In conjunction with the draft law on the production of electricity from renewable sources of energy planning, a specialized symposium will be held in ...

by **claud39** Tue May 07, 2019 7:26 am

In conjunction with the draft law on the production of electricity from renewable sources of energy planning, a specialized symposium will be held in ...

2019-05-07

In conjunction with the draft law on the production of electricity from renewable energy sources planning will hold a specialized symposium in the field of renewable energy and its applications and prospects for investment in Iraq

The Ministry of Planning held a specialized seminar on the renewable energy field, its applications and prospects for investment in Iraq, the legislative framework and future plans for localization of this technology in the presence of representatives of the relevant ministries, relevant bodies and representatives of the private sector. Specialists in this field.

Chairman of the Energy Efficiency Unit Committee

The head of the Energy Efficiency Unit in the Ministry of Planning, Dr. Amer Obaid Karim, who chaired the symposium and gave a presentation on the proposals for the draft law on the production of electricity from renewable sources of energy and explained that the preparation of a draft law to produce electricity from renewable sources in Iraq aims to stimulate the deployment and use of renewable energy In Iraq and achieving sustainable development as well as the exploitation of available renewable energy sources and enhancing the security of energy supply, investment promotion and environmental protection. Accordingly, a legal framework has been established to regulate the licensing and regulation of financial and contractual transactions as well as the obligations of investors And network operators and technical matters between the proposed bill items are: the draft law included the establishment of a paragraph (Renewable Energy Fund),

Which aims to finance projects for the exploitation of renewable sources of energy for small, medium and large projects. The financial resources of the said fund will be from the general budget, the government investment plan, the returns of the investments of the Fund's funds and the international grants, the proceeds of the sale of carbon license certificates, The Board of Directors is headed by a minister and membership of special grades. It is proposed that the documents of the conditions for the establishment of power plants from renewable sources be submitted to a joint committee (Ministry of Electricity, Ministry of Planning, Ministry of Industry and Minerals and Ministry of Environment) Spatial, environmental and strategic intentions of these stations. The draft law includes the tariff for buying energy produced from renewable energy sources and processed to the national grid (kWh) by the Ministry of Electricity on the basis of the system of nutrition tariff and the application of the net metering system for the systems that export or import energy from and to the national grid.

With the opportunity to invest renewable energy for people who have the financial and technical qualifications and the adoption of smart meters to regulate the process of consumption and production. Also included in the draft law rationalization of the consumption of electricity and energy management efficiency and we propose to include in the draft law the formation of the Renewable Energy Authority to be considered Resources, competencies, infrastructure and projects related to work with available renewable energies. The draft law also included a clause requiring ministries and government departments to use solar heaters and solar energy systems. For the components of solar energy systems that will enter the local market in accordance with internationally and locally accredited test certificates to enhance efficiency of performance. The proposals also include including in the draft law a paragraph of customs exemptions, duties and taxes on renewable energy equipment and equipment,

https://mop.gov.iq/news/view/details?id=206