Investors in Romanian power plants allowed to sell their output in advance, News
Romania’s legislation will be amended to allow investors in power generation units sell in advance their output to finance the investment, according to a bill quoted by Profit.ro.
Investors in energy projects, particularly those in renewable energy projects, have advocated for such a provision since 2012.
Currently, only producers licensed as such by the market regulator ANRE can attend the electricity market managed by OPCOM. The draft law should introduce an exception to this rule, which will allow an investor developing an electricity production capacity to sell on a dedicated market platform, without holding a producer license, the energy to be produced in the future by that production capacity and thus provide banks guarantees.
Separately, the draft law stipulates more flexible contracts on the already existing wholesale market. Another important innovation of the draft bill regards the capacity mechanisms, under which certain generation units (coal-fired plants mainly) will receive subsidies to maintain their capacity for emergency situations or during peak hours.
- June 14, 2023 The Serbian Institute for Critical Materials launches a regional mining platform for knowledge exchange
- April 24, 2023 Without sustainable mining, there is no renewable future
- March 25, 2023 Europe revives mining to reduce dependence on the import of key raw materials
- March 8, 2023 Calcium Carbonate Industry, Reshaping the Market Growth, Serbian supplier to match European industrial demand
- August 13, 2023 Environment South East Europe Watch temporarily suspends the activity
- August 9, 2023 Regional Coalition Aims to Protect Up to 400 Kilometres of Rivers Across Southeast Europe
- August 9, 2023 Meeting Serbia’s Energy Needs: A Smart Siting Map for Solar Power