Energia Rinnovabile: nuove frontiere e opportunita’ in Romania

No reduction of the green certificates number this year

Bucharest April 12, 2012

During the conference “Energia Rinnovabile: nuove frontiere e opportunita’ in Romania” organized on April 12, 2012 by Confindustria with the participation of the Romanian Photovoltaic Industry Association, Mr. Petru Lificiu, the Deputy President of the Romanian Energy Regulatory Body (ANRE) stated that he is not expecting any reduction of the green certificate number this year for any technology (e.g. wind, solar / PV, small hydro etc.) due to overcompensation. Further, he mentioned that, in principle, this year there would be only one (1) overcompensation analysis.

Under these circumstances, the next reduction of the green certificates number for any technology could be effective as of January 1, 2015 and would only affect the producers that would commence producing energy after this date.

If this will be the case, ANRE will send a very strong message of legislative stability and Romania could then properly use its significant potential in developing renewable energy projects.