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Insufficient availability of primary energy sources means that the Republic of Belarus (RB) depends greatly
on oil and gas imports (ECS, 2013). The government therefore seeks to ensure energy security through a
range of policies. These include a diversification of the energy mix by increasing the use of renewable energy
sources and local fuels (ECS, 2013). The Law of RB on Renewable Energy Sources defines energy producers’
rights and sets prices for power produced from renewable sources. Individual entrepreneurs and legal entities
that do not belong to Belenergo SPA, the major state owned energy company, are eligible for feed-in tariffs.
The tariffs are determined by coefficients on the tariffs for industrial and equivalent consumers with con-
nected capacity of up to 750 kVA. They are also subject to the exchange rate between the US dollar and the
Belarusian ruble.
Belarus
General Country
Information
Population: 9,464,000
Surface Area: 207,600 km²
Capital City: Minsk
GDP (2012): $ 63.3 billion
GDP Per Capita (2012): $ 6,685
WB Ease of Doing Business: 63
Sources: Raslavicius (2012); WWEA (2013); Ministry of Energy of the Republic of Belarus (2013); ECS (2013); EBRD (2002); World
Bank (2014); Renewable Facts (2013); EIA (2013); SRS NET & EEE (2008); Hoogwijk and Graus (2008); Hoogwijk (2004); JRC (2011);
and UNDP calculations
R E N E W A B L E E N E R G Y S N A P S H O T :
Key information about renewable energy in Belarus
Empowered lives.
Resilient nations.
0.27%
RE Share
8,926 MW
Total Installed Capacity
Biomass Solar PV Wind Small Hydro
6 < 1 1.9 16.1
2,400 283,000 96,800 300
24 MW
Installed RE Capacity
Electricity Generating
Capacity 2012
Installed Renewable Electricity
Capacity 2012 in MW
Technical Potential for Installed
Renewable Electricity Capacity in MW
It is estimated that, until 2020, $45.5 billion in capital investment will be required for the energy sector (Raslavicius,
2012). Despite a wide range of existing incentive schemes for renewable energy, interest from foreign and local
investors has so far been moderate. But according to theWorld Bank’s Ease of Doing Business, starting a business
(RB is ranked in 15th
position) and property registration (3rd) is relatively cheap and uncomplicated (IFC & World
Bank, 2014).
There are several strategic policy documents on renewable energy. The Strategy for Energy Potential Develop-
ment states that local fuels and renewable energy shall have a share of not less than 30 percent and 32 percent
in renewable heat energy production by 2015 and 2020 respectively (ECS, 2013).There are also other investment
incentives in addition to the feed-in tariffs. The state guarantees complimentary access for renewable energy
producers to the power grid. Purchase of produced energy is ensured by the state-owned supplying organiza-
tions. Imported equipment required for the implementation of renewable energy production plants is exempt
from value added tax.There are also exemptions from land taxes. Investment in one of Belarus’six Free Economic
Zones offers further incentives, such as no custom duties for imported raw materials and equipment, a guarantee
for a fixed legislation of seven years and tax exemption on real estate. Cooperation with the state in investment
has additional benefits, because investors often have scope to recommend and economically justify the terms
of the investment contracts.
Legislation and policy
R E N E W A B L E E N E R G Y S N A P S H O T :
Eligible technologies Multiplying ratios Feed-in-tariff in $/Mw-h
First 10 years After 10 years First 10 years After 10 years
Electricity from biogas, wood, hydro, wind,
and geothermal sources
1.3 0.85 184 122
Electricity from solar sources 3 0.85 422 122
Source: ECS (2013) and UNDP calculations
Belarus
Institutions
Organization Responsibility Website
Ministry of Energy - Shapes legislation for electricity generated by legal
entities and individual entrepreneurs from renew-
able sources
www.minenergo.gov.by/en
Ministry of Natural
Resources and Environment
- Issues certificates confirming the origin of energy
- Identifies suitable locations for power plants
www.minpriroda.gov.by/en/
Ministry of Economy - Sets tariffs for energy produced from renewable
sources
- Protects producers from unfair competition
www.economy.gov.by/en
Belenergo SPA - Owns 95 percent of the installed capacity
- Operates Belarusian energy system, generates dis-
tributes and sells electricity
www.energo.by/news/p11.htm
Department for Energy
Efficiency of the State
Standardization Committee
- Initiates, elaborates, coordinates and supervises the
State and Local Energy Efficiency and Renewable En-
ergy Development Programmes
- Represents Belarus at the IRENA
www.energoeffekt.gov.by/
National Agency
of Investment
and Privatization
- Assists foreign investors in market information acqui-
sition and consolidates with local key stakeholders
and authorities
www.investinbelarus.by/en/
Opportunities to finance renewable energy projects in Belarus
Financing organization Details Website
BelSEFF $50 million credit line is available for private and pub-
lic Belarusian companies investing in renewable en-
ergy projects which have a positive net present value
over a 10-year period by using an 8 percent discount
rate in hard currency cash flows.
