The investors present at the Green PPA conference highlighted the delay with which long-term bilateral contracts are concluded in Romania. At the same time, they ask the authorities for predictability in regulation, especially in the case of the removal of the mandatory MACEE energy purchase mechanism, through its gradual elimination, in order not to distort the market.

“If MACEE is suddenly abandoned, suppliers have nowhere to purchase energy… a strategy should be announced in advance,” said Laurențiu Urluescu, president of AFEER.

At the same time, suppliers cannot acquire or trade Guarantees of Origin in Romania, despite the fact that the guarantee transfer system should have been regulated as early as June 2023.

“Romania and Poland are the only ones that have not implemented the transfer system of guarantees of origin from the Union,” said Mihai Verșescu, general secretary, Patres.

Cross-border PPAs need Guarantees of Origin, and the framework in Romania is outdated, dating back to 2011, emphasized Doru Voicu, Strategy Director, Renovatio Trading.

Other barriers to signing PPAs are off-takers’ lack of confidence in subsequent price conditions, relatively high costs compared to other countries, the lack of a clear regulatory framework and postponing decisions until the MACEE mechanism is removed.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.