Renewable Resources Act Amendments

  • 2013-04-24
  • By Donata Pundinaite, Assistant to the Attorney at Law
ECOVIS Miškinis, Kvainauskas ir partneriai advokatų kontora(Continued from previous issue)There is more than the expected solar power station development because of excess measures in the procurement prices, assessed by the National Control Commission for Prices and Energy. Last year the price was from 1.44-1.80 Litas/kWh. For this year the Control Commission set lower prices – 1.25-1.60 Litas/kWh. In market share at the mentioned prices the investment after 4-6 years starts to pay itself back; accordingly, this sponsorship is determined for 12 years, the power-st...
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