The law for the support of renewable energy investments could be fully applicable by the end of September, Zoltan Nogy Bege, general manager of the Energy Efficiency Department within the Romanian Energy Regulatory Authority (ANRE), stated for Mediafax.

The law will allow companies that invest in wind farms to benefit from the system of green certificates and from non-reimbursable funds for investments, he added. After the government approves it, the emergency ordinance will go to Parliament.

Nogy Bege also explained that the price of electricity could grow by 10 per cent next year after an increasing number of wind farms become operational and investments are supported through the green certificates scheme. The new support scheme for wind power, consisting of two green certificates per MWh, will mean a EUR 3-5 hike in monthly bills this year if the scheme starts to be applied this September as estimated by ANRE representatives.

Read more on NineOClock.ro