ECONOMY ENERGY ENVIRONMENT

Energy Minister would like to revert to green certificates paid by consumers

Energy Minister Victor Grigorescu stated early this week that he has asked the representatives of the Regulatory Authority for Energy (ANRE) to reanalyze the green certificate quota for next year, against the backdrop in which renewable energy producers claim that the quota should be raised.

“Following talks with renewable energy industry representatives, they claim that there are elements for raising the quota. My goal is for us to have a new quota. This regulation should have been initiated much earlier. I ask my ANRE colleagues to analyze again, for us to see what the real options are,” the minister stated.
“The renewable energy’s situation does not depend solely on this quota, but also on the way in which OPCOM (the energy exchange market) works and the green certificates are traded, and on the exemptions from the payment of certificates,” Grigorescu added.

Asked whether the hiking of the green certificates quota would also lead to a hike in the consumers’ electricity bills, the minister stated that there should be a balance between the parties involved: “We need a balanced result. I am in favour of a well-balanced energy mix.”

Grigorescu pointed out that more predictability in decision-making would have been needed in this sector: “The fact that we have attained the renewable energy target in relation to production is also important, and it’s hard to imagine seeing from now on the same growth that we saw previously.”
The Energy Minister recently met energy sector associations and ANRE representatives in order to discuss the mandatory annual renewable energy quota that benefits from the payment of green certificates.

“According to ANRE representatives, the principle that formed the basis of establishing the 12.15 per cent quota is that of maintaining the green certificates’ impact on end consumers’ bills. Minister Victor Grigorescu offered assurances that he will analyze the position of renewable energy market players as well as ANRE’s position, and will propose a final solution in the shortest of times. Victor Grigorescu emphasized the need for the regulation that establishes this quota to be approved as fast as possible,” an Energy Ministry communiqué reads.

The annual mandatory quota of electricity produced from renewable sources stands at 12.15 per cent of the gross end consumption of electricity in 2016. In these conditions, the green certificates’ impact on the end consumers’ electricity bills will stand at RON 35 per MWh according to a draft Government Decision published on the Energy Ministry’s website at the end of November.

Related posts

Martin Schulz will take the position of the CEO of Mercedes-Benz Romania from his predecessor, Philipp Hagenburger

NINE O'CLOCK

PM Grindeanu: 2017 budget draft to be discussed Tuesday, after CSAT meeting

Nine O' Clock

Registration of foreign capital companies in Romania declines 2.56pct, Jan.-Feb., 2017

Nine O' Clock