www.belseff.by/en
European Bank
for Reconstruction
and Development (EBRD)
Provides renewable energy developers with equity,
loans and loan guarantees for projects with good
commercial prospects of up to 15 years’duration.
www.ebrd.com/pages/workingwithus/pro
jects.shtml
Nordic Environment Finance
Corporation (NEFCO)
Funds private investors of projects that, for example,
cooperate with municipalities and other authorities in:
- Subscriptions of equity and shares, facilitating mobi-
lization of the necessary equity base for a project.
- Medium and long-term loans and guarantees.
www.nefco.org
Eurasian Development
Bank (EDB)
Prioritizes investment in power generating renewable
energy projects by granting debt from $30 to $100
million.
www.eabr.org/e/
Belarus
References
Energy Charter Secretariat (ECS), 2013: In-Depth Review
of the Energy Efficiency Policy of the Republic of
Belarus. Available at:
www.encharter.org/fileadmin/user_upload/Publication
s/Belarus_EE_2013_ENG.pdf
European Bank for Reconstruction and Development
(EBRD), 2002: Renewable Energy Resource Assessment -
Renewable Energy Country Profile Belarus. Available at:
http://ws2-23.myloadspring.com/sites
/renew/Shared%20Documents/Country%20Notes/old
%20website%20country%20profiles/Belarus.pdf
Hoogwijk, M., 2004: On the global and regional
potential of renewable energy sources. Utrecht:
Universiteit Utrecht, Faculteit Scheikunde. Dissertation.
Available at: http://igitur-archive.library.uu.nl/
dissertations/2004-0309-123617/full.pdf
Hoogwiijk, M. andW. Graus, 2008: Global Potential of
Renewable Energy Sources: A Literature Assessment.
Available at: www.ecofys.com/files/files/
report_global_potential_of_renewable_energy_
sources_a_literature_assessment.pdf
International Finance Corporation (IFC) andWorld Bank,
2014: Doing Business – Measuring Business
Regulations. Available at: www.doingbusiness.org/
data/exploreeconomies/belarus/
Joint Research Centre of the European Commission
(JRC), 2011:Technical Assessment of the Renewable
Energy Action Plans. Available at:
http://ec.europa.eu/dgs/jrc/downloads/jrc_reference_r
eport_2011_reap.pdf
Ministry of Energy, Republic of Belarus, 2013: Belarusian
Energy System Installed Capacity. Available at:
www.odu.by/ index.php?lang=rus&link=basics2007
(Russian)
Raslavicius, L., 2012: Renewable Energy Sector in Belarus
– A review, in: Renewable and Sustainable Energy
Reviews (16): 5399-5413
Renewable Facts, 2013: Belarus. Available at:
www.renewablefacts.com/country/belarus
Scientific Reference System on New Energy
Technologies, Energy End-use Efficiency and Energy
(SRS NET & EEE), 2008:WP3-Technology data - Executive
Summary on Small Hydro. Available at:
http://srs.epu.ntua.gr/Portals/SRS/material/technologyr
eview/Small%20Hydro.pdf
World Bank, 2014: Data Catalog. Available at:
http://datacatalog.worldbank.org/
WorldWind Energy Association (WWEA), 2013: 2012
Annual Report. Available at:
www.wwindea.org/webimages/WorldWindEnergyRep
ort2012_final.pdf
U.S. Energy Information Administration (EIA). 2013:
Levelized Cost of New Generation Resources in the
Annual Energy Outlook 2013. Available at:
www.eia.gov/forecasts/aeo/electricity_generation.cfm
Recent projects
Company Project Status
MWH Global
(Italy)
EBRD-funded project to strengthen international co-
operation by raising awareness of the Belarus market
potential and attracting foreign investors.
Under development
HEAG (China) Constructed a 1.5MW wind power station in Grabniki,
Novogrudok region.
Commissioned
TRIPLE (Belarus) Construction of a 25 MW wind farm (2015). Wind
measurements completed.
