Fabian Demicoli

Feed in tariffs scheme extended by three months


The feed in tariffs scheme for industrial and commercial
scale installations which expired on June 30 has been extended for three months
pending replacement. Hence the scheme will now end on September 30. GRTU has
been the prime instigator of such a move and is therefore very pleased to see
its proposal taken up.

The Energy Ministry stated that it will launch a set
of new tariffs applicable to such installations. This will ensure continuity as
well as support Malta's efforts towards reaching its 2020 Renewable Energy
Targets. The Ministry continued by stating that it is aware that PV system prices
have fallen since the inception of the current feed in tariff schemes, however
it is too early to access the market impact of the impending higher
anti-dumping tariffs which should become affective in August 2013.

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