Wind energy

   Romania’s potential in wind energy is considered the highest in south eastern Europe. The Moldova and Dobrogea provinces (in the southeast of the country, near the Black Sea) were considered the most appropriate areas for wind farm developments. In particular, the southeast of Dobrogea was ranked, according to different specialized studies, second in terms of potential in Europe.

   Romania is lucky to have large areas of onshore locations in areas of low population that are classified as excellent on the American Wind Energy Association (AWEA) scale. The low environmental impact in these areas of low population, in a coastal belt devoid of buildings or forested areas provides optimal wind conditions for Wind energy development.

   In view of recent cuts in FIT’s announced in Germany, Spain, France, UK, Czech Republic, Slovakia, Bulgaria and Italy, Romania represents a stable investment environment in South-East Europe with clear rules and green certificates support scheme.

   Once the support scheme for all the producers of green energy was implemente, the Romanian wind energy market simply exploded starting with 2012.

   Therefore, at the end of 2014 about 3.000 MW were already operating – target which Romania proposed only for the end of 2016.

   The wind potential of Romania is estimated at 14,000 MW installed capacity, equivalent to total annual production of 23 TWh. According to a development scenario proposed by the National Institute of Energy (IRE), it would be sustainable for wind farms units to make a contribution of 13 TWh in 2020, which would involve complementary development of flexible gas turbine power units up to production of 15 TWh. The anticipated implementation of up to 3,000 MW in wind farm capacity in the period up to 2011-15 would lead to an increase in the total investments in new capacities of over EUR 5bn (+28%).

    As a result, for the incoming years it is expected that the renewable energy sector will face a decline, but, considering the fact that the support scheme remain attractive, for sure investments in wind capacity will continue.