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Only 906 green certificates were traded in January

4 February 2016
Renewables
energynomics

In the auctions organized in January, regarding the Centralized Green Certificates Market (PCCV), operated by OPCOM, they were traded in total 906 green certificates, annouced the energy and gas stock market exchange.

The 107 participants have launched 104 offers for sale andthree purchase offers and the closing price was 131.0847 lei / certificate, equivalent to about 29.1 euros / certificate, ie the minimum price allowed by law at this time. The maximum amount allowed for trading is 267.0358 lei / green certificate.
The equivalent of the unacquired green certificate by the economic operators who have an annual obligation of acquiring green certificates, for failure of the mandatory quota of green certificates, ammounted last year at 534.0673 lei / green certificate, according to ANRE.

In 2015, the number of green certificates traded on PCCV fell over 73 times at 36 618 certificates, compared to over 2.675 million traded in 2014, according to data from OPCOM. The energy stock exchange evaluation suggests that 98% of the transactions with green certificates last year were made in the first four months of the year, while in May, June and July no transaction was performed.

For this year the government approved a 12.15% share of renewable energy, a level severely challenged by business associations in the sector. According to industry associations, the Government approved the share sale to ensure a maximum of 50% of green certificates to be in the market. The surplus this year will reach nearly 6.8 million green certificates, plus more than 4 million certificates that remain unsold from last year.

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