Law on Power Industry, No 588-II
This legislation contains broad directives about managing the country’s power resources, distribution of power and energy priorities. It establishes a list of priorities for future regulation and policy related to the power industry. Included in those priorities are the development of renewable energy sources and the rational and efficient use of current sources (thus reducing the amount of energy consumed). It also explains that regulation includes passing of technological standards to increase efficiency.
It grants the government the authority and obligation to develop and implement policy along the framework established in this law; thus facilitating the implementation of climate change policies without legislative debate and approval.
