The bill, which will now have to be approved by the Senate,
is intended to introduce a net metering scheme for residential and commercial
PV
The Chamber of Deputies of Argentina has approved with 3
votes against and 159 votes in favor the long-awaited draft bill for the
development of distributed generation, which is expected to create the
conditions for the development of residential and commercial rooftop solar on
deck in the country of the Southern Cone.
The draft law will now be brought to the Senate, where it is
expected to obtain final approval. According to what Marcelo Álvarez of the
Argentine Chamber of Renewable Energies (CADER) told pv magazine in
August, the law could see the light by the first half of 2018, when there will
be a new government after the legislative elections on October 22.
The text of the law approved by the Chamber of Deputies,
which would authorize the sale of surplus electricity from renewable energy
power generators to the national grid under a net metering mechanism, is the
one that has recently left the Energy and Fuels Commission, which had reached
an agreement to unify in a single text the different bills on distributed
generation that were presented this year by the different political forces of
Parliament.
The unified
text that emerged from the commission envisages, among other things, the
introduction of the above-mentioned net metering mechanism, and that any public
building project includes the use of distributed generation facilities from
renewable sources.
Under the new law, the fund for distributed generation of
renewable energies (FODIS) will be created to help homeowners and small and
medium-sized enterprises to resolve the issue of financing. The fund is
estimated to have a budget of ARS 500 million (approximately $28.6 million) for
the first year after the entry into force of the law.
These resources could be used for rebates covering part of
the costs for the purchase and installation of the generators, as well as for
financing an additional incentive for the net metering scheme.
The law could also include a series of tax benefits for
prosumers, for which an additional ARS 200 million ($ 11.4 million) could be
allocated. Another 200 million pesos will eventually be used for the promotion
of the local renewable energy manufacturing industry through the fund FANSIGED,
which is expected to support research, design, development, investment in
capital goods, production, certification and installation services for
distributed generation.
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