North and South America Renewable Energy Policy Handbook 2025

1.1 2025 US Tariff will slow down renewable energy development across the Americas
1.2 OBBB shifts renewable energy dynamics in the US

3.1 Renewable Energy Market, Overview
3.2 Policy Snapshot
3.3 Renewable Energy Targets
3.4 National Energy Transition Plan to 2030
3.5 Law 27.191
3.6 Term Market from Renewable Energy Sources (MATER)
3.7 Renewable Energy Auctions

4.1 Renewable Energy Market, Overview
4.2 Policy Snapshot
4.3 Renewable Energy Targets
4.4 Hydrogen Energy
4.5 Auctions
4.6 National Electricity Conservation Program - PROCEL
4.7 National Energy Plan (PNE)
4.8 10 Year Energy Expansion Plan, (PDE) 2029
4.9 National Energy Transition Policy
4.10 Incentives for Small Hydropower Facilities, Law 9658
4.11 Wind Turbine Component Tax Exemption (Executive Decree 656)
4.12 Net Metering for Distributed Generation

5.1 Renewable Energy Market, Overview
5.2 Federal Programs, Canada
5.3 Renewable Energy Policy Framework, Alberta
5.4 Renewable Energy Policy Framework, British Columbia
5.5 Renewable Energy Policy Framework, Manitoba
5.6 Renewable Energy Policy Framework, New Brunswick (NB)
5.7 Renewable Energy Policy Framework, Newfoundland and Labrador
5.8 Renewable Energy Policy Framework, Northwest Territories (NWT)
5.9 Renewable Energy Policy Framework, Nova Scotia
5.10 Renewable Energy Policy Framework, Ontario
5.11 Renewable Energy Policy Framework, Prince Edward Island (PEI)
5.12 Renewable Energy Policy Framework, Quebec
5.13 Renewable Energy Policy Framework, Saskatchewan

6.1 Renewable Energy Market, Overview
6.2 Policy Snapshot
6.3 Renewable Energy Targets
6.4 National Energy Policy
6.5 National Green Hydrogen Strategy
6.6 Non-Conventional Renewable Energy Law (NCRE Law): Law 20.257
6.7 Energy 2050 Roadmap
6.8 Tenders/Auctions
6.9 Clean Technology Fund
6.10 Invest Chile Project
6.11 Carbon Tax
6.12 PMGD (Pequeños Medios de Generación Distribuidos) programme - Small Generation Means
6.13 Law 19.657 on geothermal energy concessions
6.14 Net Metering/Billing: Law 20.571
6.15 Sustainable Hydroelectricity Platform
6.16 National Action Plan on Climate Change (PANCC-II), 2017-2022

7.1 Renewable Energy Market, Overview
7.2 Policy Snapshot
7.3 Renewable Energy Targets
7.4 Funds Supporting Investment in Energy Projects
7.5 Auctions
7.6 Colombia Solar Program
7.7 National Energy Plan 2050 (PEN)
7.8 Law 1665 (2013)
7.9 Law 1715 (2014)
7.10 Energy Transition Law (Law 2099)
7.11 Decree 0570
7.12 Decree 348 of 2017 (Decreto 348 del 1 de marzo de 2017)
7.13 Generation and Transmission Expansion Plan
7.14 Net Metering - 2018 Resolution CREG 030
7.15 Ten milestones for the mining sector
7.16 Hydrogen Roadmap
7.17 Nationally Determined Contribution
7.18 Sovereign Green bond
7.19 Tax incentives

8.1 Renewable Energy Market, Overview
8.2 Policy Snapshot
8.3 Renewable Energy Targets
8.4 New Energy Laws
8.5 Electricity Industry Law
8.6 Clean Energy Certificates
8.7 The Strengthening and Expansion Plan for the National Electric System (2025-2030)
8.8 National Electric System Development Program (PRODESEN) 2024-2038
8.9 Auction Mechanism
8.10 Net-Metering/Net Billing
8.11 21st Century Power Partnership (21CPP)
8.12 Accelerated Depreciation
8.13 Wheeling Service Agreement for Electricity from Renewable Energy Sources
8.14 Income Tax Exemption
8.15 Resolution on Interconnection of large hydro plants
8.16 Geothermal Energy Act
8.17 Geothermal Law
8.18 Law for the Promotion and Development of Bioenergy

