ZRP
Tuca Zbarcea & Asociatii

Changes in Romanian Renewables Legislation

07 August 2018   |   Varinia Radu - Partner CMS Romania

For more information, please contact Varinia Radu.

 
 
Law 184/2018 for approving Government Emergency Ordinance no 24/2017 on amending and completing Law no 220/2008 on establishing the green certificates (GCs) support scheme for the production of renewable energy  (“Law 184”) took effect on 23 July 2018.

The main changes as approved are as follows:

►    Introduction of the definition of prosumer. The prosumer is the final client that owns power-generating installations of maximum 27 kW installed power, including cogeneration, and which consumes and can store and sell electricity produced in their own building, including a block of flats, residential site or business, provided these activities do not constitute their primary commercial or professional activity. The prosumers are exempted from obtaining authorisations or from paying taxes on the energy.

►    The takeover of all GCs issued between 1 April 2017 and 31 December 2031, including GCs postponed from trading, is guaranteed as long as the final consumption does not fall below the average value set for the period 2017-2022;
►    Electricity producers and public authorities owning power plants with installed power of up to 3 MW that benefit or who have benefited from the support scheme and hold GCs may conclude directly negotiated contracts only with end-user suppliers for the sale of electricity and / or GCs.
►    From 1 April 2017 until December 31 2020, producers owning solar power plants accredited by ANRE until December 31, 2013, will be temporarily barred from trading two GCs for every 1 MWh produced and delivered. The GCs can be recovered from January 1, 2021 in monthly installments until December 31, 2030.
►    The impact on the final consumer will increase to a maximum of 11.7 euro / MWh in 2018 and will be 12.5 euro / MWh in 2019, 13 euro / MWh in 2020-2021 and 14.5 euro/ MWh in 2022. After 2023, ANRE may propose to lessen the impact if there is an insufficient supply of GCs on the market.
►    The Mandatory GCs Acquisition Quota will apply also to electricity produced in Romania and sold by suppliers to consumers / suppliers abroad, through bilateral electricity transactions, in those countries with which Romania has bilateral agreements on this matter;
►    A minimum of 50% of the mandatory annual quota for the acquisition of GCs and/or of the number of GCs transferred from the producer account to the supplier must be bought from the Green Certificates Anonymous Centralized Spot Market both annually and quarterly. This requirement applies to those economic operators obliged to acquire GCs and act as both producer and supplier. This does not include bilateral contracts concluded before GEO 24/2017 went into effect.
►    The Ministry of Energy, together with the Romanian Energy Regulatory Authority, may develop a state aid scheme to support the production of renewable energy in the form of a fixed price per type of technology, which is added to the average electricity price resulting from transactions on the centralised electricity market. This could provide an alternative to the GCs support system.

For more information, please contact Varinia Radu - Partner, Bucharest, Head of Oil & Gas, CEE and Deputy Head of EPC, CEE.
 
 

PNSA

 
 

ARTICOLE PE ACEEASI TEMA

ARTICOLE DE ACELASI AUTOR


     

    Ascunde Reclama
     
     

    POSTEAZA UN COMENTARIU


    Nume *
    Email (nu va fi publicat) *
    Comentariu *
    Cod de securitate*







    * campuri obligatorii


    Articol 6 / 2046
     

    Ascunde Reclama
     
     
     
    BREAKING NEWS
    ESENTIAL
    Reff & Associates - Senior Lawyer Banking & Finance
    LegiTeam: Voicu & Filipescu is looking for lawyers
    LegiTeam: Wolf Theiss is looking for lawyers
    LegiTeam: Maravela|Asociaţii is looking for a consultancy associate
    Cum lucrează echipa de concurență de la D&B David și Baias. O discuție cu Manuela Guia (Partener) despre “shadowing”, “fishing expeditions” și strategii de apărare (partea a II-a)
    Consiliul Concurenței folosește în investigații ‘procedura forensic’, o metodă de verificare demnă de FBI. Noile tendințe din această practică, analizate de Manuela Guia, Partener D&B David și Baias, unul dintre cei mai buni avocați de concurență de pe piața locală (partea I)
    Alexandru George Lazăr, partener IntLaw (Spania) și profesor al Universitații Pompeu Fabra, din Barcelona: Sunt în permanentă legătură cu România. Sper ca în viitorul apropiat să se concretizeze colaborări strategice cu case de avocatură românești
    Gabriela Dinu se alătură echipei de Dreptul Muncii a NNDKP
    Concurenţa a autorizat preluarea unor creanțe și bunuri imobile ale Alpha Bank de către Deutsche Bank, Anacap Financial Europe și APS Investments. Avocați de top în tranzacția de 360 mil. E
    Grupul german PHOENIX preia oficial Farmexim SA și lanțul de farmacii HelpNet Farma. Ce avocați au lucrat în tranzacția estimată la peste 100 mil. €
    Tranzacția de 73 mil. € prin care CMI preia posturile de radio din CEE ale grupului Lagardère a ajuns la final. O echipă multijurisdicțională Clifford Chance a asistat cumpărătorul | Vânzătorul a lucrat cu avocații Wolf Theiss
    Wolf Theiss își consolidează echipa de TMT și Protecția Datelor în România
     
    Citeste pe SeeNews Digital Network
    • BizBanker

    • BizLeader

        in curand...
    • SeeNews

      in curand...