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Romania Is Getting Ready To Ride A Second Wave Of Renewable Energy Investments - Energy and Natural Resources

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Increasing the share of renewable energy use is an essential
pillar for Romania to meet its commitments under the European Green
Deal. The country must scale up the deployment of renewable
projects to achieve its 30.7 % target for 2030: some 6 GW
of new wind power and solar PV capacities need to be installed over
the next 10 years.
Renewable energy investors are ready to tap into this potential
and in the past year or so interest in the market has risen.
Greenfield investments and acquisitions of ready-to-build or ....

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Government to approve the Energy Strategy and the National Energy-Climate Change Plan this month

He participated in the Energy Forum 2021, organized by Financial Intelligence.
“In the last meeting of this month, we will approve in the Government the draft law on energy strategy, which we will send to the Parliament. Regarding the National Integrated Plan for Energy and Climate Change, it will be approved by Government decision at the end of this month. From then on, we will have new renewable targets,” he said.
According to him, PNIESC and the renewable energy targets that Romania has proposed could be revised in 2023, depending on the evolution of the market and investments.
Romania has assumed the achievement of a target of 30.7% regarding the share of renewable energy in 2030, compared to the level of 24% set as a target for 2020 and reached since 2017. ....

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