Search results for "green certificates"
showing 3 items of 3 documents
Economical Analysis of Financial Supports for Large-Scale Photovoltaic PV plants in Eastern Europeen Union Countries
2010
Today, photovoltaic (PV) attracts considerable interest among renewable energy sources (RES), because of its potential to significantly contribute to the future of clean energies. However, PV development is strongly related to the support policies introduced by national governments. The modification or fading out of such support schemes can strongly influence the development of the PV market in any given country. Although the PV market in European developing countries is still quite small, it has been growing rapidly in recent years. Until 2006, the installation of small off-grid PV plants prevailed in eastern EU countries. Starting from 2008, large-scale on-grid PV plants have been put int…
ENERGY FOR ROMANIA FROM RENEWABLE RESOURCES
2012
The European Union admits the fact that energy is essential, for the development of the European economy, but that it also constitutes a challenge, due to the impact on climate change. In Romania, as well as in all the countries of the European Union, which have chosen to promote renewable energy, governments have come up with support frameworks for investors in this field. In Romania’s case, the option for green schemes and compulsory quotas was selected, meaning that each energy producer, which produces renewable energy, receives a number of green certificates for each MW produced, depending on the technology it uses. The price of such a green certificate varies between 27 – 55 Euros. The…
Accounting Changes on Green Certificates in Romania
2017
The purpose of green certificates is to get more renewable electric energy into the energy market at the expense of traditional energy, which in most countries is based on fossil fuel. These renewable technologies are too expensive to enter the market on commercial terms. A key feature of the scheme is that producers of energy based on new renewable energy sources receive certificates from the authorities, proportional to their output. The users of electric energy are required to buy a certain amount of these certificates when they buy electricity. Green certificates may in principle contribute to a reduction of the production of traditional energy.