Romanias green electricity production quadruples to 0.75TWh in H1.

By bne IntelliNews July 15, 2011
The number of tradable green certificates issued to renewable electricity producers, one for each MWh produced by generators covered by the scheme, quadrupled on the year to 0.75mn, and energy deliveries to the power grid increased proportionally to 0.75TWh in H1, Transelectrica reported. The certificates value of EUR 55 per unit has added up ti EUR 41.2mn. The wind power producers accounted for 75% of the total, followed by the small hydro power producers with 13% and the biomass electricity producers with 12%. We recall that the large hydro power plants are not covered by the scheme and, under the simplified system applied so far, all power generators have received one tradable green certificate (TGC) for each produced MWh, regardless of the technology. After the law 220/2008 is fully enforced, the number of TGC received by green electricity producers will rise considerably and will depend on the employed technology.
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Romania to spend EUR 37mn in 2013 to close down loss-making coal mines.

Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more

Romanias Hidroelectrica sells nearly 0.3TWh of electricity on free market.

Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more

Romania to start privatisation of cargo railway company on April 6-8.

The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more

Follow Us On

Most Read

  1. Iran vs Israel: Who is better equipped for war?
    5 days ago
  2. Saudi Arabia to scale back plans for Neom city
    9 days ago
  3. BREAKING: Iraq, Syria and Jordan close airspace amid Iranian strike on Israel
    5 days ago
  4. PANNIER: Caspian military drills that exclude Russia and Iran have some people in Moscow asking questions
    6 days ago
  5. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    5 months ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    19 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    24 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. UBN: Russia could take the Baltic states in 48 hours
    29 days ago
  5. BRICS announce a blockchain-based payment system to create a common currency
    22 days ago

Reports

Dismiss