The energy amendment includes several regulations that incorporate the promotion of renewables; nevertheless the harsh reality of this country is that it is clearly lagging behind, especially if we take into account the development in other countries and the potential capacity in this matter.

Without clear and true tax incentives, investing in these green energies is less than attractive.

Moreover, I consider the application processes for environmental permits required for green projects need to be more expeditious, and a way could be to include specific environmental impact assessment or a preventive report for this kind of projects. Without efficient and prompt procedures, as it is nowadays, the renewables will not be developed as expected.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.