9.1 Renewable Energy Market, Overview
9.2 Policy Snapshot
9.3 Renewable Energy Targets
9.4 Green Hydrogen Promotion Law
9.5 Legislative Decree 1002
9.6 Climate Change Framework Law
9.7 Auctions
9.8 Net Metering
9.9 National Energy Plan, 2010-2040
9.10 The Electric Social Compensation Fund (FOSE)
9.11 National Rural Electrification Plan
9.12 General Law for Rural Electrification
9.13 New Regulations of Electricity Generation from Renewable Energy
9.14 Organic Law on Geothermal Resources

10.1 Federal Initiatives, US
10.2 Common State-Level Incentives

11.1 Alabama SAVES Revolving Loan Program
11.2 Local Government Energy Loan Program
11.3 Tax Incentive for Renewable Energy Facilities

12.1 Renewable Energy Targets
12.2 Net Metering
12.3 Local Option - Property Tax Exemption for Renewable Energy Systems
12.4 Interconnection Standards
12.5 Power Project Loan Fund
12.6 Golden Valley Electric Association (GVEA) - Sustainable Natural Alternative Power (SNAP) program
12.7 Alaska Solar Easements

13.1 Renewable Energy Targets
13.2 Energy Modernization Plan
13.3 Renewable Portfolio Standards
13.4 Net Metering/Billing
13.5 Mohave Electric Cooperative - Renewable Energy Incentive Program
13.6 Residential Solar and Wind Energy Systems Tax Credit
13.7 Renewable Energy Production Tax Credit
13.8 Duncan Valley Electric Cooperative - Sun watts Rebate Program
13.9 Interconnection Standards
13.10 Solar Construction Permitting Standards
13.11 Solar & Wind Equipment Certification
13.12 Solar and Wind Equipment Sales Tax Exemption
13.13 Arizona Solar Rights
13.14 City of Phoenix - Renewable Energy Goal
13.15 Solar Design Standards for State Buildings
13.16 Abandonment of 100% Clean Energy Rules

14.1 Net Metering
14.2 Interconnection Standards
14.3 Wind Energy Manufacturing Tax Incentive

15.1 Financial Incentives and Policy Support for Renewable Energy Sources, California
15.2 Financial Incentives and Policy Support for Solar, California
15.3 Hydrogen Energy

