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Wind power and other renewable energy sources in Romania

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TPA Horwath Romania and Schönherr have, for the fourth consecutive time, published a study on "Wind power and other renewable energy sources in Romania". The report highlights that the total installed wind power capacity in Romania increased by 36.5% in 2013 compared to 2012 - Romania currently ranks 5th in Europe regarding investments into renewable energy.

While Germany and the UK are market leaders in this segment, Romania, Portugal, Poland and Sweden have confirmed their status as emerging markets due to their important contributions over the course of 2013.

Wind covers 8% of total Electricity Demand

Electricity generated by wind covered 8% of total Romanian power consumption in 2013. This figure is likely to rise to 9% by the end of 2014 and further to 10% in 2015 as it is expected that all wind farms that have been applied for in 2014 are expected to come into operation by the following year.

The study "Wind power and other renewable energy in Romania" offers investors an efficient business intelligence tool based on important information concerning the renewable energy sector in Romania from a European as well as from an international perspective.

The current issue includes the latest figures and indicators for evaluating the wind energy market as well as all necessary factors for the evaluation of other renewable energy sources such as solar, hydropower, biomass and geothermal.

 

Source: APA OTS TPA Horwath 24 February 2015