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Type of publication: research article
Type of publication (PDB): Straipsnis kitose duomenų bazėse / Article in other databases (S4)
Field of Science: Teisė / Law (S001)
Author(s): Milčiuvienė, Saulė;Paškevičius, Julius
Title: The Investment environment for renewable energy development in Lithuania : the electricity sector
Is part of: Baltic journal of law & politics [elektroninis išteklius]. Kaunas ; Berlin : Vytautas Magnus university ; Walter De Gruyter, 2014, Vol. 7, iss. 1
Extent: p. 29-48
Date: 2014
Keywords: Atsinaujinanti energetika;Ilgalaikiai tikslai;Administravimo procedūra;Paramos schemos;Long term targets;Promotion schemes;Administrative procedure;Renewable energy;National precedures
Abstract: The article analyzes the investment environment in renewable electricity generation capacities, evaluating the credibility of long term renewable energy targets, the stability of promotion schemes and the impartiality of national administrative procedure. The article explores two main questions: (i) are the EU and Lithuanian energy policy targets and promotion schemes credible enough to convince private investors to put their money in renewable energy development; (ii) does national administrative procedure put a disproportional burden on renewable energy investors or on certain group of investors? The assessment of the investment environment includes a large number of criteria, but we analyze three of them: the stability of long term strategy; the attractiveness of promotionmeasures; and the simplicity and transparency of administrative procedure. Two further criteria are investigated: the stability of targets in renewable energy and the stability of promotional measures. The greatest uncertainty for investors occurs because of constantly changing support schemes of renewable energy sources-schemes that are not harmonized among the member States. At the national level the main driver in the development of small generators is the feed-in tariff. However, the high feed-in tariff does not always guarantee the smooth development of small scale generators of renewable energy
Affiliation(s): Privatinės teisės katedra
Teisės fakultetas
Vytauto Didžiojo universitetas
Appears in Collections:Baltic Journal of Law & Politics 2014, vol. 7, iss. 1
Universiteto mokslo publikacijos / University Research Publications

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