Under development
GrodnoEnergo (Belarus) 17 MW hydropower plant constructed and opera-
tional since 2013.
Commissioned

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Belarus

  • 1. Insufficient availability of primary energy sources means that the Republic of Belarus (RB) depends greatly on oil and gas imports (ECS, 2013). The government therefore seeks to ensure energy security through a range of policies. These include a diversification of the energy mix by increasing the use of renewable energy sources and local fuels (ECS, 2013). The Law of RB on Renewable Energy Sources defines energy producers’ rights and sets prices for power produced from renewable sources. Individual entrepreneurs and legal entities that do not belong to Belenergo SPA, the major state owned energy company, are eligible for feed-in tariffs. The tariffs are determined by coefficients on the tariffs for industrial and equivalent consumers with con- nected capacity of up to 750 kVA. They are also subject to the exchange rate between the US dollar and the Belarusian ruble. Belarus General Country Information Population: 9,464,000 Surface Area: 207,600 km² Capital City: Minsk GDP (2012): $ 63.3 billion GDP Per Capita (2012): $ 6,685 WB Ease of Doing Business: 63 Sources: Raslavicius (2012); WWEA (2013); Ministry of Energy of the Republic of Belarus (2013); ECS (2013); EBRD (2002); World Bank (2014); Renewable Facts (2013); EIA (2013); SRS NET & EEE (2008); Hoogwijk and Graus (2008); Hoogwijk (2004); JRC (2011); and UNDP calculations R E N E W A B L E E N E R G Y S N A P S H O T : Key information about renewable energy in Belarus Empowered lives. Resilient nations. 0.27% RE Share 8,926 MW Total Installed Capacity Biomass Solar PV Wind Small Hydro 6 < 1 1.9 16.1 2,400 283,000 96,800 300 24 MW Installed RE Capacity Electricity Generating Capacity 2012 Installed Renewable Electricity Capacity 2012 in MW Technical Potential for Installed Renewable Electricity Capacity in MW
  • 2. It is estimated that, until 2020, $45.5 billion in capital investment will be required for the energy sector (Raslavicius, 2012). Despite a wide range of existing incentive schemes for renewable energy, interest from foreign and local investors has so far been moderate. But according to theWorld Bank’s Ease of Doing Business, starting a business (RB is ranked in 15th position) and property registration (3rd) is relatively cheap and uncomplicated (IFC & World Bank, 2014). There are several strategic policy documents on renewable energy. The Strategy for Energy Potential Develop- ment states that local fuels and renewable energy shall have a share of not less than 30 percent and 32 percent in renewable heat energy production by 2015 and 2020 respectively (ECS, 2013).There are also other investment incentives in addition to the feed-in tariffs. The state guarantees complimentary access for renewable energy producers to the power grid. Purchase of produced energy is ensured by the state-owned supplying organiza- tions. Imported equipment required for the implementation of renewable energy production plants is exempt from value added tax.There are also exemptions from land taxes. Investment in one of Belarus’six Free Economic Zones offers further incentives, such as no custom duties for imported raw materials and equipment, a guarantee for a fixed legislation of seven years and tax exemption on real estate. Cooperation with the state in investment has additional benefits, because investors often have scope to recommend and economically justify the terms of the investment contracts. Legislation and policy R E N E W A B L E E N E R G Y S N A P S H O T : Eligible technologies Multiplying ratios Feed-in-tariff in $/Mw-h First 10 years After 10 years First 10 years After 10 years Electricity from biogas, wood, hydro, wind, and geothermal sources 1.3 0.85 184 122 Electricity from solar sources 3 0.85 422 122 Source: ECS (2013) and UNDP calculations
