GLOBAL RENEWABLE Guide GLOBAL RENEWABLE
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GGLOBALLOBAL RENEWABLERENEWABLE ENERGYENERGY GuideGuide Belarus Kyrgyzstan Bosnia & Herzegovina Latvia Brazil Lithuania Czech Republic Macedonia Finland Montenegro France Poland Georgia Romania Germany Russia Hungary Slovakia Ireland Turkey Japan Ukraine Jordan United Kingdom Kazakhstan United States of America 2016 Editors Av. Mesut Çakmak Av. Dr. Zeynep Çakmak Av. Dr. Çağdaş Evrim Ergün Publication Assistant Ayben Şen Özkan Published by Çakmak Yayınevi ve Medya Limited Şirketi Piyade Sokak, No. 18 06650 Çankaya, Ankara, Turkey Printed by Sözkesen Matbaacılık Tic. Ltd. Şti., Ankara, Turkey October 2016, Ankara ISBN: 978-9944-794-22-0 ISBN (e-book): 978-9944-794-23-7 © Çakmak Yayınevi ve Medya Limited Şirketi All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, mechanical, photocopying, recording or otherwise, without the prior written permission of the publisher. Due to the general nature of its contents, this publication should not be regarded as legal advice. The publisher makes no representation or warranty as to, and assumes no responsibility for, the accuracy or completeness of the information contained herein. CONTENTS 1- BELARUS, Vlasova Mikhel & Partners ........................................................................................................................................ 4 2- BOSNIA & HERZEGOVINA, Huskić Law Office ....................................................................................................................................................... 15 3- BRAZIL, Machado, Meyer, Sendacz E Opice Advogados ............................................................................................................. 27 4- CZECH REPUBLIC, White & Case (Europe) LLP ..................................................................................................................................... 43 5- FINLAND, Asianajotoimisto White & Case Oy ............................................................................................................................. 47 6- FRANCE, White & Case LLP .................................................................................................................................................... 56 7- GEORGIA, Mgaloblishvili Kipiani Dzidziguri (MKD) .................................................................................................................. 67 8- GERMANY, White & Case LLP .................................................................................................................................................... 75 9- HUNGARY, Lakatos, Köves and Partners ........................................................................................................................................ 89 10- IRELAND, Arthur Cox ................................................................................................................................................................. 97 11- JAPAN, White & Case LLP .................................................................................................................................................... 112 12- JORDAN, Ali Sharif Zu’bi Advocates & Legal Consultants ......................................................................................................... 122 13- KAZAKHSTAN, Dentons Kazakhstan LLP .......................................................................................................................................... 126 14- KYRGYZSTAN, Kalikova & Associates ................................................................................................................................................. 131 15- LATVIA, Klavins Ellex ............................................................................................................................................................... 137 16- LITHUANIA, Ellex ............................................................................................................................................................................ 143 17- MACEDONIA, Kimova Law Office ....................................................................................................................................................... 157 18- MONTENEGRO, Law Office Vujacic ....................................................................................................................................................... 161 19- POLAND, White & Case ............................................................................................................................................................. 168 20- ROMANIA, Tuca Zbarcea & Asociatii. ........................................................................................................................................... 176 21- RUSSIA, White & Case LLC .................................................................................................................................................... 210 22- SLOVAKIA, White & Case s.r.o ...................................................................................................................................................... 221 23- TURKEY, Çakmak Avukatlık Bürosu ......................................................................................................................................... 235 24- UKRAINE, Avellum ....................................................................................................................................................................... 246 25- UNITED KINGDOM, White & Case LLP .................................................................................................................................................... 253 26- UNITED STATES OF AMERICA, White & Case LLP .................................................................................................................................................... 276 4 FOREWORD ÇAKMAK PUBLISHING is pleased to publish this 2016 edition of the Global Renewable Energy Guide, which has been published annually since 2010. Global Renewable Energy Guide is designed to provide an overview of applicable legislation and available incentives to renewable energy companies worldwide. It will aid investors, lenders and government agencies in understanding and comparing relevant provisions from different jurisdictions. The publication maintains a Q&A format with a common questionnaire set by the editors and answered by leading practitioners from 26 jurisdictions around the world. The following are notable observations from this 2016 edition of the Guide regarding the regulatory regime and available incentives for renewable energies in the 26 jurisdictions explored: • Most of the countries, 16 out of 26, have an independent regulatory authority to supervise and regulate the electricity sector, including renewable energies, while the remaining 10 countries opt for regulation of the electricity sector by a Ministry. • Most of the countries, 21 out of 26, provide for tax advantages for the generation of electricity from certain or all types of renewable energy sources. • Purchase guarantees (feed-in tariffs) or similar support mechanisms are available in most of the countries, 18 out of 26. • The ratio of ensuring a minimum price for the electricity generated by renewable energy companies is high as well (19 countries out of 26 countries). • In 18 out of the 26 countries, priority for connection to and/or usage of the transmission and/or distribution system is provided for renewable energy companies. • 10 out of the 26 countries provide for additional incentives for the domestic manufacturing of equipment and materials. We gratefully acknowledge the contributions of all the authors of this publication, who have been selected for their recognized expertise in the field of renewable energy law, and thank them for making this Guide a reality. Av. Mesut Çakmak Av. Dr. Zeynep Çakmak Av. Dr. Çağdaş Evrim Ergün Editors Ankara, October 2016 BELARUS Aleksei Filonov Ekaterina Zabello Ekaterina Shkarbuta VLASOVA MIKHEL & PARTNERS GENERAL Resolution of the Council of Ministers of the Republic of Belarus of 25.04.2016 N 336 On Approval of the Plan for Action for the 1. What are the nature and importance of Implementation of the Directive No. 3 stipulates the renewable energy in your country? the main measures to be taken and the main In the Republic of Belarus imported energy events to be organized in order to promote and comprises more than 80% of the energy increase the use of RES, such as inter alia consumption. Therefore one of the strategic implementation of innovative projects on the use objectives of economic development of of renewable energy, establishment of energy Belarus is the decrease of energy imports. The research statement schedules and etc. solution to this problem is possible through The Concept of Energy Security of the the enhancement of alternative energy sources Republic of Belarus defines the goals and and local fuels. Development and effective use objectives for energy security, the main of renewable energy sources (hereinafter – the directions of strengthening energy security, RES) has a fundamental importance since in including at the expense of increasing non- the short term they represent the real potential conventional and renewable energy sources. of local fuel and energy resources that can be efficiently involved in the economy and favor It is also necessary to mention the five-year the rise of the energy security