The agreement involves preserving the law known as 33-A/2005, which regulates incentives for wind farms, but also offering an option for a new framework that allows an extension of feed-in tariff periods from the 15 years envisaged in the law to a duration of 20-22 years.
This comes in exchange for an annual payment by the developers that take up the option from 2013 through to 2020, which will be used to reduce Portugal’s electricity costs.
The
