Government will reduce the number of green certificates granted for energy in wind, solar and hydro power plants, according to a draft government decision initiated by the Ministry of Economy .
For each MWh of wind power green certificates will be awarded 1.5 by 2017 and 0.75 green certificates from next year. Current legislation provides for the allocation of two green certificates until 2017 and a certificate since 2018 for such manufacturers.
The number of allowances granted to producers of solar power will be halved from 6 to 3 units / MWh.
The project provides for the granting of green certificates 2.3 instead of 3, for each MWh produced and delivered, whether they are new hydropower plants with installed capacity of 10 MW ( small hydro ). If similar units retrofitted to maintain the 2 green certificates.
Energy from renewable sources is supported by the government through the green certificate scheme. Each producer receives for free from Transelectrica a certain number of green certificates for the energy we produce and deliver in the elctrical network .
Further, manufacturers sell these green certificates to suppliers, who are required by law to buy them, the goal being that a certain share of final energy consumption to be provided by renewable sources. Suppliers shall recover the costs of purchasing green certificates by including these costs in rates.
"The mechanism for review of the amount of allowances resulting from overcompensation analysis is based on the recalculation of the reference period the number of green certificates per 1 MWh so that the internal rate of return for each technology for new entrants at the aggregate level to be equal to the internal rate of return resulting benchmark of cost-benefit analysis determined the authorization promotion system. If it shows a tendency to increase the internal rate of return of more than 10% from baseline, the Government should reduce the number of green certificates for the technology, "reads the note accompanying the project".
The authors of the report shows that the analysis of overcompensation issued by ANRE in late March, based on the monitoring year, it appears that there is an over 0.5 certified green wind energy, solar energy 3 and 0, 7 hydropower .
For these technologies , the specific investment (thousand euro / MW ) was lower than the reference value of 90,000 euro / MW for wind, 1.63 million / MW for solar and 1.33 million / MW Water energy, while the average level of the variable costs and fixed costrurilor is above the reference, except for solar energy.
The note states that reducing the number of green certificates for each MWh produced and delivered in central / electric groups, accredited after the entry into force of the decision of the Government, Technology wind, solar and hydro leads to lower contribution from renewable energy bills consumption and thereby increase the competitiveness of industrial products, especially energy-intensive products subject to a high risk of leakage .
" Accreditation of 100 MW photovoltaic 3 green certificates for each MWh produced and delivered, instead of 6, with 16% capacity factor and the green certificate price of 45 euro / pc drive lifetime of 15 years to lower contributions paid consumers with about 95 million. Accreditation of 100 MW wind turbines with 1.5 or 0.75 of the 2018 green certificates for each MWh produced and delivered, instead of 2 or 1 green certificate with 25% capacity factor and the green certificate price of 45 euro / pcs leads to lower contributions paid by consumers about 47 million, "according to the source.
Reducing the number of green certificates conform to legal provisions and is based on a program of monitoring and analysis of overcompensation accordance with a methodology approved by the European Commission as "a predictable act " contributing to a competitive market, shows the project authors.
Government has decided that from July 1, to be delayed granting a portion of green certificates to investors in small hydro, wind and solar power measure will be valid until March 2017 hydro and solar, and by 2018, the wind power .
The Normative act approved by the Executive provides a number of green certificates for each 1 MWh of new hydro power plants installed power less than or equal to 10 MW ( green certificate ) of wind power ( green certificate ), respectively solar power plants ( two green certificates ).