German utility EON has outlined plans to build a 100MW wind farm in Romania by the end of 2014, taking advantage of the country’s support for clean energy generation.
The country plans to secure clean energy investments worth €5bn by the end of 2020 to meet the growing domestic power demand.
EON chief executive officer Frank Hajdinjak was quoted as saying by Bloomberg that the farm could be expanded to 300MW, should the country maintain similar levels of incentives.
Romania currently offers two green certificates for each MWh of wind energy generated but it could be limited in the future.
Minister Delegate for Energy Constantin Nita told local newspaper Bursa that going forward the green certificates for wind power generation may be limited and cut the number of given out.
"We have to wait for the final board decision on our investment plan as it depends very much on how much we can develop. The cost for a megawatt is around 1.6 million euros," concluded Hajdinjak.