The new EP is extremely unlikely to change the direction of green policy
- Admin
- Jun 24, 2024
- 1 min read
The new EP is extremely unlikely to change the direction of green policy. All countries have announced increased investment in green energy and billions of euros to modernize distribution networks. Liviu Gavrilă, Vice President of RWEA, stated that wind and photovoltaics are driving down the energy prices. Romania needs to build hundreds of gigawatts (GW) of green energy generation capacity by 2030. Companies in Romania are waiting for Contracts for Difference (CfDs) to enter into force for predictability and to calibrate their investment plans.
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