DBPapers
DOI: 10.5593/SGEM2014/B41/S17.016

CONTROVERSIES REGARDING INVESTMENTS IN GREEN ENERGY IN ROMANIA

E. Grecu
Wednesday 1 October 2014 by Libadmin2014

References: 14th International Multidisciplinary Scientific GeoConference SGEM 2014, www.sgem.org, SGEM2014 Conference Proceedings, ISBN 978-619-7105-15-5 / ISSN 1314-2704, June 19-25, 2014, Book 4, Vol. 1, 117-124 pp

ABSTRACT
For renewable energy industry scheme promoted by Romania until last year was the
most generous in the EU. This scheme involves giving support to renewable energy
producers green certificates, which they sell on a specialized market where thus
obtained income in addition to the actual price of energy. Suppliers to end customers are forced to buy a certain number of green certificates and transfer to final invoice cost with the purchase of certificates. Consequently, end users, namely the population and industry are the ones who actually pay these subsidies. If you would have continued to develop this market result would be a massive increase in bills paid by end consumers. As it concerns the investors, repeated legislative changes lead to a reduction in their appetite for developing new renewable energy projects.

Keywords: renewable, suppliers, customers, subsidies, investors.