News

Fourteen companies exempt from green certificates

Published

June 18, 2015

Comments

comments icon

0

Share

Published:

June 18, 2015

Comments:

comments icon

0

Share

After the Government of Romania approved an aid scheme last year, to help large industries cope with the growing cost of energy from renewable sources, this year fourteen companies are exempt from paying for the full green certificate. They will pay 40% to 85% less than normally for green certificates, based on energy consumption, Economica.net portal said.

The group includes names such as Alro, ArcelorMittal, Carpatcement, TMK Artrom and Lafarge, as reported by Romania-insider.com. The fourteen will be spared from paying EUR 75 million. However, households and other industrial consumers will have to share the costs. The government estimated that the state aid will last 10 years and will amount to EUR 750 million. Some 300 large industrial consumers should benefit from this scheme.

Similarly, according to new rules in Slovenia, energy intensive industry may pay EUR 10 million less this year for the support for renewables, while households and other businesses would contribute EUR 30 million more.

Related Articles

montenegro tpp pljevlja sasa mujovic necp

Montenegro drafts NECP: TPP Pljevlja to be shut down by 2041

09 December 2024 - The Ministry of Energy of Montenegro submitted the draft NECP to the Energy Community Secretariat for a review

Bulgaria call standalone energy storage 4 3 times oversubscribed

Bulgaria’s call for standalone energy storage is 4.3 times oversubscribed

09 December 2024 - Developers in Bulgaria applied for 4.3 times more in grants for standalone energy storage than the budget. Funding is uncertain, though.

Bulgarian citizens demand referendum on wind farm construction on agricultural land

Bulgarian citizens demand referendum on wind farms on agricultural land

09 December 2024 - Citizens from four Bulgarian districts protested in Varna, calling for a referendum on constructing solar and wind farms on agricultural land

Albania allows agrisolar wind power plants on pastureland

Albania allows agrisolar, wind power plants on pastureland

09 December 2024 - Demand for solar and wind power plants prompted Albania to adopt a law allowing such installations on pastureland