Feb. 28 (Bloomberg) -- Romania will increase its wind power capacity to 1,400 megawatts by the end of this year as the country seeks to raise electricity output from renewable energy sources.
Power produced by wind parks will increase from the current 800 megawatts, Environment Minister Laszlo Borbely said at a conference in Bucharest today. Romania has the potential to produce about 1,100 megawatts of power from micro-hydro plants and plans to raise their installed output capacity to around 400 megawatts by the end of the year from 300 megawatts now, he said.
The country approved a plan to support investments in green energy by granting so-called “green certificates” as it seeks to produce 24 percent of its energy from renewable sources by 2020. Each megawatt-hour of electricity produced from wind gets two green certificates, while a megawatt-hour produced by a new hydro-power plant gets three certificates.
The value of a green certificate varies between 28 euros ($38) and 57 euros, Borbely said.
Companies operating wind farms in Romania include CEZ SA and Enel Green Power Spa.
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