Romania has an onshore wind capacity of 3 GW and an offshore wind resource large enough to produce more energy than it will ever need, World Bank Group representatives claim in a statement.The document refers to the Development Program for Offshore Wind Energy: Roadmap - Offshore Wind Energy in Romania."Globally, the technology for offshore wind energy (OSW) provides large volumes of energy from GW-scale projects, at prices competitive with those of new conventional generation technologies. Romania already has an onshore wind capacity of 3 GW and a resource large enough offshore wind farm that could produce more energy than Romania will ever need The present report highlights the potential for a capacity of up to 7 GW of offshore wind platforms, located at least 50 km from the coast and, in the largest part, in relatively shallow waters, which could be built from the beginning of the 2030s, using Romania's well-equipped port facilities, the supply chain based on steel products and other local workers," the press release reads.According to the quoted source, although there is not as much wind in the Black Sea as in most of the maritime areas of Northern Europe, a regional market is likely to be established, with the development of projects in Bulgaria's exclusive economic zones, Turkey and Ukraine."The regional and global OSW markets will offer other opportunities for Romanian suppliers. The impact on the environment is a key aspect to consider, beyond the reduction of carbon dioxide production and the amount of water used in technologies based on generation technologies Conventional. A key uncertainty in Romania in this regard is represented by the migration routes of birds to/from the wetlands of the Danube Delta," the document states.The impact and potential of the development of offshore wind energy in Romania, as well as the economic and social opportunities that this industry can bring to our country, are highlighted in the "Offshore Wind Roadmap for Romania" report, a study carried out by the World Bank, which was launched after two years of work, the representatives of the Ministry of Energy announced on Friday in a press release.
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]