Legal sources on renewable energy

• Law on Electricity (Elektros Energetikos Istatymas - Valstybes zinios, No. 66-1984, 2000; No. 107-3964, 2004)
• Resolution No. 1474/2001 (Nutarimas Del teises aktu, butinu Lietuvos Respublikos elektros energetikos istatymui igyvendinti, patvirtinimo – Resolution on the Approval of the Legal Acts Necessary for the Implementation of the Law on Electricity)
• Resolution No. 7/2002 (Nutarimas Del Viesuosius Interesus Atitinkanciu Paslaugu Elektros Energetikos Sektoriuje Kainu - Valstybes zinios, No. 16-648, 2002 – Resolution on the Assessment of the Payment for Electricity Generated from Renewable Energy)
• Regulation No. D1-402 (Isakymas Del Lietuvos Respublikos Aplinkos Ministro 2003 M. Rugpjucio 29 D. Isakymo NR. 437 – Regulation on the Method of Funding and Managing Projects Subsidised by the Lithuanian Environmental Investment Fund)
• Regulation on Services of Public Interest (Isakymas Del Lietuvos Respublikos ukio ministro 2001 m. gruodžio 18 d. isakymo)
• Statutes of LEIF (Viesosios Istaigos Lietuvos Aplinkos Apsaugos Investiciju Fondas Istatai – Statutes of the Public Institution of the Lithuanian Environmental Investment Fund)

• Price regulation. In Lithuania, renewable electricity generation is promoted through a price regulation based on minimum prices. Operators of renewable electricity generation systems are entitled against the grid operator to payment for electricity fed into the grid. The total amount of electricity eligible for promotion through the price regulation is limited by statutory law and depends on the source of energy used.
• Subsidies. In Lithuania, subsidies are granted by the Lithuanian Environmental Investment Fund (LEIF). LEIF subsidises only those projects that aim to reduce environmental damage in the long term. These projects include renewable electricity generation systems.

Basically, all technologies used for the generation of electricity from renewable sources are eligible for at least one means of promotion.

Only electricity generated within Lithuania or projects and plants within Lithuania are eligible. Electricity generated abroad or plants and projects outside Lithuania are not eligible for promotion.

The price regulation is financed by the final consumers through electricity prices. The subsidies provided by the Lithuanian Environmental Investment Fund are financed by income from the so-called pollution tax, allocations from federal and municipal budgets, and by European Union funds.