ROMANIA
WINDFARM 400 MW

ROMANIA WINDFARM 400 MW


Why Romania?

Romania accelerates expansion of renewable energies.


The share of renewable energies in Romania's national electricity mix is set to grow. By 2030, the government wants to increase the output of solar and wind power in the country by a total of 6 GW.


The Romanian government wants to accelerate the energy transition in the country. It plans to invest 150 billion euros in the expansion of renewable energies by 2030. A large part of the money is to flow into the expansion of the electricity grid, steam boilers and new power generation plants. In this way, the government wants to increase the total capacity of solar and wind power plants in Romania by 6 GW by 2030.



The investments are part of the National Energy and Climate Plan (NECP), which each EU member state had to prepare and submit to the EU Commission for the period 2021 to 2030. The Romanian government has now reaffirmed the goals stated in the NECP.

It plans to build wind farms with a total capacity of 2.3 GW and solar power plants with a total capacity of 3.7 GW. Thus, the share of renewable energies in the total national energy production is to increase by 35 percent in the next ten years. This could result in new business opportunities, especially for project developers and suppliers from the wind and solar energy sectors.


Renewables – solar, wind, hydro, nuclear
According to the NECP, Romania wants to ensure energy supply from internal sources as the primary objective for national energy security.


It aims to increase installed capacity by approximately 35% in 2030 compared to 2020 by building wind farms (2.3 GW) and solar power plants (3.7 GW), the NECP reads.

Romania plans to add 1 GW in hydropower plants, and 675 MW in nuclear power plants, but also to decrease the capacity in coal-based power plants by 1.3 GW, and in gas-fired power plants by 400 MW.


As stated in the commission’s assessment, the NECP explains the measures intended to reach the national renewables target for the electricity, heating and transport sectors, but there is no clear quantification of those measures.





















At this moment we have a lot of thoughts when it comes to hydrogen, but they probably do not think of generating it in a wind turbine. Even though precisely this generation in the turbine itself offers so many benefits and is able to reinforce the



Investments – EUR 150 billion needed


Romania has estimated investments for reaching the NECP targets at EUR 150 billion or around 7% of current GDP, of which
EUR 127 billion is for energy demand in the industry and the tertiary, residential and transport sectors. The funds will be spent on electricity grids, power plants and steam boilers.


The sources of funding are EU programmes and ETS revenues, but the commission said there are gaps in investment needs and that there are no details on investments generated by revenues from ETS allowances.


GHG emissions


The NECP sets a 2030 target of a 2% cut in non-ETS greenhouse gas (GHG) emissions. It is in line with the legislated national 2030 target.

The plan does not consider whether overachievement of the target could be cost-efficient if annual emission allocations were to be transferred to other member states, the assessment reads.


Energy efficiency – very low ambition
The country has increased the level of ambition of its national contribution to the 2030 EU level target compared to the draft plan. However, its planned contribution to primary energy consumption is still of low ambition, while for final energy consumption it is of very low ambition.

The commission welcomes Romania’s intention to go beyond a 3% to 4% renovation rate.






 




ROMANIA

WIND ENERGY FOR

THE FUTURE OF EUROPE


Worldwide - by 2050, wind energy could avoid the emission of 12.3 gigatonnes of greenhouse gases. Wind energy preserves water resources. By 2050, wind energy can save 260 billion gallons of water—the equivalent to roughly 400,000 Olympic-size swimming pools—that would have been used by the electric power sector.