Investors want to block new green energy projects


July 29, 2015





July 29, 2015




Investors in the renewable energy sector asked the government to temporarily suspend the accreditations for new renewable energy plants, Romania Insider reports.

In an open letter sent to prime minister Victor Ponta, energy minister Andrei Dominic Gerea and energy authority ANRE, four renewable energy producers’ organizations have asked for urgent measures in order to avoid the industry’s collapse. They requested the state to increase the share of the renewable energy in the national energy mix. The government had reduced it for captive consumers from 17% to 12.5% in 2014 and has kept it at that level in 2015, the report said.

The reduction generated a surplus of green certificates, “which are now papers without value,” according to the producers’ associations. Romanian authorities avoid doing what all other governments did in similar situations, which is to suspend the access to the support scheme for the new projects until viable solutions are found, producers say, as reported on

In 2013, Romania introduced retroactive regulatory changes that fundamentally changed the economics for existing installations. Mandatory acquisition quotas for tradable green certificates –defined by law till 2020 – were slashed drastically.

Related Articles

Greece PPC Renewables two solar power plants f 250 MW

Greece’s PPC Renewables finishing two solar power plants of 250 MW in total

29 March 2023 - PPC Renewables said it would complete two photovoltaic facilities in Greece's coal hubs by the end of the month

power utilities western balkans eu ets smissions co2 cbam

Workshop on emissions trading: cooperation of regional utilities toward energy transition

29 March 2023 - Top managers of five state-owned power companies from BiH, Montenegro, North Macedonia and Serbia have discussed cooperation

seepex intraday market launch

All set for intraday electricity market in Serbia – next step is to join single European market

29 March 2023 - The opportunities for electricity buyers and sellers were presented by the representatives of SEEPEX, BSP SouthPool, and European Commodity Clearing

EU deal ban sales new diesel gasoline cars 2035

EU reaches deal to ban sales of new diesel, gasoline cars in 2035

29 March 2023 - EU energy ministers agreed on a ban on new cars and vans running on gasoline and diesel starting in 2035, but with a notable exception