind, biomass, biogas and wind & tidal) or 100% of (hydro, municipal solid waste and geothermal). This is generally consistent with the approach in Regulation 12/2017, although we refer you to Appendix 1 for a detailed comparison. Indonesia update: Tariff framework for renewable energy 2
3 Whilst the Government s desire to adopt a pricing structure for renewables that assists in reducing the existing average cost of generation (and in turn reducing the subsidy dependency of PLN) is laudable, it remains debatable as to whether benchmarking renewables against the cost of generation from other energy sources at a particular point in time is a legitimate comparison. In particular, this methodology, in comparing the cost of procuring renewables generation against (for example) the cost of procuring coal-fired power generation at a point in time, arguably does not take proper account of either fluctuations in fossil fuel prices (which are passed through to PLN and included in the cost of generation) over time or indirect environmental costs of continued reliance on fossil fuels in the fuel mix. A key change introduced by Regulation 50/2017 relates to the situation where is less than or equal to. In this case, the tariff applicable (for all types of renewable energy project as governed by Regulation 50/2017) shall be as agreed by the developer and PLN. The regulation does not stipulate a maximum limit which means that the developers will be free to negotiate with PLN a price that is above price based on the economics and forecast of the project. Whilst this new feature of Regulation 50/2017 is clearly a positive in providing greater flexibility in this case, it should be recognised that as a practical matter PLN is likely to remain focused on reducing its average cost of generation. 3. Price escalation Both Regulation 12/2017 and Regulation 50/2017 are silent on whether the tariff may be subject to escalation in the future. However, escalation is governed by other regulations specific to each type of renewal energy project. Since Regulation 50/2017 states that existing regulations shall remain in force and effect provided that it does not conflict with this regulation, we will have to look to existing regulations to determine whether or not price escalation is permitted. 4. Methods of procurement There were three different methods of procurement applicable to the different renewable energy projects in Regulation 12/2017: (1) tender process based on capacity quotas (for solar PV and wind), (2) reference price (hydro, biomass 10MW, biogas 10MW, municipal solid waste and geothermal) and (3) direct selection (hydro, biomass >10MW and biogas >10MW). Regulation 12/2017 did not provide details of how the different methods of procurement were to be implemented. Regulation 50/2017 only stipulates the direct selection method (solar PV, wind, hydro, biomass, biogas and wave & tidal) or otherwise states that procurement is to be made in accordance with laws and regulations (municipal solid waste and geothermal). The regulation does not provide details of what is involved in a direct selection process, although it does state that PLN must prepare and publish technical guidelines on the implementation of direct selection method Indonesia update: Tariff framework for renewable energy 3
4 of procurement. Typically, a direct selection process in the power sector involves a competitive tender process involving a minimum of two bidders. 5. Consistent with the new MEMR Regulation No. 49 of 2017 which sets out the basic provisions to feature in PPAs, Regulation 50/2017 requires the PPAs (except in relation to municipal solid waste) to be entered into pursuant to a Build, Own, Operate and Transfer ( BOOT ) scheme. This means that that upon the expiry of the PPA, the project must be transferred to PLN for a nominal amount. Whilst the is common for most power projects, some hydro and geothermal projects operate on the build, own and operate ( BOO ) scheme. The BOO scheme allows for the developer to retain ownership of the project and seek for an extension in the PPA if the power plant is still operating. A mandatory means that the developer will not be able to seek for an extension under the PPA (which is subject to the maximum term of 30 years in any case) and take advantage of the remaining design life of the power plant once the PPA expires. 6. Grandfathering The pricing regime under this Regulation 50/2017 will not apply where: developers have signed a PPA with PLN prior to the regulation coming into effect - in such cases the pricing regime under the signed PPA will apply; developers have been awarded with the geothermal concession but have not signed a PPA with PLN or any SOE has been assigned as a geothermal developer - in such cases the tariff used in the bid by such developer and the previous regulations will apply; holders of the geothermal concession have signed a sale and purchase agreement for steam or a PPA which is in the process of verification by the financial and development supervision agency - in such cases the previous regulations will apply; and developers have obtained tariff approval from the MEMR under Regulation 12/2017 however have not signed a PPA with PLN in such cases the developer shall comply with the tariff as determined under the previous Regulation 12/2017. However, similar to Regulation 12/2017, shall have the right to elect to follow the pricing regime under Regulation 50/2017. The pricing regime under Regulation 50/2017 will however apply to developers who have been designated as project developers for a hydro, biomass, biogas or municipal waste power project but have not entered into a PPA with PLN. Any tender process for capacity quota conducted prior to this new regulation becoming effective must also comply with the price regime under Regulation 50/2017. Indonesia update: Tariff framework for renewable energy 4
