INFLUENCE OF SUPPORT SCHEME ON ELECTRICITY PRODUCTION FROM RES IN ROMANIA.

Renewable energy sources (RES) are of great interest across the world, since it can be used to obtain clean, green energy, thus minimizing the environmental pollution. Romania has an important potential for development of renewable energy, in the hydro, wind, solar, geothermal, and biomass fields. But the market of RES expands or shrinks being influenced by policies, technologies and financial support change. The transposition of Directive 2009/28/EC of the European Parliament on the promotion of the use of energy from renewable sources in Romania is law 220/2008 which establishes as support scheme for electricity production from RES mandatory quotas combined with tradable green certificates. Since then and till the end of 2016, when the support ended, there have been many changes of the scheme which impacted the investments in RES based plants. The paper shows how the changes of the number of GC received per MWh established at a certain stage by the law influenced the development of the sector. [ABSTRACT FROM AUTHOR]