Newsletter-21

302 NEWSLETTER 2016 Key Points Regarding the Draft Regulation on Renewable Energy Resource Areas* Att. Firat Coskun Introduction With the intention of finalizing the investments on renewable energy resources in due time with the contribution of state incen- tives regarding locally produced equipment, the Draft Regulation on Renewable Energy Resource Areas prepared with the purpose of annulling the Regulation on Determination, Evaluation, Protection and Utilization of Renewable Energy Resource Areas in relation to Electricity Generation published in Official Gazette dated 27 Novem- ber 2013 and numbered 28834 was published. The purpose of Draft Regulation on Renewable Energy Resource Areas (“Draft”) is to pro- vide the productive utilization of resources, completion of investments efficiently and domestically, and procurement of equipment to be used in electricity generation facilities, by establishing large-scaled energy resource areas on the lands allocated that are public, treasury and pri- vate properties. This newsletter article examines the provisions of the Draft Regulation in question. Principles and Criteria Concerning the Determination and Grading of RERAs Pursuant to Article No. 5 of the Draft, technical and administra- tive examinations on the determination of renewable energy resource areas (“RERA”) are conducted by the General Directorate of Renew- able Energy (“General Directorate”). The Ministry of Energy and Natural Resources (“Ministry”) evaluates RERAs by criteria, such as type, potential and unit electricity cost of the resource, and decides * Article of July 2016