Government adopted amendment to Renewables Law – Romania, 31 March 2017

The Romanian Government approved the Emergency Ordinance for the amending and supplementing the Renewables Law (220/2008). Minister of Energy Toma Petcu said on the occasion that this is the best solution to balance the preservation of renewable energy industry and the target undertaken by the country in front of the European Commission.
Minster Petcu explained that Romania has set a national target for 2020 of 24 % of renewable energy in the gross final consumption of electricity, the target that has been already achieved, but which must be preserved until the year of reference. He said that these amendments will enable some “breathing space” for renewables industry, but at the same time, it means a freeze of the maximum impact the renewable energy will have within bills paid by households until 2032.

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