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.
June is the richest month. The most awaited two weeks in my annual festival pilgrimage. The route starts with Romania’s Transilvania International Film Festival (TIFF), followed by Italy’s (and the world’s) most comprehensive festival for restored and archival film: Il Cinema Ritrovato. To shake up the traditional article on the two, I’ll start with the […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Roughly 70% of Romanians are “very” or “moderately” concerned about how AI accesses and uses their data, according to the latest survey conducted by RoCoach in partnership with Novel Research between May and June 2025. Distrust in automated decision-making and the demand for regulation are becoming more pronounced, as Romania rolls out major digitalization projects […]
The Armenian Street Festival returns for a 9th edition between August 1 and 3, 2025, in the “Dimitrie Brândză” Botanical Garden in Bucharest. The festival brings into focus the living heritage of the Armenian community in Romania and the diaspora. According to the organizers, this year’s edition aims to strengthen the Bucharest–Chișinău–Yerevan cultural axis, articulated […]
The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
