INTIEAGreece · Aid to Market Penetration of Renewables - New Development Law 1998PolicyIn force

Aid to Market Penetration of Renewables - New Development Law 1998

Last changed 14 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

EffectiveJan 01, 1998
Last changeAug 28, 2012

Country / jurisdiction: Greece · Year: 1998 · Status: In force · Level: National · Type: Voluntary

Incentive systems have been implemented by the Development Law 2601/98 to increase the market penetration of renewables and co-generation. This law replaced the previous one (Law 1892/90), and the Operational Programmes for Energy and Competitiveness. These mechanisms provide a maximum 35% grant for investments in power generation and a maximum 75% deduction from taxable income for the residential and service sectors for solar heating systems. Greece does not intend to establish a green certificate system in the near future but considers it a viable option in the long term.

Source

https://www.iea.org/policies/4116

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