5 7. Conflicts with other regulations As mentioned above, existing regulations shall remain in force and effect provided that they do not conflict with this new regulation. Regulation 50/2017 does specifically note that Regulation 12/2017 is revoked. 8. <10MW plant must run Consistent with Regulation 12/2017, Regulation 50/2017 states that projects with a capacity of less than 10MW must run which means that PLN must purchase all the power produced by such project. This continues to be seen as a positive outcome in the market as previous regulations have been criticised for their lack of clarity surrounding small scale renewable energy projects. 9. Approval by Minister Regulation 50/2017 states that the tariff for the purchase of electricity from renewable energy projects as listed in the regulation must be approved by the Minister. Indonesia update: Tariff framework for renewable energy 5
6 Appendix 1 Renewable energy Method procurement of > Regulation No. 12/2017 Regulation No. 50/2017 Tariff Additional Method of procurement > Tariff Additional Solar PV Tender process based on capacity quotas Minimum total package of 15MW Direct selection Wind Tender process based on capacity quotas Minimum total package of 15MW Direct selection Hydro Reference Price Direct selection Determined in direct selection process 10MW plant must operate with minimum capacity factor of 65% >10MW plant will have capacity factor depending on system Direct selection 10MW plant must operate with minimum capacity factor of 65% >10MW plant will have capacity factor depending on system Biomass 10MW plant Reference Price >10MW plant Direct selection Determined in direct selection process Developers must have sufficient fuel supply source for continuity of operations during the PPA period Direct selection Developers must have sufficient fuel supply source for continuity of operations during the PPA period Indonesia update: Tariff framework for renewable energy 6
7 Renewable energy Method procurement of Biogas 10MW plant Reference Price >10MW plant Direct selection > Regulation No. 12/2017 Regulation No. 50/2017 Tariff Determined in direct selection process Additional Developers must have sufficient fuel supply source for continuity of operations during the PPA period Method of procurement > Direct selection Tariff Additional Developers must have sufficient fuel supply source for continuity of operations during the PPA period Municipal Solid Waste Reference price (including Sumatra, Java and Bali) By agreement of the parties N/A although note that developers may be granted incentives in accordance with applicable regulations In accordance with laws and regulations (including Sumatra, Java and Bali) By agreement of the parties N/A although note that developers may be granted incentives in accordance with applicable regulations Geothermal Reference price (including Sumatra, Java and Bali) By agreement of the parties PLN may only purchase electricity where there is proven reserve following exploration In accordance with laws and regulations (including Sumatra, Java and Bali) By agreement of the parties PLN may only purchase electricity where there is proven reserve following exploration Wave & tidal N/A N/A N/A N/A Direct selection Indonesia update: Tariff framework for renewable energy 7
8 Contacts For further information please contact: Widyawan Senior Partner (+62) David Holme Senior Foreign Legal Adviser (+62) Made Satwika Counsel (+62) Melitta Adhiwidjaja Associate (+65) com Singapore Authors: David Holme, Made I. Satwika, Melitta Adhiwidjaja This publication is intended merely to highlight issues and not to be comprehensive, nor to provide legal advice. Should you have any questions on issues reported here or on other areas of law, please contact one of your regular contacts, or contact the editors. Linklaters Singapore Pte. Ltd.. All Rights reserved 2017 Widyawan & Partners is a partnership formed under the laws of the Republic of Indonesia. It has an association with the international law firms Linklaters LLP and Allens. Linklaters is the business name for the international legal practice carried on by Linklaters LLP and its affiliated firms and entities. Linklaters LLP is a limited liability partnership registered in England and Wales with registered number OC It is a law firm authorised and regulated by the Solicitors Regulation Authority. The term partner in relation to Linklaters LLP is used to refer to a member of the Linklaters LLP or an employee or consultant of Linklaters LLP or any of its affiliated firms or entities with equivalent standing and qualifications. A list of the names of the members of Linklaters LLP and of the non-members who are designated as partners and their professional qualifications is open to inspection at its registered office, One Silk Street, London EC2Y 8HQ, England or on This document contains confidential and proprietary information. It is provided on condition that its contents are kept confidential and are not disclosed to any third party without the prior written consent of Linklaters. Please refer to for important information on our regulatory position. Linklaters Singapore Pte. Ltd. (Company Registration No C) is a qualifying foreign law practice, incorporated with limited liability in Singapore. Linklaters Singapore Pte. Ltd. We currently hold your contact details, which we use to send you newsletters such as this and for other marketing and business communications. We use your contact details for our own internal purposes only. This information is available to our offices worldwide and to those of our associated firms. If any of your details are incorrect or have recently changed, or if you no longer wish to receive this newsletter or other marketing communications, please let us know by ing us at marketing.database@linklaters.com. One George Street #17-01 Singapore Telephone (+65) Facsimile (+65) linklaters.com Indonesia The Energy, 9th Floor Jl. Jenderal Sudirman Kav Jakarta 12190, Indonesia Telephone (+62) Facsimile (+62) widyawanpartners.com Indonesia update: Tariff framework for renewable energy 8
INDONESIA S NEW DEVELOPMENT IN POWER AND RENEWABLE ENERGY SECTORS by Hapsari Arumdati
INDONESIA S NEW DEVELOPMENT IN POWER AND RENEWABLE ENERGY SECTORS by Hapsari Arumdati Introduction Indonesian power sector is one of the business sectors in Indonesia which is strictly regulated. For the
More informationSingapore s regulatory sandbox new consultation
June 2016 Singapore s regulatory sandbox new consultation Summary On 6 June 2016, the Monetary Authority of Singapore ( MAS ) issued a new consultation paper (the CP ) setting out proposed new guidelines
More informationCorporate governance and remuneration aspects of CRD 4.
