Renewable Energy Resources
In January 2006, new legislation was passed to apply the benefits included in Short Laws I & II (see Recent Developments section below for details) to renewable energy production. The new regulation provided for exemptions in transmission charges for new renewable energy sources (i.e. geothermal, wind, solar, biomass, tidal, small hydropower and cogeneration) below 20 MW of capacity. It also simplified the legal procedures for projects below 9 MW. The success of this new regulation for the promotion of renewable sources is yet to be seen.
Read more about this topic: Electricity Sector In Chile
Famous quotes containing the words energy and/or resources:
“I rather think the cinema will die. Look at the energy being exerted to revive it—yesterday it was color, today three dimensions. I don’t give it forty years more. Witness the decline of conversation. Only the Irish have remained incomparable conversationalists, maybe because technical progress has passed them by.”
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—Anton Pavlovich Chekhov (1860–1904)