renewable energy in romania
TRANSCRIPT
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Renewable energy sources in
Romania
Green certificate system in Romania
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Contents
1. Background information for Romania
2. The Romanian Energy Potential and Targets
Solar energy
Solar irradiation
3. Romanian energy market: risks and opportunities
4. Green certificates system
Legal framework
Actors
5. Conclusion
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Background information
Romania is situated in the south-east of Central Europe. It is member of theEuropean Union since 2. The country covers 238,391 square kilometers and is
the continents 13th largest country in area.
The major features of relief units are:
31% mountains,
36% Sub-Carpathians, hills and plateau
33% plains, meadows and Danube Delta.
The climate is intermediate between temperate and continental types, with
lower oceanic influences from the west, Mediterranean ones from southwest
and stronger continental-excessive ones from the north-east.
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The Romanian Energy Potential and Targets
The targets presented in the Romanian National Plan of Action
for Renewable Energy (PNAER) for the percentage of
electricity produced from renewable energy sources are the
following: 35% for the year 2015 and 38% for 2020.
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Solar energy
Solar energy shows a moderate potential throughout the entire
territory of the country, but the most abundant solar
resources are located in the southern part of the country and
Dobrogea. Considering solely the solar electricity potential, its
potential is approximately 1.2 TWh.
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Solar irradiation
The solar irradiation in Romania is one of
the best in Europe. Its central and south-
east parts have highest indicators of solar
irradiation up to 1650 Kwh/m2(1450
1750 kWh / m2). It has underdeveloped
rural territories and uncultivated aerieswhich can be used for developing PV
plants. The performance of solar PV
technology has become increasingly
efficient after 2009.
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Romanian energy market: risks and
opportunities
1. STRENGHTS competitive advantages
Long tradition in the energy industry
Moderate potential for exploiting the renewable resources
Total liberalization of electricity markets
2. WEAKNESSES
system deficiencies
facilities are partly obsolete having an outdated technology
Lack of financial measures to support projects and programs
concerning the growth of the energy efficiency and to the use of
renewable energy Organization of the electricity generation sector on single-
technological pathways
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Romanian energy market: risks and
opportunities
3. OPPORTUNITIES
Attractive investment climate for both foreign and domestic
investors
Increased investment opportunities in the field of energy efficiency
and unused renewable energy resources to the EU structural funds projects in the field of energy efficiency
4. THREATS - Risks and vulnerabilities
Lack of effective fiscal instruments for supporting investment
programs in energy efficiency Possible negative effects on the competition in the European energy
sector
A high growth rate in energy demand in the context of economic
recovery
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Green certificate system
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Green certificate system
Electricity suppliers have the obligation to purchase a certain quota of
renewable electricity set by Romanian Energy Regulatory Authority
(ANRE) proportionally to the amount of electricity sold yearly to their final
consumers. Completion rates are proved by holding a corresponding
number of green certificates acquired under the law.
The annual minimum and maximum values for Green Certificates trading is
27 and 55 euro/certificate, respectively, calculated at the exchange rate
established by the Romanian National Bank for the last working day of the
December of the previous year.
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Green certificates system
Renewable Energy Source TGCs per MWh Energy produced TGCs per MWh
Energy Energy SourceRenewable Energy SourceProduced
Wind 2 till 2017
Small Hydro Plants (
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EU Regulatory Framework for Renewable Energy
and Quotas
LAW 220/2008
Sets new shares of electricity produced from RES in the gross final
national consumption of electricity in perspective of 2010 and 2020 to
35%, respectively 38%
Extension of green certificate system beyond 2012 with a mandatory
quota of green certificates of 16.8% for 2020 and other intermediate
quotas for the period 2008 2020
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EU Regulatory Framework for Renewable Energy
and Quotas
Law 139/2010 Enter into force 9.07.2010
Supplementing Law 220/2008
Focused more on wind energy
Two years extension of the term when wind energy is granted two
green certificates instead of one
Inflation adjusted price of certificates and the opportunity for
individuals to develop projects with capacity of up to 100 KW
Disadvantage: does not provide for a solution in case the number ofgreen certificates would be higher than the demand
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EU Regulatory Framework for Renewable
Energy and Quotas
Emergency Ordinance 88/2011 Defining terms which have been subject of public debate
Clarifying the green certificates system (issuance, trade and price
adjustment, beneficiaries, number of GCs granted, possible
accumulation with other subsidies, validity )
Expanding the producers rights and obligations
Indicating the procedural rules regarding cooperation by joint
agreement
Reaffirming ANREs major role
Differentiating the access to the grid
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National target quota
Renewable energy production remains at less than 33% of the National Target Quota
It is predicted that TGC pricing will remain in a band of EUR 48-55
As Renewable Energy production above 65% of the National Target Quota
becomes closer to the Mandatory quota targets, the TGC market will graduallysoften until 85% of quota when prices may fall to the lower end of the TGC price
range (EUR 27).
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Main actors
1. ANRE (Romanian Energy Regulatory Authority)
Approves electricity producers which use eligible renewable
energy sources (RES), to participate on the Green certificate
market.
It controls the mandatory quota fulfillment by the suppliers and
applies penalties for quota non-fulfillment.
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Main actors
2. Transelectrica (The transportation and system
operator)
Receives monthly notifications concerning the quantities of
electricity from RES delivered into network from theproducers and the Network operators where the producers
are connected
Collects the penalties for non fulfilment*
Transelectrica is a joint stock 100% state - owned company* penalties are allocated early by ANRE, based on objective criteria, for investments meant to facilitate
the access to the transport/distribution networks
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Main actors
3. OPCOM (Romanian electricity market operator)
The mission of OPCOM consists of providing an organized
framework for electricity commercial trades. It is the legal
person which assures Green certificates trading and
determines the prices on the Centralized Green certificates
market, performing the functions established by the
Regulation for organizing and functioning of the Green
Certificates Market.
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Conclusion
Romania provides more attractive energy market comparing to
those in Bulgaria. The risk for investment however is much
higher.
There is a strong possibility that a new energy law will be
introduced within the next year by the Romanian parliament,
which should be more precised and accurate, in order to set a
stable framework for the future development of the energy
market and assure considerable investment flow.