“We still have three weeks left (of the month), so there’s plenty of time to draw the application norms for this law, which has been discussed upon for three years,” said Zoltan Nogy Bege, head of ANRE’s energy efficiency division.
Romania has implemented an incentive scheme supporting renewable energy in 2004, when it opted for a mandatory quota system combined with the trading of green certificates.
Four years later, an improved incentive scheme was regulated through law 220/2008. A secondary legislation for the application of law 220/2008 was drafted in 2010, after consultations with European Commission staff. The updated legislation was sent to the government for approval.
Renewable energy companies have announced large investments in Romania, particularly in the wind power sector, as the green certificates scheme would allow them to quickly recover their investment.
Each renewable energy producer is granted a number of green certificates for power fed into the electricity grid.