Law no. 155 of July 24, 2020 for the modification and completion of the Law on electricity and natural gas no. 123/2012 and regarding the modification and completion of other normative acts

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CCLW national policies

Law no. 123 of July 10, 2012 of electricity and natural gas

Law amended

Law passed

The law established a legal framework for establishing the free functioning of the National Energy Regulatory authority (ANRE, which replaced the Romanian National Energy Conservation Authority) to regulate electricity and heat production and its use to enable optimal use of primary energy sources, ensure availability and affordability, safety, quality and environmental protection based on the National Energy Strategy.It also established a framework for cogeneration, diversification of energy resources, transparency of tariffs prices and taxes, promotion of renewable energy and reduction in consumption. The law was amended on May 19, 2020, by Government Emergency Ordinance no. 74/2020 to expand the possibility of contracting power purchase agreements. This Ordinance was motivated by the desire to improve the uptake of renewable energy in the country. Law no. 155 of July 27, 2020, amends and supplements Law no. 123/2012 and other normative acts. It notably sets the legal framework for licensing around hydrogen and amend tariffs rules. Law no. 290/2020 amends the law to transpose EU Directive 2019/692 (amending Directive 2009/73/EC).

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

Risk is the potential for adverse consequences resulting from the dynamic interplay between (climate-related) hazards, exposure, and vulnerability of affected human or ecological systems.

Groups  of people who are adversely affected by climate change or the response to it

A set of principles, processes, and practices that build economic and political power to shift from an extractive economy to a regenerative economy.

Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

Fossil fuel is a generic term for non-renewable energy sources such as coal, fossil gas, and oil (including crude oil, and petroleum products), that can be used for electricity and heat generation. Fossil fuels are hydrocarbons formed from pressurised and heated organic material buried over millions of years.

Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

In human systems, the process of adjustment to actual or expected climate change and its effects, in order to moderate harm, increase resilience or exploit beneficial opportunities. In natural systems, the process of adjustment to actual climate change and its effects; human intervention may facilitate adjustment to expected climate change and its effects.

The management and allocation of funds, assets and investments to meet various objectives