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Editorial
Preparing the ground for a green energy powerhouse |
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Foreword
Power shake-up opens door to renewable |
Since 1990 Romania has shown that when it has the zeal for a new sector, entrepreneurs power forth in blind hope that money can be made by any means possible. These fools do not rush in, they bulldoze in and refuse to face up to a failure of their vision - even when their flats are re-mortgaged, the bailiffs are ...
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Private companies are muscling in on Romania’s state-owned electricity generation sector for the first time since the fall of Communism
Romania is facing the largest overhaul of its energy production sector since the Communist period’s grand designs of massive power stations to electrify ...
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| Balancing out the new power revolution |
Wind energy has become the most dynamic industry in Romania in 2010, as well as the country’s main target of foreign investment.
Led by energy groups such as the Czech Republic’s CEZ, Italy’s Enel and Portugal’s EDP Renovaveis, the southeast Romanian region of Dobrogea has transformed from a barren landscape of fields plagued by a biting wind into a mine of power.
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Wind
A breath of fresh air |
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Biomass
Country wises up to biomass |
After a year of developing from near-zero, wind power is set
to double its growth in the Romanian energy market in 2011. While Romania
suffered from a
second year of
decline, a freeze on foreign investment
and a boom in inflation in 2010, one
industry was powering forth - wind
energy.
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Transforming wood, straw and trash into energy is attracting industry, investors and local Government looking for a self‑sufficient and cost-effective power solution.
Due to Romania’s massive forestry resources and expansive agricultural estate, the country offers a valuable ...
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Small hydro
Small hydro in the balance |
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Solar
Bright future in need of support |
A classic long-term investment, small hydro is developing slowly as opportunities open for building new power stations and revamping a state-owned energy giant’s estate of over 150 units.
Romania’s hydro power estate is split between the state-owned mammoth Hidroelectrica and a series of small ...
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Romania’s development of a solar power estate will depend on the delivery of a strong and reliable subsidy scheme.
Solar power is an expensive power resource which requires large up-front costs and banks in Romania have been unwilling to finance deals until the country enforces a clear subsidy scheme.
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Technology
Taking tech to the next level |
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Financing
Local banks yet to wise up to green power revolution |
Into the sea, on the mountains and into unexplored
terrain - where the next stage of development
in Romania’s wind estate is set to venture.
In two years Romania has sped up the development of its on-shore wind farms, but now investors are looking for fresh terrestrial and maritime opportunities ...
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Romania’s renewable energy boom is winning finance from western European capital, while local lenders are reluctant to take on the risk.
Romania’s renewable energy sector is the most dynamic area of investment in the country, boosted by an availability of resources, a choice of Government ...
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2011 Edition
In recent years, Romania has emerged as one of the leading destinations for investors looking to develop projects in the renewable energy sector.
This report gives an overview of the renewable energies market in Romania.
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| The Diplomat - Romanian Green Energy Conference 2011 |
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