Abstract

The article analyzes the political and legal features of the organization of renewable energy activities in Iceland. It is designed by the relevance of using renewable energy as one of the safest for the environment, natural resources, health and life of the population. The choice of Icelandic legislation in this area is based on 85% of all primary energy of Iceland are renewable sources; a full-fledged legislation has been created in Iceland. The provisions of the National Plan for the Development of Renewable Sources were studied in 2014, which determines the direction of state internal and external energy policy. The basic legislative acts that regulate various aspects of renewable energy development in Iceland: The Law on National Energy Company and the Act of electricity produced using renewable sources. The legal status and competence of state bodies is involved in the process of making and implementing energy relevant decisions in this area, namely: Ministry of Industry and Innovation and National Energy Agency.Keywords: renewable energy, energy law, energy law of Iceland, energy origin guarantee, natural resources, Icelandic politics.JEL Classifications: C30, D12, Q41, Q48DOI: https://doi.org/10.32479/ijeep.9047

Highlights

  • The problem of ensuring human energy and fuel, which, will be preserved in the future

  • Landsvirkjun National Energy Company, in particular approval and the publication of an annual performance report, including information contained in the financial statements, mandatory audits, especially the conclusion of contracts with some entities (Table 1)

  • The purpose of this legal document is to this consists in promoting the use of renewable energy or cogeneration, as well as creating conditions for trade in this type of energy, including the establishment of a guarantee of the origin of electricity produced renewable energy or cogeneration

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Summary

INTRODUCTION

The problem of ensuring human energy and fuel, which, will be preserved in the future. One of the main reasons for this situation is the rapid growth in demand of mineral fuels in the 20-21 centuries, caused by supply discovery and exploitation of huge oil and gas fields in Western Siberia, Alaska, on the shelf of the North Sea, and on the demand side. Increasing the production of fuel and energy resources has led to a serious deterioration of the environmental situation, as well as cases of irrational natural use of natural and energy resources, violation of law on the favorable environment of man and citizen. Germany, Norway, Spain and other states of their energy policy in this area.

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