Romania: Romania: The Target for Renewable Energy Production for 2020 Has Already Been Reached – but Is It Really Good News?

Romania: Romania: The Target for Renewable Energy Production for 2020 Has Already Been Reached – but Is It Really Good News?

In 2014, Romania has reached the renewable energy production target for 2020. However, this is not necessarily good news. The green certificates prices have reached their peak,which poses heavy burdens on national companies. These burdens are reflected in the price of Romanian products, which makes...

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Veröffentlicht in:Renewable energy law and policy 2015-01, Vol.6 (1), p.92-94
1. Verfasser: Stanescu, Catalin Gabriel
Format: Artikel
Sprache:eng
Schlagworte:
Alternative energy sources
Consumer prices
Country Reports
Election laws
Electric rates
Electricity
Energy policy
Environmental certification
Environmental legislation
Environmental quality
Investors
Market prices
Pricing strategies
Renewable energy
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Zusammenfassung:In 2014, Romania has reached the renewable energy production target for 2020. However, this is not necessarily good news. The green certificates prices have reached their peak,which poses heavy burdens on national companies. These burdens are reflected in the price of Romanian products, which makes them non-competitive on the EU market. On the other hand, governmental measures taken in order to ease the burden of local producers are chasing away investors in renewable energy.
ISSN:1869-4942
2190-8265