In Romania there will be used a new system for annual mandatory quota of green certificates combined with the system of trading green certificates for the promotion of electricity production from renewable sources of energy, according to a government press release published last Thursday.

The executive approved, by means of a decision, the system of promoting electricity production from renewable sources of energy as well as the means of implementing the support scheme of its production by means of green certificates.

For the period 2008-2012 the annual maximum and minimum value for Green Certificates trading is 27 Euro/certificate, respective 47 Euro/certificate, calculated at the exchange course established by the Romanian National Bank, for the last working day of the October of the previous year.

The mandatory annual quota of green certificates for the period 2008 – 2020 are: mandatory quota for this year is 5.26%, for 21009 – 6.28%, 2010, 2011, 2012 – 8.30%, 2013 – 9%, 2014 – 10%, 2015 – 10.8%, 2016 – 12%, 2017 – 13.2%, 2018 – 14.4%, 2019 – 15.6% and 2020 – 16.8%.