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ARTICLE · 05 MAY 2015

Entry Into Force Of The RES Bill

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On 4 May 2015 the Act of 20 February 2015 on renewable energy sources (the "RES Bill") enters into force.

RussiaEnergy and Natural Resources

On 4 May 2015 the Act of 20 February 2015 on renewable energy sources (the "RES Bill") enters into force. The RES Bill is a new act aimed at comprehensively regulating the sector of renewable energy sources ("RES") which also introduces numerous amendments to certain legal acts in effect, including the Act of 10 April 1997 on energy law ("Energy Law"). The provisions coming into force as of 4 May 2015 do not include, however, chapter IV of the RES Bill (with a few exceptions) pertaining to the support for RES installations as the entry into force of these provisions has been postponed until 1 January 2016.

Due to its vagueness and lack of precision in regulating some issues of key importance to the functioning of the RES sector, the RES Bill raises serious doubts among market players. It was promulgated more than two months ago, which is ample time to become utterly familiar with its regulations, however it is still problematic to find satisfactory and unambiguous

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