Green Certificates Scheme adapted in Law 220

HOTNEWS: EU COMMISSION APPROVES PROMOTION SCHEME

The new version of Law 220 has a new scheme for the Green Certificates. Due to the fact that the implementation of the new law has been delayed with almost 2 years now, the terms for the Green Certificates also are changed. It is expected that the new law will come in force in 2-3 month from now.

According to the new version of Law 220 the Green Certificate scheme will look as follows:

Hydro Power:

3 green certificatea for every 1 MWh delivered in the electricity grid by the generators of hydroelectricity from new HPP or HPP with max. 10 MW installed power and rehabilitated;

2 green certificate for every 1 MWh delivered in the electricity grid by the generators of hydroelectricity from HPP (installed power 1- 10 MW) (not corresponding to the conditions as stated in the previous point)

2 green certificates for every 1 MWh delivered in the electricity grid by the generators of hydroelectricity from HPP with max. 1 MW/unit installed power

Wind Energy:

2 green certificates for every 1 MWh delivered in the electricity grid by generators from wind-until 2016;

1 green certificate starting from 2018

Biomass:

3 green certificates for every 1 MWh delivered in the electricity grid by generators from biomass, biogas, bioliquid, gas of waste fermentation and geothermal energy.

High efficiency co-generation using biomass: 4 green certificates for every MWh produced and delivered.

Solar:

6 green certificates instead of 4 for every 1 MWh delivered in the electricity grid by generators from solar sources.

Green certificates can be traded on the local market in the range of 27 – 55 € each.

More information about the new law 220, the green certificates and how the electricity market works in Romania can be found in the Industry Report “Perspectives of investing in wind energy in Romania” of LAMAR Company: Click HERE

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One response to “Green Certificates Scheme adapted in Law 220

  1. Pingback: Romanian Green Certificates still cannot be traded on the European Market | Carbon Credit Exchange

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