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Climate Change Laws of the World
Iran

The Law of Governmental Financial Provisions

Legislative
Law
Passed in 2006
This Law was authorised by the 4th FYDP in order to attract investment from the non-governmental sector in producing electricity from renewable sources. The Ministry of Energy is obliged to purchase produced electricity from private and state owned power plants at a guaranteed price. This price will be proposed by the National Management and Planning Organisation.
A feed-in tariff for renewables was set in 2008 by the Council of Ministers at IRR1,300/kWh (USD0.048) for peak and normal load hours, and IRR900/kWh (USD0.033) for off-peak hours. To reduce the consumption of fossil fuels and to encourage investment in renewables, it establishes a rate of at least IRR650/KWh (USD0.024) for peak and normal hours, and at least IRR450/KWh (USD0.017) for off-peak hours (Maximum 4 hours per day/night).
Documents
from the Grantham Research Institute
from the Grantham Research Institute
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