Due to the Pentecost holidays, we will resume our activity tomorrow, 10 06 2025
The Ministry of Energy is in the process of updating the National Integrated Plan in the field of Energy and Climate Change (PNIESC), so that, in the spring of next year, we will have this plan up to date, which involved a "difficult coordination pulled by the collar effort of the other institutions involved", declared minister Sebastian Burduja, at the Romanian Renewable Energy Summit 2023."Romania is among the countries with the most ambitious decarbonization plan, it is among the countries with the most spectacular increase in the share of renewable energy in the energy mix, it is among the countries that give the world one of the best specialists in the energy sector," said Burduja.At the same time, he emphasized that Romania is the first country to exploit gas in the Black Sea with Black Sea Oil and Gas, followed by Neptun Deep, adding that, in his opinion, Romania will be the first country to have wind power plants in the Black Sea, which is why the Offshore Wind Law was accelerated."That's why we accelerated the law for offshore wind to the maximum, it is under interministerial approval, we have a very lively dialogue with the Ministry of the Environment and some elements of this draft law that will be adopted by the Government and, later, sent to the Parliament, with a deadline for adoption this fall," the minister pointed out.At the same time, Burduja stated that, at the level of the Ministry of Energy, it is desired to carry out a global study on the areas that can be developed, to take into account all environmental aspects and to define the areas where these capacities can be built.The minister also referred to "another important scheme", namely "contract for differences" (CFD)."I think you are aware of this mechanism. It sets a reference price for 15 years. When the market price is above the reference price, the investor pays the difference to a fund, to the counterpart of the Romanian state, which will be managed by OPCOM (Electricity and Natural Gas Market Operator). When the price is below, the counterparty pays the investor, so as to ensure this stability for 15 years," he explained.In his opinion, it is very important to have competition."I was with president Iohannis in Portugal the other day. Portugal managed to set, according to the Portuguese (Energy, ed. n.) minister, the world record for the price set through CFDs very low. This means that it managed to make an extremely competitive procedure. The entrepreneurs came, they competed and brought the reference price very low," Sebastian Burduja said.He highlighted that all the premises are favorable for the development of renewable energy in Romania. Currently, its share in the energy mix is approximately 70%.
Due to the Pentecost holidays, we will resume our activity tomorrow, 10 06 2025
President Nicusor Dan on Thursday said that all political parties currently engaged in discussions - the Social Deocratic Party (PSD), the National Liberal Party (PNL), the Save Romania Union (USR) and the Hungarian Democratic Union of Romania (UDMR) - want to join the government.'I am very pleased that all the parties engaged in discussions want […]
More than half of Romanians think that PSD, PNL, and UDMR should be included in the next government, according to an INSCOP Research barometer conducted between May 26–30, 2025. “Survey participants were asked to indicate, for each parliamentary party, whether they believe that party should be part of the next government. Thus, 59.5% of […]
Cuda, Sirin and a marine drone are three types of Romanian military UAVs which are set to enter production this year at CARFIL Brasov, a subsidiary of the National Company ROMARM. They were unveiled at the Southeast Europe Special Operations Forces Forum 2025 (SEESOF) in Targu Mures - the first international expo-forum dedicated to the […]
The French Ambassador in Bucharest, Nicolas Warnery, stated, on Thursday, during a press conference, that there was "a systematic disinformation campaign" regarding his country during the presidential elections in Romania."Basically, we have witnessed a systematic disinformation campaign, sometimes with malicious interpretations, with mistakes, with lies, with the aim of harming France. Who is winning […]
Background Romania’s medium-term fiscal framework calls for the fiscal deficit to decline gradually from about 8 percent of GDP in 2024 to 7 percent in 2025 and 3 percent (or less) by 2031. With limited scope for expenditure consolidation ? given the low expenditure-to-GDP ratio ? revenue mobilization is imperative. In the short term, […]