8 July 2013 Corporate governance and remuneration aspects of CRD 4. New EU rules on capital adequacy for banks and financial institutions are accompanied by new corporate governance and remuneration rules.
More informationHKMA issues guidance on Management Accountability at Registered Institutions
November 2017 HKMA issues guidance on Management Accountability at Registered Institutions On 16 October 2017, the Hong Kong Monetary Authority ( HKMA ) issued a Circular, a set of Frequently Asked Questions
More informationEuropean proposals to increase number of women on boards
November 2012 European proposals to increase number of women on boards Impact for Dutch companies. The Commission s proposals The European Commission has announced its proposals for improving gender balance
More informationInsights and Commentary from Dentons
Insights and Commentary from Dentons The combination of Dentons and Hanafiah Ponggawa & Partners (Indonesia) offers our clients access to 9000+ lawyers in 167 locations and 73 countries around the world.
More informationThe Amendment of the Anti-Unfair Competition Law of the People s Republic of China New definition on commercial bribery
December 2017 The Amendment of the Anti-Unfair Competition Law of the People s Republic of China New definition on commercial bribery On 14 November 2017, the Standing Committee of the National People
More informationNew regulation for biomass and biogas power projects in Indonesia
New regulation for biomass and biogas power projects in Indonesia (MEMR Regulation 21 of 2016) Speed read Shortly after the issuance of a new regulation for the development of solar power projects in Indonesia,
More informationPLN appointing renewable energy developers for direct selection panel. January 2018 Joseph Kim, Sean Conaty and Robin Musch
PLN appointing renewable energy developers for direct selection panel January 2018 Joseph Kim, Sean Conaty and Robin Musch 3 Overview PLN is currently in the process of appointing developers to a newly
More informationFairness Agenda: Comparison of employee, worker and self-employed status and rights
Fairness Agenda: Comparison of employee, worker and self-employed status and rights Employment status is increasingly topical with the rise of the gig economy and greater numbers of self-employed workers
More informationDRAFT. Renewable Energy Sources
Renewable Energy Sources Financial parameters of auctions for renewable energy sources Legal Alert April 2017 On 3 April 2017 two regulations were published in the Journal of Laws which set out the financial
More informationSOLAR PV PROMOTION PROGRAM IN INDONESIA
SOLAR PV PROMOTION PROGRAM IN INDONESIA Presented by: M. Sjachdirin Head of Sub Directorat of Technical and Environment al Various New Energi and Renewable Energy DIRECTORATE GENERAL OF NEW RENEWABLE ENERGY
More informationFEED-IN TARIFF FOR INDONESIA S GEOTHERMAL DEVELOPMENT
FEED-IN TARIFF FOR INDONESIA S GEOTHERMAL DEVELOPMENT DR. Ir. Madjedi Hasan, MPE & Ir. Anton Wahjosoedibjo PT Pranata Energi Nusantara (PENConsulting) PRESENTATION OVERVIEW Overview of Indonesia s Geothermal
More informationA New White Paper on Energy and Climate Change: Cunning plan or recycled paper?
A New White Paper on Energy and Climate Change: Cunning plan or recycled paper? So now we have it. On Sunday Ed Miliband was on BBC television, agreeing with the Prince of Wales assessment that we have
More informationTECHNICAL ASSISTANCE RELATED TO THE SUSTAINABLE AND INCLUSIVE ENERGY PROGRAM, SUBPROGRAM 2
Sustainable and Inclusive Energy Program (Subprogram 2) (RRP INO 49043-002) TECHNICAL ASSISTANCE RELATED TO THE SUSTAINABLE AND INCLUSIVE ENERGY PROGRAM, SUBPROGRAM 2 Pillar 1: Fiscal sustainability and
More informationRenewable energy: Investing in Africa
1. Who is responsible for energy policy? 2. To what extent have generation, transmission and distribution activities been unbundled? The Ministry of Energy & Minerals (MEM) has primary responsibility for
More informationRisk Identification and Mitigation for Small Scale Renewable Energy Power Projects in Indonesia
Risk Identification and Mitigation for Small Scale Renewable Energy Power Projects in Indonesia Prepared by: Bill Meade Director, Tetra Tech (USA) CLEAN POWER ASIA 29-30 April 2013 Bangkok, Thailand Presentation
More informationRenewable energy: Investing in Africa
1. Who is responsible for energy policy? 2. To what extent have generation, transmission and distribution activities been unbundled? 3. Who owns and operates the (grid-connected) generation, transmission
More informationGoI s Policy on Renewable Energy Development
Coordinating Ministry for Economic Affairs Republic of Indonesia GoI s Policy on Renewable Energy Development October 24, 2017 Coordinating Ministry for Economic Affairs 1 Outline 1. Renewable Energy General
More informationGreen Investments Summit Indonesia 2010
Green Investments Summit Indonesia 2010 Jakarta, 12 15 July 2010 Renewable Energy Investment Strategies and Risk Assessment Dr. Johan Bastin, CEO CapAsia Presentation Structure 1. Introduction CapAsia
More informationTable Geothermal Potential in Indonesia, as of April 2016
2. Indonesia 2.1 Current situation of geothermal energy use and national policy By 2015, Indonesia had an installed capacity of 1,438.5 MW from 11 geothermal fields: Kamojang, Darajat, Wayang Windu, Patuha,
