RWEA welcomes amendments to renewables law – Romania, 29 November 2016

The Romanian Association for Wind Energy (RWEA) said that it welcomes the proposed amendments to the law on renewables and the support scheme for electricity producers from renewable sources (RES), which have been severely hit by legislation changes in 2013.
The statement from RWEA said that it supports rational decisions aimed at finding a reasonable compromise between insuring the financial performance of RES producers and minimizing the impact on end consumers of electricity, both households and industrial. However, RWEA believes that the Government’s draft proposal could be further improved as it does not completely eliminate the producers’ risks, and, in some cases, it even increases the risk. It eliminates the indexing value of green certificates with the inflation in the euro area, while the price of certificates is established in the European single currency and lowers penalties for providers who do not fulfill their obligation to purchase green certificates.

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