Renewables

Romania to adopt law on offshore wind this year – minister Popescu

Romania to adopt law on offshore wind this year

Photo: Andrew Martin from Pixabay

Published

September 9, 2021

Country

Comments

0

Share

Published:

September 9, 2021

Country:

Comments:

0

Share

Romania’s Energy Minister Virgil Popescu said the Government would finish the offshore wind law this year as soon as possible.

He added that the Black Sea is a huge energy source, both in terms of natural gas production and the installation of wind farms. Popescu said he saw one version of the future law and expressed confidence it would be adopted this year.

Maybe it is not perfect, but Romania will get a law that will allow the potential of wind for electricity generation to be evaluated, the minister said, as quoted by the domestic media.

The law will include new subsidy schemes

Romania’s National Agency for Mineral Resources has suggested leasing locations for electricity production in the Black Sea, but Popescu is against the proposal.

He said that the law would include new subsidy schemes, such as contracts for difference and incentives from the Modernization Fund.

Without a law, investors can not conduct measurements of wind potential

According to the minister, without a law, investors can not conduct measurements of wind potential.

Popescu noted state-owned hydropower company Hidroelectrica is ready to start an investment in the Black Sea and added that he is convinced that it would find partners for the first offshore wind farm of at least 300 MW.

In May last year, Romania’s biggest power producer Hidroelectrica announced a plan to install an offshore wind park in the Black Sea, with a capacity of 500 MW.

The investment requires upgrading the transmission system and improvements of the 400 kV power ring, but solutions are prepared with grid operator Transelectrica, Popescu said.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Romanian heating plant 80 MW solar park green hydrogen gas

Romanian heating plant to build 80 MW solar park, mix green hydrogen into gas

05 July 2022 - Romania's Oradea city is pushing ahead with decarbonization by launching integrated projects for solar power and green hydrogen

Turkish entity Cyprus energy water deal government Nicosia

Turkish entity in Cyprus offers energy, water deal to government in Nicosia

05 July 2022 - Cypriot Turkish leader Ersin Tatar offered the Republic of Cyprus a deal on hydrocarbons, electricity, renewables and water, but under a two-state solution

offshore wind

Hellenic Petroleum, RWE to develop offshore wind projects in Greece

05 July 2022 - RWE and Hellenic Petroleum joined forces to explore offshore wind opportunities in Greek waters. The country is targeting 2 GW in total by 2030.

What’s new in Federation of BiH ’s draft law on renewables auctions

What’s new in Federation of BiH’s draft law on renewables?

04 July 2022 - It introduces auctions for the allocation of feed-in tariffs and feed-in premiums for renewable power plants