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Surging gas and carbon prices have put significant pressure on thermal generators across Europe, while the economics of renewables look better than ever in the short term. At the same time, medium and large industrial consumers are experiencing historically high power prices, and are looking for ways to hedge their energy costs.
With few remaining projects getting support from the Green Certificates scheme, and the CfD scheme being still uncertain, developers and investors explore the potential of PPAs as the next gear of growth in the Romanian renewables market. The development of merchant projects with PPAs could help de-risk investment for developers, enable large consumers to have more long-term control on their energy costs and play a decisive role in allowing Romania meet its decarbonisation targets.
Watch the recording and view the slides of our recent public webinar using the link below.