Luxembourg’s Ministry of Economy has announced that today, Tuesday 2 August 2016, a new regulation determines a specific remuneration for electricity produced by collective photovoltaic installations.
Luxembourg has set an ambitious target for renewable energy development up to 2020. To achieve its 11% target, particularly in the development of solar energy systems, the new regulation introduces a specific payment for electricity generated by collective photovoltaic installations that is then fed into the electricity grid.
The current regulations ensure tariffs for a period of 15 years and only for photovoltaic installations with an electrical capacity of less than or equal to 30 kW; technology has now improved significantly, leading to the need to update the regulations. In order to not only allow public organisations, but also private individuals and organisations, to participate in projects regarding developing more renewable energy in the Grand Duchy, the new regulation introduces a remuneration policy in the form of feed-in tariffs for collective photovoltaic installations producing power of between 30 kilowatts and 200 kilowatts. The beneficiary of this aid must be structured as a cooperative society made up of a minimum of 7 individuals.
With this Grand-Ducal regulation, other changes concerning remuneration to be granted to new electricity generation facilities from renewable energy sources with a power greater than 500 kW to 3 MW, or 3 production units for wind energy, will occur. These installations will be better integrated into the electricity market in the future.
Minister Schneider, commented "With this specific remuneration for collective installations, we are promoting a solidarity economy and encourage more production of renewable energy by private individuals. Moreover, I intend to submit a proposal to the Council of Government in September to first of all expand the scope of beneficiaries to include individuals from civil society, and secondly, to accept non-profit associations and foundations in the composition of these two profitable organisations. "
Photo by Enovos
