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.
Under the green certificates system, each renewable energy producer is granted a number of green certificates for power fed into the electricity grid. Energy suppliers, who are forced by law to buy the certificates, will try to compensate their costs by including them in the bills of end consumers, thus leading to price increases.
In September, the value of the monthly bill is estimated to increase by up to 3.5%.
Per ANRE’s estimations, Romanian consumers are likely to pay RON41.5 billion (around EUR10 billion) to support renewable energy in the next 10 years.