  • 3. Belarus Institutions Organization Responsibility Website Ministry of Energy - Shapes legislation for electricity generated by legal entities and individual entrepreneurs from renew- able sources www.minenergo.gov.by/en Ministry of Natural Resources and Environment - Issues certificates confirming the origin of energy - Identifies suitable locations for power plants www.minpriroda.gov.by/en/ Ministry of Economy - Sets tariffs for energy produced from renewable sources - Protects producers from unfair competition www.economy.gov.by/en Belenergo SPA - Owns 95 percent of the installed capacity - Operates Belarusian energy system, generates dis- tributes and sells electricity www.energo.by/news/p11.htm Department for Energy Efficiency of the State Standardization Committee - Initiates, elaborates, coordinates and supervises the State and Local Energy Efficiency and Renewable En- ergy Development Programmes - Represents Belarus at the IRENA www.energoeffekt.gov.by/ National Agency of Investment and Privatization - Assists foreign investors in market information acqui- sition and consolidates with local key stakeholders and authorities www.investinbelarus.by/en/ Opportunities to finance renewable energy projects in Belarus Financing organization Details Website BelSEFF $50 million credit line is available for private and pub- lic Belarusian companies investing in renewable en- ergy projects which have a positive net present value over a 10-year period by using an 8 percent discount rate in hard currency cash flows. www.belseff.by/en European Bank for Reconstruction and Development (EBRD) Provides renewable energy developers with equity, loans and loan guarantees for projects with good commercial prospects of up to 15 years’duration. www.ebrd.com/pages/workingwithus/pro jects.shtml Nordic Environment Finance Corporation (NEFCO) Funds private investors of projects that, for example, cooperate with municipalities and other authorities in: - Subscriptions of equity and shares, facilitating mobi- lization of the necessary equity base for a project. - Medium and long-term loans and guarantees. www.nefco.org Eurasian Development Bank (EDB) Prioritizes investment in power generating renewable energy projects by granting debt from $30 to $100 million. www.eabr.org/e/
  • 4. Belarus References Energy Charter Secretariat (ECS), 2013: In-Depth Review of the Energy Efficiency Policy of the Republic of Belarus. Available at: www.encharter.org/fileadmin/user_upload/Publication s/Belarus_EE_2013_ENG.pdf European Bank for Reconstruction and Development (EBRD), 2002: Renewable Energy Resource Assessment - Renewable Energy Country Profile Belarus. Available at: http://ws2-23.myloadspring.com/sites /renew/Shared%20Documents/Country%20Notes/old %20website%20country%20profiles/Belarus.pdf Hoogwijk, M., 2004: On the global and regional potential of renewable energy sources. Utrecht: Universiteit Utrecht, Faculteit Scheikunde. Dissertation. Available at: http://igitur-archive.library.uu.nl/ dissertations/2004-0309-123617/full.pdf Hoogwiijk, M. andW. Graus, 2008: Global Potential of Renewable Energy Sources: A Literature Assessment. Available at: www.ecofys.com/files/files/ report_global_potential_of_renewable_energy_ sources_a_literature_assessment.pdf International Finance Corporation (IFC) andWorld Bank, 2014: Doing Business – Measuring Business Regulations. Available at: www.doingbusiness.org/ data/exploreeconomies/belarus/ Joint Research Centre of the European Commission (JRC), 2011:Technical Assessment of the Renewable Energy Action Plans. Available at: http://ec.europa.eu/dgs/jrc/downloads/jrc_reference_r eport_2011_reap.pdf Ministry of Energy, Republic of Belarus, 2013: Belarusian Energy System Installed Capacity. Available at: www.odu.by/ index.php?lang=rus&link=basics2007 (Russian) Raslavicius, L., 2012: Renewable Energy Sector in Belarus – A review, in: Renewable and Sustainable Energy Reviews (16): 5399-5413 Renewable Facts, 2013: Belarus. Available at: www.renewablefacts.com/country/belarus Scientific Reference System on New Energy Technologies, Energy End-use Efficiency and Energy (SRS NET & EEE), 2008:WP3-Technology data - Executive Summary on Small Hydro. Available at: http://srs.epu.ntua.gr/Portals/SRS/material/technologyr eview/Small%20Hydro.pdf World Bank, 2014: Data Catalog. Available at: http://datacatalog.worldbank.org/ WorldWind Energy Association (WWEA), 2013: 2012 Annual Report. Available at: www.wwindea.org/webimages/WorldWindEnergyRep ort2012_final.pdf U.S. Energy Information Administration (EIA). 2013: Levelized Cost of New Generation Resources in the Annual Energy Outlook 2013. Available at: www.eia.gov/forecasts/aeo/electricity_generation.cfm Recent projects Company Project Status MWH Global (Italy) EBRD-funded project to strengthen international co- operation by raising awareness of the Belarus market potential and attracting foreign investors. Under development HEAG (China) Constructed a 1.5MW wind power station in Grabniki, Novogrudok region. Commissioned TRIPLE (Belarus) Construction of a 25 MW wind farm (2015). Wind measurements completed. Under development GrodnoEnergo (Belarus) 17 MW hydropower plant constructed and opera- tional since 2013. Commissioned