[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


Add NWW headlines to your site (click here)

when your community is targeted

Get weekly updates

RSS feeds and more

Keep Wind Watch online and independent!

Donate via Stripe

Donate via Paypal

Selected Documents

All Documents

Research Links


Press Releases


Campaign Material

Photos & Graphics


Allied Groups

Wind Watch is a registered educational charity, founded in 2005.

News Watch Home

Romania plans to cut support for renewable energy 

Credit:  By Luiza Ilie | Reuters | March 29, 2013 | www.reuters.com ~~

Romania’s government will cut its support scheme for wind, solar and small hydro renewable energy projects to avoid overcompensating investors, energy regulator ANRE said on Friday.

Elsewhere in the European Union, countries such as Germany, Britain and Spain have either cut or plan to reduce incentives for renewable energy after years of strong government support.

Romania’s support scheme gives renewable power producers green certificates for each megawatt generated. Suppliers must get an increasing percentage of the power they sell from renewable energy and buy certificates to meet these targets.

Investors in renewables make gains when they sell the certificates and again when they sell their power output.

But the support scheme also allows ANRE to ask the government to cut certificates if investors’ rates of return become too high.

ANRE proposes to cut the number of certificates to 1.5 from two per megawatt for wind energy, to three from six for solar projects and to 2.3 from three for small hydro power plants, it said in a statement. The changes will apply to new projects.

Romania’s subsidies, which analysts and the European Commision have said are too generous, have attracted billions of euros in investment, particularly to wind power.

The scheme, which has been in place for only one year, has also driven the inflation rate higher. Green certificates accounted for nearly half of a 10 percent hike in households’ power bills in January.

Energy Minister Constantin Nita was quoted as saying earlier this month the government also planned to cut the upper range of the price that renewables producers get for certificates, catching many investors off guard. (Editing by Jane Baird)

Source:  By Luiza Ilie | Reuters | March 29, 2013 | www.reuters.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Contributions
   Donate via Stripe
(via Stripe)
Donate via Paypal
(via Paypal)


e-mail X FB LI M TG TS G Share

News Watch Home

Get the Facts
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.


Wind Watch on X Wind Watch on Facebook Wind Watch on Linked In

Wind Watch on Mastodon Wind Watch on Truth Social

Wind Watch on Gab Wind Watch on Bluesky