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Nita Says Romania Plans to Change Renewables Incentive Scheme

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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.

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To contact the editor responsible for this story: Irina Savu at isavu@bloomberg.net

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