Renewables

Romania’s draft plan envisages 27.9% target for renewables share in energy consumption in 2030

Photo: Pixabay

Published

December 5, 2018

Country

Comments

0

Share

Published:

December 5, 2018

Country:

Comments:

0

Share

Romania’s draft National Energy and Climate Plan (NECP), to be sent to the European Commission, envisages a 27.9% share of renewable energy sources in energy consumption in 2030, compared to the EU’s 32% target, Romania-Insider.com has reported, citing Economica.net.

Romania’s renewables share in total energy consumption stood at 25% in 2016, according to Eurostat’s data. The overall energy consumption covers consumption of electricity and the consumption of energy for heating and cooling and for transportation.

Romania’s renewables share in the electricity segment is projected to rise from 41.6% in 2020 to 43.6% in 2025, and to decline to 39.6% in 2030. In the segment of heating and cooling, the renewables share is forecast to go up from 26.5% in 2020 to 29% in 2025 and 31.3% in 2030.

In the transportation segment, the EU has set a binding 14% target for each country, the report recalls, noting that the draft National Energy and Climate Plan envisages the national share to increase from 10% in 2020 to 12.5% in 2025 and 17.6% in 2030.

Meanwhile, the PATRES organization of employers in the renewables sector has expressed concern over the Romanian authorities’ decisions reflected by the draft National Energy and Climate Plan. PATRES proposes a renewables share of 35% in Romania by 2030.

Draft plan envisages EUR 22 billion in investments in the next 10 years

The draft plan, which Romania is to hand over the European Commission by the end of 2018, calls for EUR 22 billion in investments in power plants and the power grid in the next 10 years, ESIA SEE has reported, citing e-nergia.ro.

Of the EUR 22 billion, EUR 9 billion would be invested in the power grid, EUR 12 billion in power plants, and EUR 1 billion in steam boilers, according to the report, which notes that the investments, if realized, will lead to an increase in electricity prices higher than would be seen under the business-as-usual scenario.

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

Slovenia launches low carbon hydrogen consortium

Slovenia launches low-carbon hydrogen consortium

18 March 2024 - Slovenia supported the establishment of a low-carbon hydrogen consortium of 18 companies, organizations and municipalities

Bulgaria-battery-storage-subsidies-renewable-energy

Bulgaria opens calls for battery storage subsidies within renewable energy projects

18 March 2024 - Bulgaria earmarked EUR 273 million in subsidies for battery systems required to be installed together with renewable electricity plants

EU Energy Communities legislation 2.0, an upwards trend, REScoop.eu

EU Energy Communities legislation 2.0: an upwards trend

18 March 2024 - REScoop.eu is the European federation of citizen energy cooperatives and he plays a vital role in the introduction of two definitions for energy communities in the context of the Clean Energy Package

dedovic djedovic Handanovic Serbia EUR 400 million in reconstruction hydropower plants

Serbia to invest EUR 400 million in reconstruction of hydropower plants

18 March 2024 - Minister of Mining and Energy Dubravka Đedović Handanović said EUR 400 million would be invested in the revitalization of EPS's four hydropower plants