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January 26, 2023

Transelectrica issues 13.2 million green certificates for 2015

By January 14, the national electricity transmission company Transelectrica has issued 13.2 million green certificates for renewable energy producers, for electricity produced in 2015; 4.1 million of these certificates are still available, according to the website of OPCOM, the electricity and natural gas markets operator.

Only 2,739 green certificates were traded on the centralized market, while 9.2 million were transferred under bilateral contracts, and 124,522 have been reserved by green energy producers who are also suppliers and have to own a quota of green certificates.

Renewable energy capacities have reached 5,127 MW at end-November 2015, according to a document of Transelectrica. Wind power contributes 3,129 MW, photovoltaic solar panels 1,312 MW, micro hydro power plants 583 MW, and biomass 103 MW.

The mandatory share of electricity from renewable sources supported by green certificates in 2016 is 12.15 percent of the gross consumption of electricity, up from 11.9pct in 2016.

Taking into account the exemption agreements in 2015 (some 7.000 GWh) and in 2016 (1,000 GWh on top of that), the impact on end users would be 43 lei/MWh, up from 35 lei/MWh, the Government estimated in December.

The 2016 quota was approved based on scenarios communicated by the Regulatory Authority for Energy. The target should be reached by limiting the sale of green certificate to 60pct of the total number issued.

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