Electricity law, rewritten with the help of the EBRD – talks with the WB for the natural gas Law

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The electricity law is being rewritten through a consultancy program carried out with the help of the European Bank for Reconstruction and Development (EBRD), the government being in talks with the World Bank to obtain the institution’s support for amending the natural gas law, the secretary of state Niculae Havrileţ announced on Tuesday. He also said that the Land Law will also be changed to allow the use of agricultural land for new electricity generation and storage infrastructure.

“We have opportunities… onshore as well as offshore, with important possibilities to obtain electricity using the Black Sea… This energy is very well suited to its transformation into hydrogen. In a short time, hydrogen will be the most used fuel especially in the area of heavy transportation, either by ship or air. We want to have a new Electricity Law, which is now being rewritten through a consultancy program with the help of the European Bank for Reconstruction and Development. We are also discussing with the World Bank to get support for the modernization of the Natural Gas Law. (They may be bound) in a single normative act, on two chapters, or they can be presented as two separate laws,” the Energy Ministry official was quoted as saying by Agerpres.

He pointed out that Romania has many opportunities in terms of developing new infrastructures for the production and storage of electricity from renewable sources.

“The modernization fund… supports to a very large extent the production of electricity from renewable sources. We have this trading action of carbon dioxide certificates through which, on the one hand, we are penalized for taking electricity from sources that pollute in – an important proportion, and I mean coal, but on the other hand from the price of these certificates new capacities for the production of electricity from clean sources can be born. Romania has many opportunities in relation to other countries in terms of the development of new green output production and storage. Within the works of the Ministry of Energy, an important place has the legislation to improve, to facilitate the obtaining of European funds for the encouragement of the investors who invest in new capacities of electricity production. We want to amend the Land Fund Law to allow the use of agricultural land for new electricity production infrastructures and storage,” Havrileţ added.

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