Green Certificate Scheme To Hike Power Prices By 5%-7% - Watchdog

04.07.2011 By Andrei Circhelan

Romania’s state aid scheme for renewable energy might increase electricity production prices by 5%-7%, local energy watchdog ANRE said Thursday.

Romania's state aid scheme for renewable energy might increase electricity production prices by 5%-7%, local energy watchdog ANRE said Thursday.

"The impact of green certificates on energy prices will be of 5%-7% this year, from the current EUR45-47 per MWh," ANRE official Radu Regman told a seminar held by business daily Ziarul Financiar.

The state aid scheme supporting renewable energy production has a total budget of EUR10.5 billion until 2031.