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Executive Order on Enforcement of the Bylaws on Creation of Energy and Environment Efficient Market.

Country/Territory
Iran, Islamic Republic of
Document type
Regulation
Date
2021
Source
FAO, FAOLEX
Subject
Energy, Environment gen.
Keyword
Legal proceedings/administrative proceedings Authorization/permit Monitoring Renewable energy Natural gas Emissions Energy conservation/energy production Fiscal and market measures
Geographical area
Asia, Caspian Sea, Middle East, Near East and North Africa, Persian Gulf, Southern Asia
Abstract

This Executive Order is ratified by the High Council of Energy with the purpose of reducing energy consumption raised through different resources including natural gas and power energy and to reducing production of green house gases and emissions by implementing the plans, data assessment, measuring and reporting mechanisms (M&V). The law provides for investment plans for the applicants looking to use the energy saving consuming models and also granting license to the permitted energy producers under this scheme. For protection of the private investors in projects related to efficient use of energy in the market, a committee consisting of representatives of Oil and Energy Ministries, Chamber of Commerce, Chamber of Cooperatives and Stock Exchange shall comprise. This Executive Order consists of 27 Articles and is addressed to different Ministries for implementation.

Full text
Farsi
Website
www.dotic.ir