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Resolution No. 556 of 2022 of Georgian Government on Auction Rules for Supporting Scheme of Production and Use of Energy from Renewable Sources and Capacity

Country/Territory
Georgia
Document type
Regulation
Date
2022
Source
FAO, FAOLEX
Subject
Energy
Keyword
Business/industry/corporations Liability/compensation Ecofriendly products/ecofriendly processes Energy conservation/energy production Institution Internal trade International trade Renewable energy Research Sustainable development
Geographical area
Asia, Black Sea, Eastern Europe, Europe, Europe and Central Asia, Western Asia
Abstract

This Resolution approves the auction rules for supporting the scheme of production and use of energy from renewable sources and capacity. It consists of 13 articles: General provisions (1); Definitions (2); Support scheme (3); Terms for payment of the price difference (4); Commission of the capacity auction (5); Announcing an action, reviewing an application and making a determination (6); Entering into an agreement (7); Documents to be submitted for the participation in a capacity auction (8); Bank guarantees to be presented for the agreement (9); Liability of the person implementing a project (10); Difference between the application presented at the auction and technical-economical research (11); Project deadline and deadline changes (12); and Transitional provisions (13).

Full text
Georgian
Website
matsne.gov.ge

References - Legislation

Implements

Law of Georgia on Promotion of Production and Use of Energy from Renewable Sources (No. 5652-RS of 2019)

Legislation | Georgia | 2019 (2020)

Keyword: Renewable energy, Basic legislation, Policy/planning, Energy conservation/energy production, International relations/cooperation, Data collection/reporting, Certification, Sustainable development, Biofuel, Enforcement/compliance, Research, Ecofriendly products/ecofriendly processes

Source: FAO, FAOLEX

Implemented by

Order No. 1-1/40 of 2023 of Minister of Economy and Sustainable Development of Georgia on Capacity Auction Procedure

Legislation | Georgia | 2023

Keyword: Energy conservation/energy production, Internal trade, Procedural matters, Renewable energy

Source: FAO, FAOLEX