Change Edition

New solar feed-in tariffs in Luxembourg
Economics

New solar feed-in tariffs in Luxembourg

03.08.2015 From our online archive
Luxembourg is to broaden its solar energy feed-in tariff scheme in a bid to reduce greenhouse gas emissions and hit its 2020 renewable energy target.

(JB) Luxembourg is to broaden its solar energy feed-in tariff scheme in a bid to reduce greenhouse gas emissions and hit its 2020 renewable energy target.

The Grand Duchy has pledged to derive 11 percent of all its energy needs from renewables over the next five years.

The new solar compensation scheme, announced on Monday by the Economy Ministry, will offer feed-in tariffs to photo voltaic plants producing electrical power of between 30 and 200 kilowatts from January 1, 2016.

Currently, the tariffs are only offered to panels generating 30kW or less. To benefit from the new injection rates, beneficiaries must form a cooperative society, composed of at least 10 individuals.

"Through this specific remuneration for collective installations, we actively support cooperatives solar energy production. We are encouraging greater production of renewable energy by private individuals and mobilising citizens' investment capabilities,” Economy Minister Etienne Schneider said.

Other changes will also enter into force on 1 January 2016 concerning feed in tariffs for panels generating 500 kW or more, 3MW or three installations harnessing wind energy.

Do not miss the news - sign up to receive the wort.lu newsletter in English delivered to your inbox six days a week.