🌞 We’re proud to have shared our insights with Energynomics , highlighting the remarkable progress, challenges, and future prospects of Romania’s renewable energy market. Here are the key facts and figures from our contribution in the interview given by our Executive Director, Andrei Manea: 🌟𝟮𝟬𝟮𝟰 𝗠𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲𝘀: Total installed capacity grew to 5 GW (up from 3.2 GW in 2023), led by 170,000+ prosumers contributing over 2.2 GW and 600 MW from large-scale photovoltaic projects. 🔮𝟮𝟬𝟮𝟱 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝗶𝗼𝗻𝘀: An additional 2 GW is expected (1 GW utility-scale and 1 GW from prosumers). 🎯𝗠𝗲𝗱𝗶𝘂𝗺 𝗧𝗲𝗿𝗺 𝗚𝗼𝗮𝗹𝘀: On track to surpass the 9.9 GW target set in Romania’s National Energy and Climate Plan (NECP). 𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: ⚡ Cost Dynamics: While CAPEX for renewable projects is decreasing, global economic factors may soon stabilize or reverse this trend. ⚡ Market Stabilization Tools: Mechanisms like CfD (Contracts for Difference) and PPA (Power Purchase Agreements) are essential for reducing market volatility and attracting new investments. ⚡ Prosumers’ Growth: Their role continues to grow, showcasing the potential for distributed energy in Romania’s renewable ecosystem. 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗼𝗻 𝘁𝗵𝗲 𝗛𝗼𝗿𝗶𝘇𝗼𝗻: ⚡Grid Infrastructure: Connection delays in high-demand areas hinder the pace of renewable integration. ⚡Regulatory Adjustments: Recent changes, such as moving to auction-based grid access post-2026, risk slowing down investment momentum. ⚡Investment Guarantees: While ANRE’s guarantee system is a positive step, it needs further refinements for broader industry confidence. Romania is not only one of the fastest-growing renewable energy markets in the region but also a standout player in job creation, ranking among Europe’s top five for employment in the solar industry. 💼 📖 For a deeper dive into these topics, check out the full article in the Energynomics Winter 2024 edition: https://lnkd.in/d9qpR6wH
RPIA - Romanian Photovoltaic Industry Association’s Post
More Relevant Posts
-
Energy transition in real business cases...
"It's imperative for industry professionals to not only keep pace but to lead the charge towards a sustainable future.” Hear more from Pierre Emmanuel d'Huart (Head of Offshore Technology Development, Saipem and SPE Regional Director), along with Francesca Verga, Politecnico di Milano, and Terry Palisch, Carbo Ceramics, in our upcoming SPE Live episode on the Energy Transition. Join us on the 29 May: https://lnkd.in/dr86ag6B #SPEjpt #Energy #OilandGas
-
-
Grad #Zagreb je obavio nabavu izrade Studije izvodljivosti za identifikaciju i implementaciju optimalnog modela opskrbe Zagrebačkog Holdinga d.o.o. i Grada Zagreba #zelenom električnom #energijom za #sunčane elektrane snage 15 MW te #bioplin snage 4,2 MW The city of #Zagreb procured a Feasibility Study for the identification and implementation of the optimal supply model for Zagrebački Holding d.o.o. and the City of Zagreb with #green electric #energy for #solar power plants with a capacity of 15 MW and #biogas with a capacity of 4.2 MW https://lnkd.in/dVEFGMSd
-
Some good news:
An important milestone for Vienna's first deep #geothermal plant has been reached #OMV and Wien Energie GmbH, through their joint venture deeep, have completed the necessary approval procedures and are starting to set up the well site. The deep wells are the centerpiece of the facility in Aspern. They will reach depths of over 3,000 meters to use the hot formation water for heat generation. OMV is responsible for the subsurface section of the deeep project. "OMV is committed to achieving net-zero emissions by 2050 at the latest. Geothermal energy plays an important role in our strategy. With this innovative technology, we are reducing CO2 emissions and countering #climatechange. We are drawing on our decades of experience in the exploration and drilling business. With the construction of the well site, we are now one step closer to the sustainable production of district heating in Vienna,” said Alfred Stern, Chairman of the Executive Board of OMV Aktiengesellschaft. Find out more here: https://lnkd.in/eJyh7KcK
-
-
Energy Industry Review proudly presents the first panel of Energy Tech Day 2024. "Romania Ensuring Access to Affordable, Reliable, Sustainable and Modern Energy"
