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Renewable energy – Energy Country Profile

Renewable Energy

The new State Energy Concept (2015) aims for a share of 18 – 25 % renewable and secondary sources for the generation of electrical energy. Renewable energy installations were strongly supported through the introduction of feed-in tariffs in 2002 and premiums in 2006. However, after the sudden increase of 2 GW in solar installations between 2009 and 2010, the government changed the legislations to remove tax exemptions for solar plants. As a result, support mechanisms, especially feed-in tariffs, have been drastically reduced except for certain technologies, especially small hydropower. The government hopes to support the use of RES through targeted subsidies for some technologies. As of 2016, the installed renewable energy source capacity was 2.08 GW of solar, 281 MW of wind and 2.26 GW of hydropower (Source: World Energy Council).

Last update: 09 2019