Electricity Subsector Framework Law (Ley Marco Subsector Electrico)

The law is regulated by Accord 934 of 1997 and it stipulates the norms for the electricity subsector. It covers several aspects including generation, transmission, distribution, the national interconnected system, relations between the user and distributors and the protection and conservation of the environment.

The law establishes that the National Electric Energy Company (Empresa Nacional de Energía Eléctrica, ENEE) must give priority to the development of renewable energy projects when the present value of their generation does not exceed more than a ten percent of the present value of the optimal generation technology.

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