27 Dec '11, 2pm

Renewable Energy Recap: Romania

Renewable Energy Recap: Romania

Since 2003, global consultancy Ernst & Young has released its Country Attractiveness Indices, which gives a numerical ranking to 30 global renewable energy markets by scoring renewable energy investment strategies and resource availability. The indices are updated on a quarterly basis and the most recent report can be found here . Here is the firm’s assessment of Romania. Policy It has been a year since Romania was added to the CAI (Issue 27), when we reported on the country’s revised renewable energy Law which, if implemented, would significantly boost the country’s RES-E by offering differentiated, and potentially lucrative, GC packages across all renewable technologies. In short, it represented one of the most attractive renewable energy schemes; however, application of the Law has been stalled since 2008. This legislative delay has resulted in uncertainty of returns fo...

Full article: http://www.renewableenergyworld.com/rea/news/article/2011...

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