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Detail – Energy Country Profile

Romanian government is trying to spur the green certificates’ market

Support may be expected from the European Bank for Reconstruction and Development (EBRD)

The president of the Foreign Investors’ Council informed that EUR 7 billion had been put in the renewables sector of which EUR 2 billion had to be written off. Therefore it is obvious that investors are reluctant to invest in renewable energy projects. Problems arise from the fact that certificates are deferred, from the price of the certificates, the quotas and from the exemptions from the system. The Romanian government is trying to establish a new reliable green certificates market on the basis of several scenarios reflecting the uneasy market in Romania.

Source: Business Review Romania  18 July 2016