More informationPREPARING A NEW ERA OF THE MINING LICENSE a brief legal update on the implementation of the tender system
PREPARING A NEW ERA OF THE MINING LICENSE a brief legal update on the implementation of the tender system Presented by Eva Armila Djauhari for Mining in a Day, on 20 April 2017 Dharmawangsa Hotel, Jakarta,
More informationRegulatory frameworks and reforms to spur renewable energy investment. Chris Stephens, Senior Manager Asia June 2016
Regulatory frameworks and reforms to spur renewable energy investment Chris Stephens, Senior Manager Asia June 2016 We help our clients benefit from the opportunities of sustainable, green growth ADVICE
More informationDelivery of PPPs in Southeast Asia
Critical Success Factors in the Delivery of PPPs in Southeast Asia CARL WATSON Registered Foreign Lawyer (England & Wales) 16 November 2011 Pinsent Masons Who are we? PM is a full service international
More informationA MEANDERING PATH ENERGY
A MEANDERING PATH Indonesia may have set itself ambitious targets when it comes to renewable energy, but the sector remains hampered by regulatory instability and a lack of adequate incentives Lawyers,
More informationRenewables in Vietnam OPPORTUNITIES FOR INVESTMENT
Renewables in Vietnam OPPORTUNITIES FOR INVESTMENT 1 Introduction The demand for electricity in Vietnam is rising rapidly to power the growing economy and forecasts predict an annual growth rate for electricity
More informationIndependence Freedom Happiness No: 11 /2017/QD-TTg Ha Noi, 11 th April 2017 DECISION. On the
PRIME MINISTER SOCIALIST REPUBLIC OF VIETNAM Independence Freedom Happiness No: 11 /2017/QD-TTg Ha Noi, 11 th April 2017 DECISION On the Support mechanisms for the Development of Solar Power Projects in
More informationRegulation and Development of New and Renewable Energy in Indonesia
Ministry of Energy and Mineral Resources Republic of Indonesia Regulation and Development of New and Renewable Energy in Indonesia Japan-Indonesia Business Forum for Energy Efficiency, Conservation and
More informationConstruction Webinar. A comparison of EPC and EPCM contracting and the key risk mitigation measures
Construction Webinar A comparison of EPC and EPCM contracting and the key risk mitigation measures 28 January 2016 Overview Different procurement methods Engineer, Procure and Construct (EPC) Engineering,
More informationPromoting Geothermal Energy Utilization in Indonesia Challenges and Opportunities
Promoting Geothermal Energy Utilization in Indonesia Challenges and Opportunities Dendy Kurniawan Finance Director PT Geo Dipa Energi April 2013 1 Geo Dipa Energi (GDE) PT GEO DIPA ENERGI Est. 5 July 2002
More informationIndonesia's Energy Transit: Struggle to Realize Renewable Potential
Indonesia's Energy Transit: Struggle to Realize Renewable Potential By Jeremy Wilcox, Contributor September 14, 2012 LONDON -- Indonesia's electricity market is moving from a monopoly fossil-fuel generation
More informationSOLAR PV IN INDONESIA TAKING ADVANTAGE OF THE NEW LANDSCAPE
SOLAR PV IN INDONESIA TAKING ADVANTAGE OF THE NEW LANDSCAPE Indonesia s Solar PV Landscape 23% renewable energy mix by 2025 Government targets of 5GW of solar; supported by the utility company commitment
More informationAFGHANISTAN EXECUTIVES EXAMINE STRATEGIES FOR CLEAN ENERGY INTEGRATION
AFGHANISTAN EXECUTIVES EXAMINE STRATEGIES FOR CLEAN ENERGY INTEGRATION EXECUTIVE EXCHANGE FOR DA AFGHANISTAN BRESHNA SHERKAT (DABS) & THE MINISTRY OF ENERGY & WATER (MEW) TO INDONESIA APRIL 2015 JAKARTA,
More informationOnline advertising: more antitrust enforcement to come
9 March 2018 Online advertising: more antitrust enforcement to come On 6 March 2018, the latest in a string of antitrust inquiries and probes into the online sector touched down in France, as the French
More informationSharing Malaysia s experience in development of Renewable Energy
Knowledge Partnership Dialogue Centre of Excellence for Clean Energy Jakarta 8 Oct 2015 Sharing Malaysia s experience in development of Renewable Energy SEDA Sustainable Energy Development Authority Set
More informationVietnam takes further steps to encourage solar energy
Legal Update May 2017 Vietnam takes further steps to encourage solar energy On 11 April 2017, the Prime Minister issued long-awaited regulations on solar energy in Decision No. 11/2017/QD-TTg (Decision
More informationCOORDINATING MINISTRY FOR ECONOMIC AFFAIRS REPUBLIC OF INDONESIA REGULATION STRATEGY TO IMPROVE DEVELOPMENT OF RENEWABLE ENERGY IN INDONESIA
COORDINATING MINISTRY FOR ECONOMIC AFFAIRS REPUBLIC OF INDONESIA REGULATION STRATEGY TO IMPROVE DEVELOPMENT OF RENEWABLE ENERGY IN INDONESIA OUTLINE 1. POLICY STRATEGY ON ENERGY SECTOR 2. REGULATION TO
More informationT H E P H I L I P P I N E S : K E Y I S S U E S F O R D E V E L O P I N G R E N E W A B L E E N E R G Y P R O J E C T S
B R I E F I N G T H E P H I L I P P I N E S : K E Y I S S U E S F O R D E V E L O P I N G R E N E W A B L E E N E R G Y P R O J E C T S A U G U S T 2 0 1 8 THE PHILIPPINES HAS TARGETED TO TRIPLE ITS RENEWABLE
More informationSECTOR OVERVIEW. Government of Indonesia, State Electricity Corporation (PLN). Electricity Power Supply Business Plan (RUPTL ). Jakarta.
