Renewable Energy Source Act

The Renewable Energy Source Act is legislation that promotes the use of renewable resources like solar, wind, water, and biomass for generating electricity. It aims to increase the share of clean energy in the power supply, reduce reliance on fossil fuels, and lower greenhouse gas emissions. The act often includes policies such as feed-in tariffs, which guarantee fixed payments to producers of renewable energy, encouraging investment and development in this sector. Overall, it seeks to support sustainable energy growth while ensuring stable and affordable power supply for consumers.