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North and South America Renewable Energy Policy Handbook 2016

Summary

“North and South America Renewable Energy Policy Handbook 2016” is among the latest region specific policy reports from GlobalData, which offers comprehensive information on major policies governing renewable energy markets in the region. The report covers nine key countries in the region, providing the current and future renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry in each of the countries. The report also provides major technology specific policies and incentives provided in each country.

The report is built using data and information sourced from industry associations, government websites and statutory bodies. The information is also sourced through other secondary research sources such as industry and trade publications.

Scope

- The report covers policy measures and incentives used by countries in North and South America to promote renewable energy.
- The report details promotional measures in the region both for the overall renewable energy industry and for specific renewable energy technologies that have potential in the region.
- The report discusses the policy scenario in nine key countries of the region - Argentina, brazil, Canada, Chile, Colombia, Mexico, Peru, US, and Venezuela.
- The report discusses how the region fares in renewable energy deployment and compares the nine countries based on the use of different types of incentives.

Reasons to buy

- Develop business strategies with the help of specific insights about policy decisions being taken for different renewable enrgy sources.
- Identify opportunities and challenges in exploiting various renewable technologies.
- Compare the level of support provided to different renewable energy technologies in different countries in the region.
- Be ahead of competition by keeping yourself abreast of all the latest policy changes.