Eastern Indonesia Renewable Energy Project (Phase 1) (RRP INO 51209) SECTOR OVERVIEW A. Sector Performance 1. Indonesia is the largest economy in Southeast Asia, with an estimated gross domestic product
More informationRenewable Energy Legal Survey: Can Turkey Hit the Targets?
233 Renewable Energy Legal Survey: Can Turkey Hit the Targets? by JONATHAN W. BLYTHE, NIHAN USLU & ipek TOSUN* ABSTRACT As a candidate to join the European Union, Turkey is still working to comply with
More informationManager, Sourcing Supply and Contracts, Grid Projects Approved By:
Procurement Policy ISSUE DETAILS Effective Date: 1 Policy Owner: Chief Executive Officer Written By: Manager, Sourcing Supply and Contracts, Grid Projects Approved By: Transpower Board of Directors Minute
More informationStreamlining and simplification of the administrative procedures for renewable energy projects
Renewable Energy Coordination Group 2 nd Meeting, Vienna 10-11 November 2016 Streamlining and simplification of the administrative procedures for renewable energy projects Biljana Trivanović Ministry of
More informationZAMBIA REFIT POLICY 2015 GENERAL OVERVIEW
ZAMBIA REFIT POLICY 2015 GENERAL OVERVIEW IES / SEE / Ea Pty Ltd 17 March 2014 Lusaka REFiT Status Work undertaken so far includes: Three Background Reports Interviews, meetings, data collection Workshops
More informationTerms of reference INDIVIDUAL CONSULTANT PROCUREMENT NOTICE
Terms of reference INDIVIDUAL CONSULTANT PROCUREMENT NOTICE Position: RE/EE Investment Specialist Closing date: 25 May 2014 GENERAL INFORMATION Title: RE/EE Investment Specialist Project Name : Market
More informationStaff Paper Determination/Fixation of generic levellised generation tariff for various Renewable Energy Technologies / Projects for the year
Staff Paper Determination/Fixation of generic levellised generation tariff for various Renewable Energy Technologies / Projects for the year 2015-16 1. The Punjab State Electricity Regulatory Commission
More informationSerbia. Renewable Energy Policy. Republic of Serbia Ministry of Mining and Energy Belgrade, December 2008.
Serbia Renewable Energy Policy Republic of Serbia Ministry of Mining and Energy Belgrade, December 2008. RES Technical Potential Serbia s endowment of renewable energy resources is substantial - realization
More informationRenewable Energy Investment Criteria
Renewable Energy Investment Criteria Dr. Johan Bastin CEO, CIMB Standard IBC Energy Conference on Renewable Energy Finance Singapore, 13-14 April 2010 About CIMB Standard Private Equity Infrastructure
More informationNEW AND RENEWABLE ENERGY POLICY
DIRECTORATE GENERAL OF NEW RENEWABLE ENERGY AND ENERGY CONSERVATION MINISTRY OF ENERGY AND MINERAL RESOURCES, INDONESIA NEW AND RENEWABLE ENERGY POLICY By: Dr. Djadjang Sukarna Secretary of Director General
More informationMONGOLIA COUNTRY PROFILE 88
MONGOLIA COUNTRY PROFILE 88 Overview Mongolia has a GDP of USD 5,259 million lxvi and a population of approximately 2.61 million. lxvii The total primary energy supply in 2007 was 3.09 Mtoe (million tons
More informationCOUNCIL OF MINISTERS DECREE NO 48/06 OF 1 SEPTEMBER
COUNCIL OF MINISTERS DECREE NO 48/06 OF 1 SEPTEMBER The Petroleum Activities Law (Law 10/04 of 12 November) explicitly accepted the principle of public tendering as a necessary and compulsory system for
More informationRenewable Energy Is it feasible in a distillery environment?
