Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. EnerMin: Romania ready to play leading role in...

EnerMin: Romania ready to play leading role in global effort to triple renewable energy production capacity

January 4, 2024

  Romania is prepared to play a leading role in the global effort to triple the world's renewable energy production capacity and double energy efficiency by 2030, with projects worth billions of euros and an absolutely unique potential in the region, at all levels, Energy Minister Sebastian Burduja says."Today [on Tuesday - Ed. note], in front of 53 counterpart ministers from all over the world, I had the honor to present the arguments for Romania's joining the Global Renewables and Energy Efficiency Pledge. The goal is to triple the world's renewable energy production capacity and double energy efficiency measures until 2030. Not just for us, but for all of humanity, the stakes are unprecedented. Do we still have a future on this Planet or not? Romania is prepared to play a leading role in this global effort, due to projects worth billions of euros and to our region's absolutely special potential for all sources (solar, wind, geothermal, hydrogen, nuclear energy etc.). I informed my fellow ministers gathered today from all over the world about Romania's successes in recent years, both as regards the rise in the number of prosumers, and the mobilization of the private environment and the accelerated growth of energy production from renewable sources. Moreover, energy must not only be green, but above all, it should be safe. And I told them one more thing: when each of us returns home to their country, let us remember that the mission we undertook together is not about the next elections, but about the next generations," the minister wrote on his Facebook page.Sebastian Burduja emphasized that Romania's example shows that we need not only partnerships between governments, but also between citizens and the private sector, and one of the lessons learned by Romania is that grant funding really works."A year and a half ago, Romania had less than 20,000 households with rooftop photovoltaic panels. Today we have 100,000 such households. (...) As far as private companies are concerned, we made available two billion euros in European and national budget funding, and the market's response was incredible. We expect this funding facility to generate somewhere between 6 and 8 GW of photovoltaic and wind capacities by 2030," the Energy minister said at the COP28 meeting.Speaking about energy security, he pointed out that unless it's safe, green energy counts as no energy at all."So in terms of grid upgrading and balancing, I'd like to emphasize the importance of storage, especially pumped hydropower storage, which tends to be much more environmentally friendly than battery farms. So this is a call for everyone to have in view storage in hydropower plants and to expedite the release of environmental licenses," Burduja pointed out.     

Read in full - click here
SIGNAL IDUNA companies recorded an aggregated growth of 16% in 2024 and continue to expand on the Romanian market through strategic development

The SIGNAL IDUNA companies concluded 2024 with a total gross written premium volume of approximately RON 424 million, marking an aggregated growth of 16% compared to the previous year. These financial results reflect the consolidation of a sustainable development strategy, supported by portfolio expansion, digitalization, the launch of new solutions for both individual and corporate […]

Champions of trust in Romania. Results and challenges for brands in the post-truth era

Kantar Romania launched, during an event dedicated to their clients, "The Trust Factor – Building Brands That Endure Uncertainty", the top 20 brands that manage to inspire the greatest confidence among the Romanian consumers, based on the analysis of 162 brands from 12 sectors*. In a period marked by uncertainty and skepticism, trust becomes the […]

“They will notice when you walk in – not because you’re loud, but grounded” – Lin Holmquist, bringing ancient wisdom and modern science in Bucharest, at DiFine your Essence

Balancing career success with personal growth is a challenge many professionals face today. As the pressure to achieve and perform increases, many begin to crave more than just success: they want clarity, alignment, and a deeper sense of purpose. For Lin Holmquist, business coach and one of Europe’s most acclaimed experts in Tantra, Yoga, and […]

Romanian railway company CFR announces new PNRR-modernized train on Bucharest-Constanța route

CFR Călători, the state-owned railway company for passengers, announced that the first train entirely made up of rolling stock modernized with funds from the EU-backed Recovery and Resilience Fund (PNRR) was introduced on the Bucharest North – Constanța route. The train, which is already running, consists of a locomotive delivered by the Softronic factory in […]

Bucharest festival explores sustainable habits, urban future

The first edition of Urban Habits (nUH), a festival aiming to be “a space for ideas, debates, co-creation, and experimentation,” takes place between April 26 and April 27 at Lokal and on Erou Ion Călin Street, which will be temporarily transformed into a pedestrian space. The program will address themes ranging from innovation, design, and […]

Eastern Romania: Largest shopping center in Moldova region opens its doors

Mall Moldova, the largest shopping center in the Moldova region, officially opened on April 17 in Iași, covering 110,000 sqm. Developed by Prime Kapital, in partnership with MAS P.L.C., Mall Moldova is part of a large-scale investment plan carried out by the two investors in Iași, worth approximately half a billion euros, which also includes […]