Renewable energy capacity tops EU targets


December 14, 2015





December 14, 2015




Romania’s green energy capabilities have reached the mandatory levels set by the European Commission for 2030, portal Nine o’Clock reported, adding that the new energy minister Victor Grigorescu pushes for yet bigger green energy quotas. Although two years ago it was believed that once the restrictions concerning green certificates trading come into force investments in this sector would drop, investments are in fact continuing to grow, the article said.

According to the information offered by Transelectrica SA, the capacity to produce electricity from renewable energy sources has reached a total installed level of 5.18 GW at the end of October. The system had wind parks of 3.19 GW, solar farms with a total capacity of 1.3 GW, small hydropower units of 583 MW and biomass projects with total power of 103 MW, according to

Grigorescu announced he asked the representatives of the Regulatory Authority for Energy (ANRE) to reanalyze the green certificates quota for next year, against the backdrop in which renewable energy producers claim the quota should rise, the report said. “Following talks with renewable energy industry representatives, they claim that there are elements for raising the quota. My goal is for us to have a new quota. This regulation should have been initiated much earlier,” the minister stated.

The situation with renewable energy does not depend solely on the quota, but also on the way in which the energy exchange works, energy minister Victor Grigorescu says.

The situation with renewable energy does not depend solely on the quota, but also on the way in which OPCOM (the energy exchange market) works and the green certificates are traded, and on the exemptions from the payment of certificates, Grigorescu added.

Asked whether the hiking of the green certificates quota would also lead to a hike in the consumers’ electricity bills, the minister stated that there should be a balance between the parties involved: “We need a balanced result. I am in favour of a well-balanced energy mix.”


Related Articles

22 countries COP28 tripling nuclear capacity by 2050

22 countries commit at COP28 to tripling nuclear capacity by 2050

04 December 2023 - At COP28, heads of state and other top officials from 22 countries signed the Declaration to Triple Nuclear Energy by 2050

romania deposit return system tomra

Romania introduces deposit refund system

04 December 2023 - The Romanian DRS is set to become the second-largest in Europe, and the world's largest centralized national DRS by volume of containers

Mitsotakis In face climate devastation new Greece emerging

Mitsotakis: In face of climate devastation, new Greece is emerging

04 December 2023 - Highlighting this year's catastrophic wildfires and floods, PM Kyriakos Mitsotakis said at COP28 that a new Greece is emerging nevertheless

federation bih electrcity prices 2024 cap

Electricity price growth for businesses in FBiH capped at 20% for 2024 – prime minister

01 December 2023 - The Government of the Federation of Bosnia and Herzegovina has declared a state of power supply emergency for 2024