Renewables

Quota for energy promoted through green certificates decreased

Photo: Pixabay

Published

January 10, 2017

Country

Comments

0

Share

Published:

January 10, 2017

Country:

Comments:

0

Share

Mandatory renewable energy quota promoted through green certificates in Romania has been decreased by about one third by government decree.

In 2017. the quota will be 8,3 percent of Romania’s gross final consumption, compared to 12,5 percent in 2016. The decision will come into effect after the next government of Romania, where parliamentary elections were held on December 11, approves the emergency ordinance draft on the amendments and additions to the renewables Law number 220 from 2008. Under the current law the quota should have climbed to 18 percent.

The share for the next year was established according to the National Regulatory Authority for Energy (ANRE) recommendations, and it won’t have a negative impact on the final consumers’ bill, said the representatives of the Ministry of energy. According to ANRE’s calculations, maintaining the same quota in this year would have increased the price of energy by about RON 17 per MWh.

Small energy producers in Romania are against the propsed changes of the 2008. law, alledging they favour large international corporations, while discriminating solar energy producers since they will continue to get only two green certificates instead of four until the end of 2024.

Concern over the decrease of quotas was also expressed by other green energy producers – the Romanian Wind Energy Association (RWEA), the Renewable Energy Producers Organization in Romania (PATRES) and Romanian Photovoltaic Industry Association (RPIA), as reported by Business Review.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Turkish company Zorlu Energy IPO renewables subsidiary

Turkish company Zorlu Energy initiates IPO of its renewables subsidiary

23 February 2024 - Zorlu Renewables, the largest geothermal power plant operator in Turkey, is preparing for a stock market debut

EIB-Global-loan-EPBiH-for-Vlasic-wind-power-plant

EIB Global approves loan to EPBiH for Vlašić wind power plant

22 February 2024 - EIB Global formally approved a EUR 36 million loan for the Vlašić wind power project near Travnik in Bosnia and Herzegovina

bulgaria solar eso grid

Bulgaria to add 1,500 MW of solar power capacity in 2024

22 February 2024 - Dimitar Zarchev said there is a need for flexibility capacity for times of surplus production of energy, to use it when it is needed

Djedovic Dedovic Serbia billions under our feet strategic minerals

Serbia’s Đedović: We have billions under our feet in strategic minerals

22 February 2024 - Strategic minerals must be used in the best interest of the economy, according to Serbia's Minister of Mining and Energy Dubravka Đedović