Table 1: Renewable Energy Policy, North and South America
Table 2: Policy Snapshot, Argentina, 2024
Table 3: Renewable Energy Targets, Argentina, 2018-2030
Table 4: RenMDI Auction Results 2023
Table 5: Renewable Energy Auctions- Awarded, Argentina
Table 6: Allocated Projects, Argentina, Auctions, Round 1
Table 7: Allocated Projects, Argentina, Auctions, Round 1.5
Table 8: Allocated Projects, Argentina, Auctions, Round 2
Table 9: Allocated Projects, Argentina, Auctions, Round 3
Table 10: Policy Snapshot, Brazil, 2024
Table 11: Brazil, Renewable Auctions, 2015-2022
Table 12: Key Regulatory Authorities, Canada
Table 13: Renewable Energy Targets, Federal and Provincial, Canada
Table 14: Policy Snapshot, Canada, 2024
Table 15: Canada Carbon Rebate Payment Quarterly Breakdown (From July 2025):
Table 16: Hydrogen Energy Strategy, Canada, 2020-2050
Table 17: Investments for 2030 Energy Strategy by Strategic Objective, NWT, 2022-2025
Table 18: Solar Electric Rebate Program Incentive, Prince Edward Island, Canada, 2024
Table 19: Onshore Wind Tender Result, Canada, 2024
Table 20: Policy Snapshot, Chile, 2024
Table 21: Chile, Renewable Energy Projects funded from CTF
Table 22: Policy Snapshot, Colombia, 2024
Table 23: Policy Snapshot, Mexico, 2024
Table 24: Auction 1, Winners, Mexico, March 2016
Table 25: Auction 2, Winners, Mexico, September 2016
Table 26: Auction 3, Winners, Mexico, November 2017
Table 27: Policy Snapshot, Peru, 2024
Table 28: Peru Renewable Policy, Auctions
Table 29: U.S. Reciprocal Tariff (Effective since April 2025)
Table 30: Renewable Energy Project Tax Components and changes with new tax code, US
Table 31: Renewable Energy Market, US, Investment Tax Credit
Table 32: Renewable Energy Market, US, Green Power Purchasing Goal (%), 2018-2025
Table 33: Renewable Energy Market, US, Sun shot Progress and Goals
Table 34: Renewable Energy Market, US, Renewable Portfolio Standards, State Targets
Table 35: Renewable Energy Market, US, Renewable Portfolio Standards, State Targets
Table 36: Renewable Energy Targets, California, Renewable Portfolio Standard Targets (%)
Table 37: FiTs, MCE, California, 2023
Table 38: FiTs, LADWP, Los Angeles, California, 2023
Table 39: Renewable Energy Market, California, Solar PV Requirements for New Homes
Table 40: Renewable Portfolio Standards (%), Connecticut
Table 41: Renewable Portfolio Standards (%), Delaware
Table 42: Green Energy Program Incentives, Delmarva Power, Delaware
Table 43: Tier Definitions for SREC Procurement Program, Delmarva Power, Delaware
Table 44: Tier Definitions for SREC Spot Market Program, Delmarva Power, Delaware
Table 45: Renewable Portfolio Standards (%), Hawaii
Table 46: CGS Plus Tariff, Hawaii, 2024
Table 47: CGS Plus Capacity, Hawaii, 2024
Table 48: Smart Export Tariffs, Hawaii, 2024
Table 49: Renewable Energy Auctions, Upcoming Projects, Hawaii
Table 50: Renewable Energy Auctions, Hawaii, 2023 - 2024
Table 51: Renewable Energy Auctions, Oahu, Hawaii, 2020
Table 52: Interconnection Standards, Iowa
Table 53: Distributed Generation Penetration, Net Metering, Iowa
Table 54: Interconnection Standards, Kentucky
Table 55: NEB Program, Maine
Table 56: NEB Original Tariff Rate Program, $/kWh rates, Qualified Facilities, Maine, 2025
Table 57: NEB Alternative Tariff Rate Program, $/kWh rates, Maine, 2025
Table 58: DG Program, Maine
Table 59: Renewable Portfolio Standards (%), Maryland
Table 60: SMART Program Capacity Allocation, Massachusetts
Table 61: Renewable Portfolio Standards, Minnesota
Table 62: Interconnection Standards, Fast Track Process, Minnesota
Table 63: Interconnection Standards, Mississippi
Table 64: Interconnection Standards, Mississippi
Table 65: Interconnection Standards, Missouri
Table 66: Interconnection Standards, Montana
Table 67: Renewable Portfolio Standards (%), New Hampshire
Table 68: Interconnection Standards, New Hampshire
Table 69: Offshore Wind Auctions, New Jersey
Table 70: ADI Incentives, SuSI program, New Jersey
Table 71: Interconnection Standards, New Mexico
Table 72: Transition from Net Metering to Value of Distributed Energy Resource (VDER) Tariffs
Table 73: Interconnection Standards, New York
Table 74: Interconnection Standards, North Carolina
Table 75: Renewable Portfolio Standards %, Ohio
Table 76: Renewable Portfolio Standards % for Large IOUs, Oregon
Table 77: CLPUD Renewable Energy Rebates, Oregon
Table 78: Renewable Energy Loan Programs, Pennsylvania
Table 79: Renewable Energy Grant Programs, Pennsylvania
Table 80: Existing and Upcoming Renewable Power Projects, Rhode Island
Table 81: Renewable Portfolio Standards %, Rhode Island
Table 82: Interconnection Standards, Rhode Island
Table 83: Renewable Energy Fund (REF) Grant Estimated Amount
Table 84: REG, Tariffs, Rhode Island
Table 85: Commercial Scale Renewable Energy Grants, Incentives, Rhode Island
Table 86: Rebate Programs, South Carolina
Table 87: Value of Solar Rate, Austin Energy, Texas, 2023
Table 88: Solar Buyback Program, Texas
Table 89: Rebate Programs, Texas
Table 90: Renewable Portfolio Standards (%), Virginia
Table 91: Net Metering System Capacity Limits (kW), West Virginia
Table 92: Net Metering Tariffs, Wisconsin
Table 93: Policy Snapshot, Venezuela, 2024
Table 94: Abbreviations

Figure 1: Renewable Auctions, Awarded Capacity (MW), Brazil, 2015-2022
Figure 2: Renewable Auctions, Average Price ($/MWh) by Technology, Brazil, 2017-2022