Brokerul Zilei CEZ Romania: ANRE should grant bonuses to stimulate investments in new cogeneration plants

30 iunie 2009 de - 1236 vizualizari
CEZ Romania, the Czech group that controls the former Electrica Oltenia and a major investor on the local electricity market, recommends that the Romanian Energy Regulatory Authority (ANRE) grant bonuses of up to 150 percent of the average price at which electricity is traded in Romania in order to stimulate investments in new cogeneration plants.



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The company, which is involved in the construction of a new cogeneration plant, held talks at the end of last month with ANRE officials on the government’s draft ordinance regarding the setting of the support scheme to promote electricity produced in high efficiency cogeneration plants based on demand for useful thermal energy.

According to the proposal drafted by the authorities, Romania must modify its current cogeneration production system as soon as possible, first because of the age of the present plumbing system, and also in order to fall in line with European regulations, which ban any form of state aid.

Adrian Borotea, Corporate Affairs Manager of CEZ Romania, said that the project will enjoy the planned success if the Romanian state accepts to provide investors interested in Greenfield electricity production investments with conditions that are at least equal to those offered by other countries. If these conditions are inferior to those granted by developed states, the chances of attracting major investors will drop, mainly because of legislative instability and a lack of predictability on the local market.

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