Energy Industry Review proudly presents the first panel of Energy Tech Day 2024. "Romania Ensuring Access to Affordable, Reliable, Sustainable and Modern Energy" Slobodan Stojic - Principal Reservoir Geologist, SLB Vladislav Atanassov - Senior Advisor Business Development, Exploration and Production, OMV PETROM VASILE CARSTEA - General Manager, DEPOGAZ Alexandra Damascan-Armegioiu - President, SERINUS ENERGY ROMANIA Adrian Staicu - Business Development Manager, XP FLORINA CIULEI - Marketing Representative, INCDT COMOTI Narcis Eduard Floricioiu - Deputy Technical Development Director, CHIMCOMPLEX Raluca Alexandra Covrig - Director of Public Affairs and Communication, OIL AND GAS EMPLOYERS’ FEDERATION
-
-
Nordion Energi-St1 bioLNG Gothenburg co-op The Swedish energy infrastructure company and the Finnish energy company are eyeing the set-up of a liquefaction terminal for bio liquefied natural gas (bioLNG) in the Port of Gothenburg. Learn more > https://lnkd.in/dXE5xYAW / Nordion Energi / St1 Nordic Oy / St1 Sverige AB / St1 Biokraft / The Port of Gothenburg / Carolina Wistén / Matti Oksanen /
-
-
Estonia picked French company Oxan Energy as the winner of the auction for the Saare 1 #offshorewind area. Oxan won after placing the sole bid, at the auction starting price of EUR 1.32 million. The company plans to install 60 turbines for 900MW of total capacity.
-
-
About one month to go untill the Montel Group #guaranteesoforigin course! If you want to understand the system, markets and new developments, we have it all set up for you! This is how we'll get you certified on your GO-market knowledge: 1️⃣ Go here and sign up for the course: https://lnkd.in/eKDUGhAj . You will immediately get a sign up link for the online material. 2️⃣ The Online material covers all the basics of Guarantees of Origin system and markets. Study, navigate, answer quizzes and get on top of all the basics. This will have you all set for 7.5. 3️⃣ Get your certification on the fundamentals and show it off on your LinkedIn. 4️⃣Join us in Oslo or online on 7.5. to dive deeper into current developments. The expert speakers will present current developments and answer all of your questions. See the program here: https://lnkd.in/dtBncUJw After the course you will understand the fundamentals of Guarantees of Origin system, recent developments and are able to navigate in this space with ease. Sounds like fun? We can't wait to see you in Oslo or online!
I'm delighted to announce Montel Group’s Guarantees of Origin (GO) Certified Course with live event taking place on 7 May! GO experts and panel discussion: I will be joined by six experts representing (practically) the whole GO value chain, able to answer any questions you may have, no matter if you are a renewables trader, an energy/sustainability manager or analyst looking to assess the impact of GOs. Sign up to learn more from some of the GO market's leading minds: Manuela Rodriguez Lead Legal Counsel, CerQlar Emine Duygu Sisman Senior Business Developer, EPEX SPOT Stefan Sanne Head Of Trading Green Products at World Kinect Energy Services Carmen Rodriguez Valdes Gas Guarantees of Origin expert, Enagás GTS Tomas Tuominen Senior Vice President - Power Markets, Renewable Power Capital Mathijs Huls Global Renewable Power Analyst, STX Group Laura Malinen Market Manager, Guarantees of Origin, Montel Marketplace Networking: You are also invited to networking events at the Munch Museum and Oslo Skybar, giving you the chance to meet the presenters and the other participants after the formal program. Live: In-person or online: If you can’t attend in person, we will be providing a live stream so you can still tune in from wherever you are! Let me know what you like us to cover in the panel discussion. Get started today: The online material for the course is already available with videos, illustration and text for you to access now! Learn all the market terminology, abbreviations, and fundamentals which decide how renewable energy markets actually work - helping to finance the green transition! See you in Oslo, or on the live stream 7 May. Click here to see full program and to register to get instant access: https://lnkd.in/dj_aWSDU #energymarkets #renewableenergy #GuaranteesofOrigin #IREC #trading #biofuels
-
