Volciuc-Ionescu
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Romania: Kick-off for CfD Incentive Scheme for Renewables
In response to the ongoing energy crisis and the pressing need for carbon emission reduction, Romania designed the framework for implementing and operating the contracts for difference scheme for low-carbon technologies (“CfD Scheme“), offering a transformative support mechanism for renewable energy
Controversial act on the Romanian energy market adopted
Return to regulated prices and new taxes in the electricity and gas sectors
Quarterly distribution of dividends now allowed for Romanian companies
On 12 July 2018, Law no. 163/2018 was published in the Official Gazette of Romania amending the Accounting Law no. 82/1991 and Companies Law no. 31/1990, which introduces the possibility for companies to distribute dividends on a quarterly basis-as opposed to only annually, as previously regulated.
Romania - new changes to the renewables incentives scheme
Romania implemented a support system for renewable energy based on green certificates (GCs) granted free of charge to producers of electricity from certain renewable energy sources, and an obligation imposed on electricity suppliers to acquire a certain number of GCs.
Romania: Kick-off for CfD Incentive Scheme for Renewables
In response to the ongoing energy crisis and the pressing need for carbon emission reduction, Romania designed the framework for implementing and operating the contracts for difference scheme for low-carbon technologies (“CfD Scheme“), offering a transformative support mechanism for renewable energy
Controversial act on the Romanian energy market adopted
Return to regulated prices and new taxes in the electricity and gas sectors
Quarterly distribution of dividends now allowed for Romanian companies
On 12 July 2018, Law no. 163/2018 was published in the Official Gazette of Romania amending the Accounting Law no. 82/1991 and Companies Law no. 31/1990, which introduces the possibility for companies to distribute dividends on a quarterly basis-as opposed to only annually, as previously regulated.
Romania - new changes to the renewables incentives scheme
Romania implemented a support system for renewable energy based on green certificates (GCs) granted free of charge to producers of electricity from certain renewable energy sources, and an obligation imposed on electricity suppliers to acquire a certain number of GCs.