Table Of Contents

North and South America Renewable Energy Policy Handbook 2016
1 Table of Contents
1 Table of Contents 4
1.1 List of Tables 13
1.2 List of Figures 14
2 Introduction 15
2.1 Renewable Energy Policy 15
2.2 Globaldata Report Guidance 15
3 Renewable Energy Policy, Argentina 16
3.1 Overview 16
3.2 Law on Promotion of Renewable Sources of Energy for Electricity Production: 26.190 17
3.3 Renewable Energy Generation Program 18
3.4 Financial Incentives and Policy Support for Solar 18
3.5 Financial Incentives and Policy Support for Wind 18
3.6 National Strategic Plan for Wind Energy 19
3.7 Biodiesel Competitiveness Plan 19
3.8 The Biofuel Law 20
3.9 Biodiesel Content Requirement 21
3.10 National Bioenergy Program 21
3.11 Energy Efficiency Project 21
3.12 Energy Efficiency Policies for Appliances 22
3.13 National Program for Rational and Efficient Use of Energy 22
4 Renewable Energy Policy, Brazil 24
4.1 Overview 24
4.2 Program of Incentives for Alternative Electricity Sources 26
4.3 Renewable Energy Auctions 27
4.4 Alternative Energy Auction LFA-2010 and Reserve Energy Auction LER-2010 29
4.5 Brazil National Climate Change Plan 30
4.6 Luz para Todos Electrification Program 31
4.7 Financial Incentives and Policy Support for Wind, Brazil 31
4.8 Financial Incentives and Policy Support for Solar PV, Brazil 32
4.9 International Action Program, Brazil's Hydropower Program 32
4.10 Incentives for Small Hydropower Facilities, Law 9648 32
4.11 Wind Turbine Component Tax Exemption (Executive Decree 656) 33
4.12 Inova Energia Program 33
4.13 National Biodiesel Program 33
4.14 Net Metering for Distributed Generation 34
4.15 Energy Expansion Plan 2010-2019 34
4.16 National Alcohol Program 35
4.17 Federal and State Taxes on Ethanol 35
4.18 Social Fuel Stamp Auction System 36
4.19 Ethanol Blending Mandate 37
4.20 Ethanol Export Tax Credit - Special Regime of Reinstatement of Tax Amounts for Exporting Companies - REINTEGRA 37
4.21 Spending on Biofuels 37
4.21.1 CT-PETRO program 37
4.21.2 CT-TRANSPORTE 38
4.21.3 CT-INFRA 38
4.21.4 CT-ENERG 38
4.21.5 CT-AGRO 38
4.21.6 CT-BIOTEC 38
4.21.7 Green-Yellow 39
4.21.8 Role of the National Development Bank of Brazil 39
4.22 National Energy Efficiency Policy 40
4.23 Regulated Investments in Energy Efficiency 40
4.24 The Energy Efficiency Law 40
4.25 Solar Water Heating Legislation 40
5 Renewable Energy Policy, Canada 42
5.1 Overview 42
5.2 Provincial Incentives 44
5.3 Renewable Energy Policy Framework, Prince Edward Island 45
5.4 Renewable Energy Policy Framework, Manitoba 46
5.5 Renewable Energy Policy Framework, Saskatchewan 46
5.6 Renewable Energy Policy Framework, Northwest Territories 46
5.7 Renewable Energy Policy Framework, Alberta 47
5.7.1 Climate Change Strategy 47
5.7.2 Provincial Energy Strategy 47
5.7.3 Financial Incentives and Policy Support for Wind 48
5.7.4 Nine-Point Bioenergy Plan 50
5.8 Renewable Energy Policy Framework, British Columbia 52
5.8.1 Hydro Net Metering 52
5.8.2 Energy Plan: A Vision for Clean Energy Leadership 52
5.8.3 Innovative Clean Energy Fund 53
5.8.4 Standing Offer Program 54
5.8.5 LiveSmart Efficiency Incentive Program 54
5.9 Renewable Energy Policy Framework, Nova Scotia 55
5.9.1 Renewable Electricity Plan, 2010 55
5.9.2 Energy Strategy 2009 55
5.9.3 Renewable Energy Standard Regulations, 2007 56
5.9.4 Net Metering 58
5.9.5 Community Feed-in Tariffs 58
5.9.6 Solar Gain Project 59
5.9.7 Wind Atlas 59
5.9.8 EnerGuide for New Houses 59
5.9.9 Commercial and Industrial Custom Program 59
5.9.10 Small Business Lighting Solutions Program 60
5.9.11 EcoEnergy Retrofit Incentive for Buildings 60
5.10 Renewable Energy Policy Framework, Quebec 60
5.10.1 Energy Strategy 2006-2015 60
5.10.2 Net Metering 61
5.10.3 Wind Farm Construction on Public Land 61
5.10.4 Wind Farm Construction on Private Land 62
5.10.5 Renoclimat and Novoclimat Program 62
5.10.6 Hydro Grants 62
5.10.7 Climate Change Action Plan 2013-2020 63
5.10.8 Tax Credit for Ethanol Production 63
5.11 Renewable Energy Policy Framework, Ontario 63
5.11.1 Financial Incentives and Policy Support for Renewable Energy Sources 63
5.11.2 Financial Incentives and Policy Support for Solar 70
5.11.3 Financial Incentives and Policy Support for Wind 71
5.11.4 Financial Incentives and Policy Support for Geothermal 72
5.11.5 Financial Incentives and Policy Support for Hydropower 72
5.11.6 Financial Incentives and Policy Support for Bioenergy 73
5.12 Funding to Promote Biofuels Industry 74
5.12.1 EcoENERGY for Biofuels Initiative 74
5.12.2 NextGen Biofuels Fund 74
5.13 Accelerated Capital Cost Allowance 75
5.14 Industrial Electricity Incentive Program 75
5.15 SaveONenergy Conservation Programs 75
5.16 Program of Energy Research and Development 75
6 Renewable Energy Policy, Chile 76
6.1 Overview 76
6.2 National Strategy for the Energy Sector 76
6.3 Non-Conventional Renewable Energy Law (NCRE Law) 77
6.4 Energy Programme 2014-2018 78
6.5 Energy Access Fund 78
6.6 Support for Non-Conventional Renewable Energy Development Programme 78
6.7 Invest Chile Project 78
6.8 Carbon Tax 78
6.9 Program for Rural and Social Energy (PERYS) 79
6.10 Short Law I and II 79
6.11 Law 19657 79
6.12 Net Metering 79
6.13 Other Renewable Incentives 79
6.14 Development of Renewable Energy Sources 80
6.15 Hydro Electricity 80
6.16 Development of Transmission System 80
6.17 Developing Interregional Electricity Interconnections 81
6.18 Energy Efficiency 81
7 Renewable Energy Policy, Colombia 83
7.1 Overview 83
7.1.1 Rural Electrification Fund 84
7.1.2 Efficient Lighting 84
7.1.3 Program of Rational and Efficient Use of Energy and Other Forms of Non-conventional Energy 84
7.1.4 Law 1665 (2013) and Law 1715 (2014) 85
7.2 Financial Incentives and Policy Support for Renewable Energy, Colombia 85
7.2.1 Funds Supporting Investment in Energy Projects 85
7.2.2 Renewable Energy Law, 2014 85
8 Renewable Energy Policy, Mexico 87
8.1 Overview 87
8.2 Mexico Renewable Energy Program 88
