Finally, Romania is getting there! The contracts for difference, another step in the decarbonation process

The Ministry of Energy recently published for public consultation the draft Government Decision for the implementation and operation of the Contracts for Difference (CfD) support mechanism for low carbon technologies. Through this enactment, the Romanian Government establishes the general legal framework governing the implementation and operation of the support mechanism through contracts for difference meant to foster priority investment in technologies for the production of energy from onshore and offshore wind resources, solar photovoltaic resources, hydro resources, nuclear resources, hydrogen and energy storage systems. Founding Partner Gelu Maravela released a comprehensive article on this particular topic, detailing key terms of the CfD scheme, key tender requirements as well as requirements to be met. All the information is available here.