The Law 220 for Renewable Energy in Romania again modified?
The number of green certificates given for producers of renewable energy is likely to be reduced, announced the vice-president of ANRE , Petru Lificiu today.
There are proposals to reduce the number of certificates per MWh to less then 3 when the energy is generated through biomass where the specific investment is small. Two examples where given: biogass resulted from the natural fermentation of animal / vegetal garbage – proposal: 1 certificat per MWh and 2 certificates for biogass resulting from the use of more sophisticated and expensive techniques.
The producers sound unhappy about these propsals: “I do not know if the Italian investors still will be interested to come in Romania. But there are more problems; first of all because there are no guarantees: the law says that the value is between 27-55 euros, but i need to be sure that this value is to be stable. Secondly, in Romania a contract for delivering electricity is 1 year , while in other countries the contact is for 15 years. Basically, when we go to the banks in Italy, Germany, France or The Netherlands we can show we have a fix rate for 15 years and the terms are not to be changed. Here (Romania) it is very difficult , the laws are changing often and the interest rates payed by investors to the banks are much higher, says Vicenzo Moderno , manager at Alto Energy .
The new law 220 says that the producers will receive 2 green certificates until 2017 and 1 green certificate from 2018 for wind energy for each 1MWh produced and delivered; 3 green certificates per 1 MWh for electric power from geo thermal, biomass, biogas, gas from processing the mud from switch pipes of used waters and no less than 6 green certificates for 1MW of solar energy.