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Romania slashes renewable energy subsidies

December 29, 2013

Romania will cut its support scheme for new wind, solar and small hydro renewable energy projects from January, a government decree said today (17 December), to avoid overcompensating producers and curb price increases for industry and homes.The incentives give developers green certificates for each megawatt generated and force power suppliers and large users to buy them based on an annual quota

The text of this article has been partially taken from the publication:
http://www.romanianewswatch.com/2013/12/romania-slashes-renewable-energy.html
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