8.3 Law for Renewable Energy Usage and Energy Transition Financing 89
8.4 Special Program for the Use of Renewable Energy 90
8.5 Resolution on Net-Metering 91
8.6 National Energy Strategy 91
8.7 National Commission for the Efficient Use of Energy 91
8.8 Large-Scale Renewable Energy Development Project 92
8.9 Accelerated Depreciation for Environmental Investment 93
8.10 Wheeling Service Agreement for Electricity from Renewable Energy Sources 93
8.11 Methodology to Establish Service Charges for the Transmission of Renewable Electricity 94
8.12 Grid Interconnection Contract for Renewable Energy 94
8.13 Renewable Energy Outlook - Vision for 2030 on the Use of Renewable Energy in Mexico 95
8.14 Renewable Energy Promotion-PromovER 95
8.15 Integrated Energy Services Project, 2007-2014 96
8.16 Light in the House Program (Luz en Casa Oaxaca) 96
8.17 Financial Incentives and Policy Support for Wind 97
8.18 Resolution on Interconnection of large hydro plants 97
8.19 Geothermal Energy Act 97
8.20 Law for the Promotion and Development of Bioenergy 98
8.21 Sustainable Rural Development Project for the Promotion of Alternative Energy Sources in Agribusiness 98
8.22 Value Added Agribusiness Risk Sharing Schemes 99
8.23 Bioenergy Promotion and Development Law 100
8.24 Program for Financing of Electric Energy Saving 101
8.25 Guidelines establishing and issuing Clean Energy Certificates 101
8.26 Law for Sustainable Use of Energy and the National Program for the Sustainable Use of Energy 102
8.27 Energy Efficiency Program 103
8.28 Feasibility Study on Potential for Ethanol and Bio-Diesel Use and Production 103
8.29 Compact Fluorescent Lamp Market 103
8.30 Solar Water Heaters Program 104
9 Renewable Energy Policy, Peru 105
9.1 Overview 105
9.2 Legislative Decree 1002 105
9.3 The Electric Social Compensation Fund (FOSE) 106
9.4 Accelerated depreciation benefits 106
9.5 Energy Efficiency Development 106
9.5.1 Energy Efficiency Targets 106
10 Renewable Energy Policy, US 107
10.1 Overview 107
10.2 Federal Initiatives 108
10.2.1 Energy Independence and Security Act, 2007 108
10.2.2 Energy Improvement and Extension Act, 2008 108
10.2.3 American Recovery and Reinvestment Act, 2009 109
10.2.4 Production Tax Credits 110
10.2.5 Investment Tax Credits 111
10.2.6 Manufacturing Tax Credit 112
10.2.7 Rural Energy for America Program: Grants 112
10.2.8 Tribal Energy Program Grant 113
10.2.9 Clean Renewable Energy Bonds 113
10.2.10 Qualified Energy Conservation Bonds 114
10.2.11 US Department of Energy - Loan Guarantee Program 114
10.2.12 Modified Accelerated Cost Recovery System 115
10.2.13 Green Power Purchasing Goal 116
10.2.14 Residential Renewable Energy Tax Credit 117
10.3 Federal Initiatives for Solar Power 119
10.3.1 Solar America Initiative 119
10.3.2 SunShot Initiative 119
10.4 Federal Initiatives for Wind Power 120
10.5 Federal Initiatives for Biopower and Biofuels 120
10.5.1 Energy Policy Act - Alternative Fuels 120
10.5.2 Biorefinery Assistance Program 121
10.5.3 Clean Air Act Amendments of 1990 122
10.6 State-Level Incentives 122
10.6.1 Overview 122
10.6.2 Renewable Portfolio Standards 123
10.6.3 Renewable Energy Certificates 124
10.6.4 Public Benefits Funds for Renewable Energy 124
10.6.5 Interconnection Standards 125
10.6.6 Net Metering 126
10.6.7 Property Assessed Clean Energy 126
10.7 Renewable Energy Policy Framework, Iowa 127
10.7.1 Financial Incentives and Policy Support for Renewable Energy Sources, Iowa 127
10.7.2 Financial Incentives and Policy Support for Solar, Iowa 129
10.7.3 Financial Incentives and Policy Support for Wind, Iowa 130
10.8 Renewable Energy Policy Framework, Minnesota 131
10.8.1 Financial Incentives and Policy Support for Renewable Energy Sources, Minnesota 131
10.8.2 Financial Incentives and Policy Support for Wind, Minnesota 134
10.8.3 Financial Incentives and Policy Support for Hydropower, Minnesota 134
10.8.4 Financial Incentives and Policy Support for Bioenergy, Minnesota 134
10.9 Renewable Energy Policy Framework, Washington 135
10.9.1 Financial Incentives and Policy Support for Renewable Energy Sources, Washington 135
10.9.2 Financial Incentives and Policy Support for Solar, Washington 140
10.10 Renewable Energy Policy Framework, Colorado 140
10.10.1 Financial Incentives and Policy Support for Renewable Energy Sources, Colorado 140
10.11 Renewable Energy Policy Framework, Texas 146
10.11.1 Financial Incentives and Policy Support for Renewable Energy Sources, Texas 146
10.11.2 Financial Incentives and Policy Support for Solar, Texas 150
10.11.3 Financial Incentives and Policy Support for Wind, Texas 152
10.11.4 Financial Incentives and Policy Support for Bioenergy, Texas 153
10.12 Renewable Energy Policy Framework, California 154
10.12.1 Financial Incentives and Policy Support for Renewable Energy Sources, California 154
10.12.2 Financial Incentives and Policy Support for Solar, California 160
10.12.3 Financial Incentives and Policy Support for Wind, California 166
10.12.4 Financial Incentives and Policy Support for Hydropower, California 166
10.12.5 Financial Incentives and Policy Support for Geothermal, California 166
10.12.6 Financial Incentives and Policy Support for Bioenergy, California 167
10.13 Renewable Energy Policy Framework, Nevada 167
10.13.1 Financial Incentives and Policy Support for Renewable Energy Sources, Nevada 167
10.14 Renewable Energy Policy Framework, New Jersey 172
10.14.1 Financial Incentives and Policy Support for Renewable Energy Sources, New Jersey 172
10.14.2 Financial Incentives and Policy Support for Solar, New Jersey 180
11 Renewable Energy Policy, Venezuela 183
11.1 Overview 183
11.2 Development Plan for the National Electric System 183
11.3 Electric Service Law 183
11.4 Electricity Law 183
11.5 Law of Rational and Efficient Use of Energy 184
11.6 Renewable Energy Development 184
11.7 Decree 6994 184
11.8 Energy Efficiency 184
12 Appendix 186
12.1 Abbreviations 186
12.2 Bibliography 191
12.3 Coverage 192
12.4 Methodology 193
12.5 Disclaimer 193

