Romania renewables sector fears incentive cuts

A wind farm in Romania

The Romanian Photovoltaic Industry Association (RPIA) has warned that government proposals to scale back renewables subsidies threaten investments in new projects, and could wipe out around 4,000 green jobs.

Romania’s energy minister Constantin Nita has indicated that the Eastern European country plans to make changes to its green certificate-based incentive programme in July or at the beginning of  2014.

Romania, which offers two green certificates for each MWh generated by wind, may cut that to one or 1.5, and for solar from six to 3.5.  

The maximum value of the certificates could also be cut from €55 ($71.5) to €30 ($39). 

Energy-intensive industries in Romania, such as steel and aluminium producers, have claimed that the current renewable support scheme threatens their existence, Log in to read complete article.

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