“We will change the legislation on granting green certificates. It’s not a pleasant topic, but we cannot destroy the Romanian industry for the sake of renewable energy,” Constantin Nita told the ZF Power Summit ’13.

“Those who invested in the renewable sector must understand. We are squeezed between the household customer and the industrial client.”

Nita said investments in renewable energy would remain attractive even after the law change.

“We are still interested to promote renewable energy, but investors must understand … they will earn less. They won’t gain very much, but they will still gain much,” the minister said.

On the other hand, Nita said companies working in the alternative energy sector should invest in production capacities in Romania.

“I didn’t see any investor in renewable energy proposing an investment in a wind turbine plant… Besides security companies, no jobs are created. The state gains tax revenues, but is not enough,” Nita said.