Renewable Energy Is it feasible in a distillery environment? Andrew Bright, ITPEnergised SWA Guide Published in 2012 Details on a range of technologies Information on subsidies Numerous examples of the
More informationThe Republic of South Africa. Department of Energy
The Republic of South Africa Department of Energy EXPRESSION OF INTEREST IN RESPECT OF IDENTIFYING ONE OR MORE STRATEGIC PARTNER(S) FOR THE DEVELOPMENT, FINANCING, CONSTRUCTION, OPERATION AND MAINTENANCE
More informationClimate change and the shifting energy mix
Climate change and the shifting energy mix Constanza Jacazio Senior Gas Analyst International Energy Agency Natural gas in a sustainable energy system Costanza Jacazio, Senior Gas analyst, IEA November
More informationRegulatory Issues in UK Biomass Projects
1 Regulatory Issues in UK Biomass Projects Briefing note March 2012 Regulatory Issues in UK Biomass Projects Key issues The Government has proposed a number of changes to the principal regulatory incentives
More informationLegal Framework enabling PV Iran. Mohammad H. Ghafouri Esmaeil Vasaf. Teheran, Dec. 21th, 2015
Legal Framework enabling PV Iran Mohammad H. Ghafouri Esmaeil Vasaf Teheran, Dec. 21th, 2015 Content 2 The relevant institutions related to the development of PV The current policies and support mechanisms
More informationRenewable Electricity Procurement in California
Renewable Electricity Procurement in California June 25, 2012 Yuliya Shmidt Division of Ratepayer Advocates, California Public Utilities Commission National Association of Regulatory Utility Commissioners
More informationCity College Plymouth
City College Plymouth Annual Internal Audit Report - Year ended 31 st July 2015 Presented at the Audit Committee meeting of: 17 November 2015 Baker Tilly Risk Advisory Services LLP www.bakertilly.co.uk
More informationSmall scale Hydro Electric Power IPP compliance with legislation and REBID process
Small scale Hydro Electric Power IPP compliance with legislation and REBID process Your project development partner, delivering value through a multi-skilled team 29 th May 2012 Contents 1. Legislation
More informationTONGA POWER LIMITED REQUEST FOR PROPOSALS INDEPENDENT POWER PRODUCERS. for SOLAR PHOTOVOLTAIC GENERATION 5 APRIL, 2018 RFP - TPL SOLAR IPP
TONGA POWER LIMITED REQUEST FOR PROPOSALS INDEPENDENT POWER PRODUCERS for SOLAR PHOTOVOLTAIC GENERATION 5 APRIL, 2018 RFP - TPL SOLAR IPP RFP No. TPL SOLAR IPP 1 NOTICE TO OFFEROR REQUEST FOR PROPOSALS
More informationSustainable Energy Roadmap & Implementation Plan (SERIP) Alexander Ochs Senior Director of Climate and Energy
Sustainable Energy Roadmap & Implementation Plan (SERIP) Alexander Ochs Senior Director of Climate and Energy Goal An energy system that is socially, economically and environmentally sustainable Our role
More informationPRE-QUALIFICATION FOR PROVISION OF TEAM BUILDING CONSULTANCY SERVICES TENDER NO. KPPF /HRA-B/1-A/22/17-18
PRE-QUALIFICATION FOR PROVISION OF TEAM BUILDING CONSULTANCY SERVICES TENDER NO. KPPF /HRA-B/1-A/22/17-18 (JAN 2017 DEC 2018) PRE QUALIFICATION DOCUMENT Stima Plaza, Kolobot Road, P.O. Box 1548-00600 Nairobi,
More informationSECTOR ASSESSMENT (SUMMARY): ENERGY
Java Bali 500-Kilovolt Power Transmission Crossing Project (RRP INO 42362) SECTOR ASSESSMENT (SUMMARY): ENERGY Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. Development of Indonesia
More informationSECTOR ASSESSMENT (SUMMARY): ENERGY. 1. Sector Performance, Problems and Opportunities
West Kalimantan Power Grid Strengthening Project (RRP INO 41074) SECTOR ASSESSMENT (SUMMARY): ENERGY Sector Road Map 1. Sector Performance, Problems and Opportunities 1. Development of Indonesia s energy
More informationCurrent situation and expected development of renewable energy sources
Tariff (Price) Council of the Republic of Azerbaijan Current situation and expected development of renewable energy sources Kenan Mamishov St. Petersburg Senior adviser to the Secretariat of Tariff (Price)
More informationADVISORY. Indonesia s New Construction Law. Overview. Main Provisions. 26 January 2017
ADVISORY 26 January 2017 Overview Indonesia s New Construction Law On Thursday 15 December 2016 the House of Representatives passed the new Law on Construction Services ( New Construction Law ) that replaces
More informationRenewable Energy Auctions Overview
PHOTO CREDIT: ISTOCK.COM USAID CLEAN POWER ASIA Renewable Energy Auctions Overview Supawan Saelim Renewable Energy Policy Specialist USAID Clean Power Asia March 23, 2018 Prepared for the SETA conference
More informationFiscal Support for the Efficient and Sustainable Management of Natural Resources in Indonesia: Renewable Energy and Forestry Resources
Fiscal Support for the Efficient and Sustainable Management of Natural Resources in Indonesia: Renewable Energy and Forestry Resources Irfa Ampri, PhD Vice Chairman of Fiscal Policy Agency for Climate
More informationDEMOCRATIC REPUBLIC OF TIMOR-LESTE GOVERNMENT. DECREE-LAW No. /2005 PUBLIC TENDERING IN RESPECT OF PETROLEUM CONTRACT AWARDS
DEMOCRATIC REPUBLIC OF TIMOR-LESTE GOVERNMENT DECREE-LAW No. /2005 OF. PUBLIC TENDERING IN RESPECT OF PETROLEUM CONTRACT AWARDS Law No. 13/2005, of 2 September (Law on Petroleum Activities) stipulates
More informationResource Efficiency Framework Agreement Advice, Support and Delivery Service for Energy Efficiency Advice and Environmental Consultancy
Y Pwyllgor Cyfrifon Cyhoeddus / Public Accounts Committee PAC(4)-24-15 P3B Resource Efficiency Framework Agreement Advice, Support and Delivery Service for Energy Efficiency Advice and Environmental Consultancy
More informationGermany: Energy Briefing
Germany: Energy Briefing February 2014 Contents Introduction 01 1. Amended Remuneration 02 2. Compulsory Direct Marketing 03 3. Tender Procedures 04 4. Self Consumption, Support for 04 Energy Intensive
More informationINDONESIAN PARTICIPANTS REVIEW CALIFORNIA S RENEWABLE ENERGY PLANS
INDONESIAN PARTICIPANTS REVIEW CALIFORNIA S RENEWABLE ENERGY PLANS CLEAN ENERGY DEVELOPMENT EXECUTIVE EXCHANGE San Francisco, California As part of the PT PLN Clean Energy Development Program, the U.S.
