* The cost of green certificates may "freeze" at its current level
Romania has pledged to the European Union, to have renewable energy (obtained using wind, sun, water, biomass and biogas) reach a weight of 24% of the total gross national consumption, in 2020. In order to reach that goal, the authorities have adopted the most generous aid scheme for clean energy, based on mandatory quotas for green energy certificates. The initiative led to a "boom" of investments in the sector, while concurrently causing a proportional increase of the costs borne by all categories of consumers. Well, the "boom" was so big that Romania will reach its quota by next year, according to some sources from the ANRE (the regulator of the energy market), which claim that there is a great chance that the energy bills will stop rising, at least on account of the green certificate segment.
The major companies in the industry claim that the " boom" of renewable energy and the heavy drop of consumption this year have caused Romania to reach in 2013 the goal it has set for itself for 2020, namely, to have renewable energy account for 24% of the total gross national energy consumption.
Sources from the ANRE (our energy market regulator) told us that the major consumers are right and they added that the Authority has addressed to the Government a notification concerning the results of the green energy market: "Assessing the impact of green certificates on energy bills and the installed power in the centers for production based on renewable sources, I have found that at the end of 2013 we can say that Romania has reached its goal it has assumed as part of its EU membership, concerning the weight of green energy in the gross energy consumption. As a result, the ANRE considers that the reduction of the mandatory quota of green certificates for 2014 is necessary, from the