Nita Says Romania Plans to Change Renewables Incentive Scheme

Feb. 28 (Bloomberg) -- Romania plans to change its renewables incentive scheme to reach a balance between the needs of the industry and of the households, according to Constantin Nita, the Minister Delegate for Energy.

The administration plans to sell a minority stake in Transgaz SA by about April 15 and another one in Nuclearelectrica SA by May 15, Nita said at a ZF Power Summit in Bucharest today.

“We have one of the most generous incentives schemes and we don’t want to eliminate it, we want to adjust it to reach a certain balance between the needs of the industry and of the households,” Nita said.