More informationDECEMBER Renewable Energy
DECEMBER 2016 Renewable Energy law EMPOWERING ASEAN One of the fastest growing energy markets in the world lies in Southeast Asia. By 2040, regional demand for energy may grow by 80% and electricity demand
More informationBelow is a brief description of the main regulatory measures that affected the Company in 2010.
Attachment Regulatory framework Below is a brief description of the main regulatory measures that affected the Company in 2010. Presidential Decrees appointing special Commissioners for works on the national
More informationAnalysing how. Kenya. instituted its REFIT and investigating future solar plans. By Eng. David Mwangi Energy Consultant. Kenya
Analysing how Kenya instituted its REFIT and investigating future solar plans By Eng. David Mwangi Energy Consultant Kenya Presentation Outline REFIT policy background RE Feed-in Tariffs and policy Current
More informationLegal and Financial Incentives for Renewable Energy in the Middle East. Joe Huse January
Legal and Financial Incentives for Renewable Energy in the Middle East Joe Huse 16 18 January Overview What is renewable energy? International and Regional Legal Frameworks Country analysis: Turkey, Jordan,
More informationNERSA Consultation Paper
NERSA Consultation Paper Renewable Energy Feed - In Tariff December 2008 Page 1 of 14 TABLE OF CONTENTS ABBREVIATIONS...3 1. INTRODUCTION AND BACKGROUND...4 2. SOUTH AFRICAN RENEWABLE ENERGY FEED IN TARIFF
More informationFederal Buildings Initiative Qualification Requirements
Federal Buildings Initiative Qualification Requirements Important Note: Companies who wish to be qualified under the Federal Buildings Initiative (FBI) and who wish to bid on a project for which a Request
More informationUPDATED FOR THE THIRD BID SUBMISSION DATE. First Issued: 3 August 2011 Reissued for Third Bid Submission Date: May 2013 TENDER NO: DOE/003/13/14
1 03/05/2013 UPDATED FOR THE THIRD BID SUBMISSION DATE First Issued: 3 August 2011 Reissued for Third Bid Submission Date: May 2013 TENDER NO: DOE/003/13/14 The Republic of South Africa Department of Energy
More informationCorporate Governance Guidelines
Corporate Governance Guidelines July 2018 1. Role of the Board 3 2. Composition of the Board and Board Membership Criteria; Director Qualifications 3 3. Board Size 4 4. Independence 4 5. Change of Status
More informationAn evaluation of the Irish Remote Interpreting Service (IRIS) Request for Tenders
An evaluation of the Irish Remote Interpreting Service (IRIS) 2018. Request for Tenders The latest date for receipt of tenders is Thursday 30 th August 2018 at 4 pm July 2018 Sign Language Interpreting
More informationADB Support for Solar Power In India
ADB Support for Solar Power In India Don Purka, Sr. Investment Specialist Private Sector Operations Department Clean Energy Expo Asia Singapore, November 2010 ADB Windows of Operations 1. Sovereign operations
More informationEnergy from Renewable Sources Act
Energy from Renewable Sources Act Promulgated, State Gazette No. 35/3.05.2011, effective 3.05.2011, amended and supplemented, SG No. 29/10.04.2012, effective 10.04.2012, SG No. 54/17.07.2012, effective
More informationCONSULTING SERVICES Expression of interest
SELECTION OF CONSULTANTS BY BENEFICIARIES OF FINANCING FROM THE FRENCH DEVELOPMENT AGENCY (AFD) REQUEST FOR EXPRESSIONS OF INTEREST ARAB REPUBLIC OF EGYPT TECHNICAL ASSISTANCE TO SUPPORT THE IMPLEMENTATION
More informationIntroduction...1. The view from Scotland...9. The view from Northern Ireland and the Republic of Ireland Solar investment... Onshore wind...
