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The Government will approve, by the end of June 2025, the offshore wind perimeters in the Black Sea that can be concessioned

November 9, 2023

  Energy Minister Sebastian Burduja has signed the draft law on the necessary measures for the exploitation of offshore wind energy, which is submitted for interministerial approval. In the current version of the draft, the Government will approve, at the latest by the end of June 2025, the offshore wind perimeters in the Black Sea that can be concessioned, informs the ministry in a press release. According to the quoted source, between 17th July and 1st September 2023, the draft law was presented to public consultation, and on 28th August 2023 was organized a public debate. The viewpoints and observations sent to the ministry of energy to the public institutions, the private environment and the civil society were taken into account to develop the consolidated form. According to a report of the World Bank, the potential for offshore wind energy of Romania is 76 GW.In the present variant of the draft law, at the latest June 2025, the government will approve through decision the offshore wind perimeters in the Black Sea which could be concessioned, taking into account the restrictions imposed by the protection of the environment, on the basis of a study started by the ministry of energy. Similarly, during the same period of time, the government will approve through decision the procedure aspects regarding the concession of the offshore wind perimeters, the amount of royalties and the state aid to support investments in offshore wind energy.Thus, according to the quoted source, with observance of this rhythm, at the end of 2025 the contracts for concession will be finalized with interested investors. The concession of the offshore wind perimeters will be made by the ministry of energy, through procedure of competitive attribution, according to the provisions of the Administrative Code. The objective of the Offshore Strategy of the European Commission is to have installed capacity of at least 60 GW of offshore wind energy until 2030 and 300 GW until 2050.

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