“#HYDROGENPRODUCTION Brazil MME Announces the Selection F 12 Projects for the Creation of #HydrogenHubs “ FCW Team - January 1, 2025 “(PN) The Ministry of Mines and Energy (MME) announced the selection of 12 lowcarbonhydrogenhub projects for the #decarbonization of Brazilian industry.” “The proposals included the production of #hydrogen from various sources, such as electricity connected to the National Interconnected System (SIN) #grid , #wind , #solar , #ethanol , #biomass and others. The production capacity varied between 1,000 and 350,000 tons of hydrogen per year, depending on the project.” ““The results indicate the great potential of low-carbon hydrogen hubs as an inducer of #industrialdecarbonization in Brazil. The proposals indicate the use of hydrogen for the production of #greensteel , #aluminum , #fertilizers , in #refiningprocesses and production of #emethanol ”, highlighted the National Secretary of Energy Transition and Planning of the MME, Thiago Barral.” Source: https://lnkd.in/eMJw26ET https://lnkd.in/e6v3BAK7 Source- original post Read all my posts #MariusPreston
-
KazMunayGas and General Magnetic Canada Inc. Hold Talks on Low-Carbon Development during the KIOGE - Kazakhstan Oil & Gas Conference & Exhibition. Askhak Hasenov, Chairman of the Management Board of JSC NC "KazMunaiGas", met with Al Duerr MBA, ICD.D, CEO of General Magnetic Canada Inc. (GMCI), during the KIOGE conference to explore cooperation on reducing methane emissions and advancing the Global Methane Pledge. Over the next three years, KMG plans to conduct a comprehensive inventory of methane leaks at its production facilities and establish a baseline for emissions. This initiative will facilitate effective monitoring and reduction of emissions across its operations. Partnering with GMCI will enable KMG to leverage cutting-edge technologies for methane monitoring and reduction. Both parties expressed confidence that their collaborative efforts could lead to a significant decrease in methane emissions, thereby contributing to the sustainable development of Kazakhstan’s energy sector. Background Information: General Magnetic Canada Inc. (GMCI), founded in 2008 in Calgary, specializes in advanced technologies for the energy sector, focusing on enhancing energy efficiency and minimizing methane emissions while reducing operational costs. Read more: https://lnkd.in/ePxUBVpD #KIOGE #KIOGE2024 #KazMunayGas #GeneralMagneticCanada #LowCarbonDevelopment #MethaneReduction #SustainableEnergy
-
-
Meet Laszlo Varro, Vice President of Strategy Insights & Scenarios at Shell, during the 21st edition of the GIE Annual Conference! 🔰 Sharing key insights on the evolving energy landscape and the vital role of gas in Europe’s energy transition. Take advantage of this opportunity to gain valuable perspectives on the sector's challenges and opportunities. Be part of a forward-thinking conversation that will help shape the future of energy! 📅 Date: October 17-18, 2024 📍 Location: Munich ✍ Register and explore the programme: https://lnkd.in/ebJm8VMf Join more than 300 European policy and business leaders in multiple high-level discussions and networking activities that will foster the creation of sustainable solutions in the European Union and beyond. ✅ European Commission ✅ European Parliament ✅ EU Agency for the Cooperation of Energy Regulators (ACER) ✅ International Energy Agency (IEA) ✅ The World Bank ✅ Gas (including #biomethane and #hydrogen), electricity, wind energy, #CCUS industry and infrastructure ✅ Experts and Academia Over 70 speakers will be leading key discussions on ✔ Hydrogen infrastructure ✔ Role of gas infrastructure in the transition ✔ CCUS technologies ✔ Sector coupling & hydrogen infrastructure ✔ Biomethane’s benefit in achieving the targets ✔ Diversification of roads and sources of supply ✔ Europe's position in the global economy ✔ Gas infrastructure’s support towards energy consumers in their transition. ✔ Project presentations A warm thank you to this year's hosting companies bayernets GmbH, DET Deutsche Energy Terminal GmbH, GASCADE Gastransport GmbH, GRTgaz Deutschland GmbH, ONTRAS Gastransport GmbH, OGE, SEFE Securing Energy for Europe GmbH, Storengy Deutschland, and Uniper Energy Storage. #GIEMunich24 #GIEAC24 #GIEAnnualConference #EnergyTransition #Gasinfrastructure #Sustainability #Sustainable #Sustainablefuture #Munich #EmpoweringChange #Hydrogen #Biomethane #CCUS #EuropeanUnion #SoS #REPowerEU #biogas #innovation #EnergyInnovation #shapingthefuture
-