UK Renewable Energy Finance 2017 i Contents Introduction...1 The future of Renewable Energy Finance Investment...2 The view from Scotland...9 The view from Northern Ireland and the Republic of Ireland...11...14
More informationINTRODUCTION TO DECREE 15 ON PPP
INTRODUCTION TO DECREE 15 ON PPP After nearly two years of drafting and stakeholder consultation, the Vietnamese Government has promulgated a unified legislation (Decree No. 15/2015/ND-CP) governing private
More informationA World Bank Group solution to rapidly expand private investment in utility-scale solar PV
A World Bank Group solution to rapidly expand private investment in utility-scale solar PV Rome Italy October 28, 2016 Stratos Tavoulareas Senior Energy Advisor Solar power generation has reached a tipping
More informationEMR for People s Welfare
MINISTRY OF ENERGY AND MINERAL RESOURCES OF REPUBLIC OF INDONESIA DIRECTORATE GENERAL OF NEW RENEWABLE ENERGY AND ENERGY CONSERVATION by: Tisnaldi Director of Geothermal Presented at: INDONESIA EBTKE CONEX
More informationEMBEDDING SMR IS YOUR ACCOUNTABILITY FRAMEWORK EFFECTIVE?
EMBEDDING SMR IS YOUR ACCOUNTABILITY FRAMEWORK EFFECTIVE? BDO IS THE WORLD S FIFTH LARGEST ACCOUNTING NETWORK, OFFERING A CONSISTENT GLOBAL SERVICE THROUGH STRONG, LOCAL RELATIONSHIPS. OUR MARKET POSITION
More informationUK Supreme Court hearing in R(Miller) -v- Secretary of State for Exiting the European Union
December 2016 UK Supreme Court hearing in R(Miller) -v- Secretary of State for Exiting the European Union Contents As has been widely reported, the UK Supreme Court recently heard an appeal from the High
More informationMiddle East Legal Insight: The Draft Saudi Arabian Private Sector Participation Law
Middle East Legal Insight: The Draft Saudi Arabian Private Sector Participation Law Jurisdiction Saudi Arabia Related Content Saudi Arabia Cabinet Decision No. 213/1418, Saudi Arabia Cabinet Decision No.
More informationCompetitive bidding procedures in the 2017 Renewable Energy Sources Act
CLIENT UPDATE Competitive bidding procedures in the 2017 Renewable Energy Sources Act August 2016 On 8 July 2016, the lower and upper chambers of the German parliament passed a fundamental reform of the
More informationPUBLIC-PRIVATE PARTNERSHIPS TRANSPARENCY AND ACCOUNTABILITY BILL. No. 605
PUBLIC-PRIVATE PARTNERSHIPS BILL 1 No. 605 An Act respecting the Transparency and Accountability of Public-Private Partnerships (Assented to ) Preamble WHEREAS the residents and taxpayers of Saskatchewan
More informationOffshore wind: an update on the first tender round
GERMANY Offshore wind: an update on the first tender round April 2017 Contents I. First auction closed on 3 April 2017 1 II. The results 1 III. "After the match is before the match" the next auction in
More informationClient Alert. Finance & Projects Jakarta. New Geothermal Law Finally Issued
Jakarta Client Alert October 2014 New Geothermal Law Finally Issued The new geothermal law - which introduces some new legal framework for geothermal development in Indonesia - Law No. 21 of 2014 ("New
More informationTHE IMPACT OF THE NEW LAW OF REPUBLIC OF INDONESIA NUMBER 20 OF 2002 TO THE ENERGY PLANNING IN INDONESIA
THE IMPACT OF THE NEW LAW OF REPUBLIC OF INDONESIA NUMBER 20 OF 2002 TO THE ENERGY PLANNING IN INDONESIA By : Susy M. Simarangkir Jln. Daksinapati Barat I/3, Rawamangun, Jakarta 13220, Indonesia sms_sierra@hotmail.com
More informationRE100 TECHNICAL CRITERIA
RE100 TECHNICAL CRITERIA TECHNICAL NOTE ON RENEWABLE ELECTRICITY OPTIONS January 2018 PURPOSE OF THE RE100 CRITERIA The RE100 Criteria define what counts as renewable electricity for the purpose of participation
More informationEnergy in Denmark a framework for renewable energy. Lars Georg Jensen Chief Adviser, Energy Systems, Danish Energy Agency Dublin, RE Summit 2016
Energy in Denmark a framework for renewable energy Lars Georg Jensen Chief Adviser, Energy Systems, Danish Energy Agency Dublin, RE Summit 2016 Page 1 Danish Energy Agency Established in 1976 Agency under
More informationFiji Electricity Authority. Expression of Interest (EOI) 2-5MW Solar Farm. Request for Proposal. October Fiji Electricity Authority
Fiji Electricity Authority Expression of Interest (EOI) 2-5MW Solar Farm October 2015 Definitions: EOI: TOR Tenderer: FEA: Works IPP PPA Expression of Interest Terms of reference for the works The company
More informationKingdom of Morocco. A new law to promote public-private partnerships.
March 2015 Kingdom of Morocco. A new law to promote public-private partnerships. > A new law regarding public-private partnerships established a new type of contract involving the public and private sectors.
More informationPresentation to Lafayette City Council. Amy Dao Community Energy Manager Jan. 26, 2015
Presentation to Lafayette City Council Amy Dao Community Energy Manager Jan. 26, 2015 CA s Renewable Portfolio Standard (RPS) Established in 2002; expanded in 2006 and 2011 Requires all utilities to procure
More information