ARTICLE · 01 APRIL 2024

CfD Scheme For Renewables To Go Live In 2024

Schoenherr (Schönherr Rechtsanwälte)

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In March the European Commission approved a EUR 3bln (RON 15.22bln) Romanian scheme to support installations producing electricity from onshore wind and solar photovoltaic.

RomaniaEnergy and Natural Resources

Monica Cojocaru

Vlad Cordea

Cristina Olariu

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In March the European Commission approved a EUR 3bln (RON 15.22bln) Romanian scheme to support installations producing electricity from onshore wind and solar photovoltaic. The approval relates to an initiative launched for consultations by the Ministry of Energy in August 2023, aimed at implementing a Contracts for Difference (CfD) support mechanism for low-carbon technologies (the "CfD Scheme").

In the wake of the Commission's approval, the Romanian Government published for consultations a draft decision enacting the general framework for the CfD Scheme, as well as a template CfD contract. Interested parties were invited to submit observations until 25 March.

Who can apply?

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CfD Scheme For Renewables To Go Live In 2024

Who can apply?

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