Romania is about to endorse one of the most generous schemesintended to support investment in green energy, with a report ofthe World Bank specifying the current legislation in the field isover 50% more generous than the European regulations.
"Romania has established a generous green certificates programto promote the development of renewable energy. Incentives are verygenerous, including 110 euros/MWh for wind plus the revenue fromthe sale of electricity in the market, for a total of 150-160euros/MWh assuming market prices in the range of 40-50 euros/MWh.This is over 50% above the average European support price of about90 euros /MWh, through feed-in tariffs where generators earn noadditional revenue from sales to the market," reads the World Bankreport.
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