Organizations RWEA, PATRES, RPIA and ARmHE call on authorities to find a balance between the interests of consumer and those of power producers to avoid pushing the industry into collapse.
The organizations also call for a temporary halt on approvals for new power production units as of September 1, regardless of capacity, that would benefit from green certificates, except those which have secured non-reimbursable financing for their licensed investments. Renewable power producers said a halt is required to allow authorities and the industry to find measures to stabilize the green certificate support scheme.
Renewable power producers have so far invested around EUR7 billion in units totaling around 5,000 MW.