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Romania to Cut in Half Clean-Energy Subsidies Paid by Consumers


Romania plans to temporarily cut in half subsidies energy consumers pay for clean power by holding back one in every two green certificates it currently awards to utilities for generating electricity from wind turbines. The frozen certificates, which electricity distributors are obliged to buy before passing on the cost to consumers, will be paid out from 2017, Energy Minister Constantin Nita said today. The suspension of certificates is due to start in July, he said.

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