Romania’s Green Certificate Mkt Seen At EUR300M In 2012
Romania’s green certificate market is expected to triple in value next year, to EUR300 million, following a strong increase in renewable energy production, according to data from local energy regulator ANRE.
In 2012, ANRE expects 5.51 million green certificates to be issued, as opposed to 1.75 million units this year. The value of green certificates issued this year reached EUR96.6 million, and next year it is expected to reach EUR303.3 million.
The calculations were made by MEDIAFAX considering the maximum trading price of green certificates, EUR55 per unit. The minimum price is EUR27, but there are no deals concluded at this price, because the offer greatly outweighs demand.
The green certificate system represents an aid granted by the state to stimulate electricity production from renewable sources.
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