Legislative stability is the driving force in the transition to renewable energy

Cristina Prună, Vice-President of the Chamber of Deputies, highlighted at the Solar Energy Bucharest Summit that legislative stability is essential for the success of the renewable energy sector. In order to gain the confidence of investors and promote the development of clean technologies, the implementation of a stable and predictable legislative framework is imperative.

The representative of the Chamber of Deputies drew attention to the fact that frequent changes in legislation and regulatory instability in the last year do not encourage potential investors, who want predictability and long-term projects. In this regard, it is necessary for the Government and Parliament to work together to develop sustainable energy policies that promote legislative stability and provide an environment conducive to the development of renewable energy projects.

"There are two extremely important things that we need to watch carefully:

Legislative stability

Last year there were a lot of Emergency Ordinances, a lot of changes in legislation that created this unpleasant feeling of instability. On the one hand we can say that there was a crisis and then you have to respond and make quick decisions. On the other hand, you also need to see how you make those decisions so you don't completely upset investors.

Green energy sector needs investment

Investments in the distribution transmission networks are needed, to go hand in hand with storage, especially to meet the need to develop new projects, because, after all, investments can get us out of this crisis that is not yet over.

Investments that go towards electrification can help us avoid another crisis. I think this law we have in place, which regulates the market until 2025, should be reviewed. We have seen the European Commission's recommendations that Member States need to rethink these subsidy measures. Maybe we should also look at the area of surcharging. Obviously the Government has the most power in this area, but Parliament must debate the laws, which I believe should create this market framework that does not drive investors away, but on the contrary creates a friendly environment for them. What we should be interested in is to have good laws for the market, in the area of prosumers, which has developed a lot", said Cristina Prună.

The three pillars of an efficient and sustainable energy system

The Vice-President of the Chamber of Deputies stressed that investments in energy transmission and distribution infrastructure, as well as in storage capacities, are essential to ensure an efficient and sustainable energy system. These investments can help to create an infrastructure capable of supporting the growth of renewable energy production and meeting increasing market demands.

"Intermittent generation in the renewable area poses a problem. To encourage storage, we introduced a bill last year to come in and incentivise, especially by exempting the batteries used from grid charges, to provide system services, balancing, and this we believe would be a solution to encourage storage.

Investment is needed in transport, in distribution. Here, at the legislative level, unfortunately, there is much less room for manoeuvre. Here we need to look at how we can access all the European funds that we have and I hope that the Ministry will do its job, do the right thing, so that we do not have any more delays and that the money will actually reach the market and help, on the one hand, the development of the networks, but on the other hand, we obviously have those European funds to help the development of new projects, including photovoltaic projects. It's important to understand better how we can change the legislation so that things are easier and Romania can reach its potential and all that effervescence that exists in the market can be captured in new investments." explained the representative of the Chamber of Deputies.

The speech of Cristina Prună, Vice-President of the Chamber of Deputies, highlighted that making the transition to clean energy requires collaboration between all stakeholders, including authorities, grid operators, investors and civil society, to create a constructive dialogue and develop policies and regulations tailored to the needs and challenges of the changing energy sector.