President Traian Basescu rejected the law postponing subsidies for renewables, claiming that the Government has violated the European legislation

President Traian Basescu on Tuesday sent for re-examination to the Parliament the law approving GEO no. 57/2013, considering it inopportune. The respective ordinance stipulates that, from July 1^st 2013, granting a number of green certificates for the renewable energy industry is postponed, their recovery following to be achieved as of January 1^st 2017 for hydropower stations and solar power plants and as of January 1^st 2018 for wind power plants. According to a press release of the Presidential Administration, law sent for promulgation approves the Government Emergency Ordinance no. 57/2013, which amends and supplements Law no. 220/2008 for the establishment of the promotion system for energy generation from renewable energy sources, normative act that amends the state aid scheme SA 33134 2011/N-RO. President Traian Basescu “believes that approving the Government Emergency Ordinance no. 57/2013, until the fulfilment of obligations under the Treaty on the Functioning of the European Union, is inappropriate and exposes Romania to prior complaints on the violation of constituent treaties of the European Union”. The Chamber of Deputies adopted on December 17^th 2013 the ordinance on renewable energy, which stipulates the postponement of green certificates payment for a period of 3 years and trading such certificates on the energy exchange. Deputies adopted the law approving the ordinance with 243 votes “for”, 46 “against” and 21 abstentions.