New Aid Scheme For Energy Based On Biomass, Biogas, And Geothermal Source

THE RELEVANT NUMBERS

The Romanian Government approved (effective as of 14 April of this year) a State aid scheme which is aimed at stimulating investments in an area which both government officials and market players view as insufficiently developed – the production of energy (power and/or heat) from biomass, biogas, and geothermal sources.

Below we offer a presentation of the scheme in terms of its eight (8) most relevant numbers.

60MW is the amount by which the State targets to increase the existing installed energy production capacity from those sources upon which the scheme is based. The Government estimates that approximately 40 investors would benefit from the newly adopted scheme.