Energy

With the intention of finalizing the investments on renewable energy resources in due time with the contribution of state incentives regarding locally produced equipment, the Draft Regulation on Renewable Energy Resource Areas prepared with the purpose of annulling the Regulation on Determination, Evaluation, Protection and Utilization of Renewable Energy Resource Areas in relation to Electricity Generation published in Official Gazette dated 27 November 2013 and numbered 28834 was published.

The purpose of Draft Regulation on Renewable Energy Resource Areas (“Draft”) is to provide the productive utilization of resources, completion of investments efficiently and domestically, and procurement of equipment to be used in electricity generation facilities, by establishing large-scaled energy resource areas on the lands allocated that are public, treasury and private properties. This newsletter article examines the provisions of the Draft Regulation in question.

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