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Romania could statistically transfer to other states its green energy surplus
Romania will meet the objective assumed before the European Union for 2020 according to which 24pct of the end energy consumption should come from renewable sources, so that it could statistically transfer to other states the green energy surplus, reads a report on the promotion and use of renewable energy, made public by the Ministry of Energy.
"Romania believes it will meet the global target of 24pct for the share of renewable energy in the gross end energy consumption in 2020, without resorting to transfer from other member states. The total shares of energy consumption from renewable sources in gross end energy consumption in the years 2013 and 2014 are 25.13pct and 26.27pct, far exceeding the shares set for the indicative trajectory of 19.66pct for 2013-2014," the report reads.
So, for the coming period, experts forecast a surplus of renewable energy in the national energy system.
The Government approved for 2016, at the proposal of the National Energy Regulatory Authority (ANRE), a share of 12.15pct of renewable energy compared to 17pct, as it was initially provided by Law 220/2008.
Renewable energy associations protested the Government's decision to establish a smaller share of renewable energy than that stipulated by Law 220/2008, stating that they would not have anywhere to sell their green certificates and thus would go bankrupt.
Renewable energy producers receive green certificates freely, which they sell on a specialized market for an additional gain compared to the energy price. Suppliers are compelled to buy these certificates and transfers the cost to end-consumers' bill.
According to the relevant employers' associations, the quota approved by the Government ensures the sale of only 50pct of the green certificates that will be on the market, so producers will no more have where to sell the remaining certificates.
The Green Certificate is a form to support the electricity produced from renewable sources and certifies an amount of 1 MWh of electricity produced from renewable energy sources.
The system of compulsory quotas is a mechanism for promoting the production of electricity from renewable energy by suppliers' purchasing a number of green certificates corresponding to the mandatory quotas of electricity generated from such sources as required by the law. The annual mandatory quota of green certificates for 2015 was 10.8pct.
The price of green certificates ranges between a maximum price a d minimum one established by a Government's Decision. The minimum price is imposed for the protection of producers and the maximum one to protect consumers.