The Romanian government said it decided on Tuesday to temporarily suspend as of July 1 the issuance of some of the green certificates for which hydro, wind and solar energy producers are eligible in a bid to reduce the price of electricity for final consumers.
The government said in a statement it passed an emergency ordinance stating that the number of green certificates awarded for one megawatt-hour (MWh) produced by hydro power plants with capacity of up to 10 megawatts will be cut by one.
Under the current support scheme, hydro power producers receive three green certificates per MWh.
For every MWh of solar power the state will award four green certificates instead of six and for wind energy the number of certificates will be cut to one from two.
The deferred certificates will be clawed back starting from March 31, 2017, for hydro and solar power producers and from January 1, 2018, for wind energy producers.
Energy distributors in Romania are required to purchase green certificates for every MWh of power they sell. The certificates are issued to wind, hydro and solar power producers who can sell them directly to distributors or trade them on the state-owned power market, OPCOM. The distributors then pass on the cost of buying the certificates to their customers.
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