Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Study: Investors' access to the electricity production market...

Study: Investors' access to the electricity production market from renewable sources is difficult

November 9, 2023

The participants in the process of connecting to the electricity grid encounter a series of legislative, bureaucratic barriers associated with financing barriers, but also some generated by the insufficient development of the electric transmission and distribution networks, is the conclusion of a study carried out by the Competition Council and the National Regulatory Authority in Energy (ANRE)."We are particularly interested in the process of connecting the new production capacities from renewable sources to the transmission/distribution network, considering that several financing schemes have been launched, through the National Recovery and Resilience Program, but also through other national and community investment programs. In this context, the priority is the optimization of national authorization/approval procedures, with the aim of reducing project implementation times. At the same time, it is very important to distinguish between strictly necessary regulations, with essential role in ensuring the quality of services, and those that are not strictly necessary, even potentially harmful to the development of the market," said Bogdan Chiritoiu, the president of the Competition Council.The study shows that the most frequent problems encountered by companies when entering the market of electricity production from renewable sources refer to the administrative authorization process (bureaucracy, non-transparent processes, the long duration of issuing the technical approval for connection (ATR), interpretable and insufficient legislative framework). At the same time, other problems related to the insufficient investments in the development of electricity networks, the lack of experience in working with renewable projects of the personnel involved in various stages of the authorization process, the development of speculative investments were identified.In this context, the competition authority and the energy regulatory authority formulated a series of proposals and recommendations to eliminate or mitigate the barriers identified in the study."The implementation of a "one-stop-shop" module dedicated to obtaining the license in the field of electricity production from renewable sources, as a distinct part within the electronic single point of contact for the industrial license, could have multiple benefits from the point of view of reducing time for granting licenses and, implicitly, for connecting to the network, from the point of view of transparency, standardization and uniformity of the process," the press release reads.  

Read in full - click here
Gross income in October 2024 for full-time employees - RON 8,374 

The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]

Number of building permits for residential properties up 4.1% in first ten months

 Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]

Ministry of Finance: VAT revenues increased by 6.7 billion RON in third quarter of 2025

 VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]

BCR lists RON 1.12 bn bond issue on Bucharest Stock Exchange

Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]

Study: Romania is among the region's most dynamic insurance markets 

  Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]

Romanian and foreign investors request again elimination of minimum turnover tax

  The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]