Voluntary Agreement between Ministry of Economic Affairs and Association of Electricity Utilities

This voluntary agreement provided subsidies of 100% of the delivered price for PV and wind power, and 20% of the delivered price for biomass and biogas for a period of three years for renewable electricity systems installed before the end of 1996. Since the programme ended in 1996, the payment of higher buy-back rates at these levels ceased at the end of 1999.

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