In 2012 Romania installed 28.9MW of PV capacity which is 14.1MW short of its 43MW target, according to data published by Romanian grid operator Transelectrica.
The target was set by the General Director of the Romanian National Energy Regulatory Authority (ANRE), Zoltan Negy-Bege earlier in 2012 when Romania was showing robust growth.
Since the introduction of the green certificate scheme in August 2011, Romania’s PV market has grown notably. The certificates are granted to electricity producers for each megawatt hour generated from renewable sources including solar.
The electricity suppliers are required to acquire a certain number of green certificates every year. If they fail to do so they must pay a penalty. The penalties are collected by the transmission system operator and transferred to the Romanian Environmental Fund, which will use them to support small individual producers of electricity from renewable sources.
However, in November 2012 ANRE put forward a proposal to reduce the number of green certificates awarded to investments in PV.