1.1 List of Tables
Table 1: Renewable Energy Auctions, Brazil, 2007-2015 28
Table 2: Biodiesel and Mineral Diesel, Brazil, Federal Taxes 36
Table 3: Key Regulatory Authorities, Canada 43
Table 4: Renewable Energy Targets, Canada 45
Table 5: Feed-in Tariffs, Ontario, 2016 64
Table 6: Additional Price Incentives on Feed-in Tariff, Ontario, 2016 65
Table 7: Renewable Energy Generation Targets (%), Chile, 2014-2024 77
Table 8: Renewable Energy Market, US, Production Tax Credit ($/kWh), 2015 110
Table 9: Renewable Energy Market, US, Production Tax Credit, 2015 111
Table 10: Renewable Energy Market, US, Green Power Purchasing Goal (%), 2016-2025 116
Table 11: Renewable Power, US, Renewable Portfolio Standards, State Targets, 2016 123
Table 12: Renewable Energy Market, Washington, Renewable Energy Standards (%), 2012 and onward 136
Table 13: Renewable Energy Market, Washington, Member-Owned Renewable Energy Program Rate ($/kWh), 2010-2017 138
Table 14: Renewable Energy Market, Colorado, Capital Cost Threshold Rates, 2014 144
Table 15: Renewable Energy, Feed-in Tariffs, Marin County - California, 2016 156
Table 16: Renewable Energy, Feed-in Tariffs, Los Angeles - California, 2016 158
Table 17: Renewable Energy Feed-in Tariff Multiplier, Los Angeles - California, 2016 158
Table 18: Renewable Energy Market, California, Go Solar Campaign Program Components, 2007-2016 161
Table 19: Renewable Energy Market, California, California Solar Initiative Program Budget ($m), 2007-2016 162
Table 20: Renewable Energy Market, California, California Solar Initiative Rebate Levels by Incentive Step and Rebate Type, 2012 163
Table 21: Renewable Energy Market, California, California Solar Initiative, Details by Incentive Type, 2013 163
Table 22: Renewable Portfolio Standard, Nevada (%), 2005 and onward 169
Table 23: Renewable Energy Market, New Jersey, Renewable Portfolio Standards (%), 2004 onward 174
Table 24: Solar Alternative Compliance Payment ($/MWh), New Jersey, 2008-2016 181
Table 25: Abbreviations 186

1.2 List of Figures
Figure 1: Renewable Energy Market, Washington, Renewable Energy Standards (%), 2012 and onward 136
Figure 2: Renewable Energy Market, Nevada, Renewable Portfolio Standards (%), 2005 and onward 168

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