The European Commission has published Romania's National Integrated Energy and Climate Change Plan (PNIESC) for 2025 - 2040, Romania's Ministry of Energy announced on Friday in a press statement.Based on Romania's request, the document includes 89 additional policies and measures aimed at increasing the share of renewable energy sources, significantly reducing greenhouse gas emissions and implementing innovative solutions in all economic sectors.Also, the "With Additional Measures" (WAM) scenario proposed in this plan provides for more ambitious targets than those previously set."The plan reflects our commitment to becoming climate neutral before 2045 and to contributing to a safer, more competitive and greener future for Romania and Europe (...) Romania is now among the countries in the European Union that have submitted a final version of a national energy and climate change plan. Thus, we are fulfilling an important European obligation and taking a decisive step in the fight against climate change, without compromising on the objectives of safe, accessible and competitive energy for all Romanians and the Romanian private sector. We have raised the standards and taken up ambitious targets, through a vision of sustainable development that integrates innovative technologies and massive investments in renewable energy," Energy Minister Sebastian Burduja is quoted as saying in the statement.He also mentioned the financing of new facilities for the production of energy from renewable sources."Green transition includes challenges, but also opportunities that we are condemned to take advantage of. In the area of clean energy production, Romania must develop the Romanian civil nuclear programme, with over 2,200MW in two new CANDU reactors at Cernavoda and the first six small reactor modules at Cernavoda. In the Black Sea, more than 3000MW of new wind power plants can be developed by 2032. We also finance over 10,000MW in onshore solar and wind farms from non-repayable funds and we have launched new initiatives in other future technologies (geothermal, biofuels, hydrogen, etc.). Moreover, we encourage prosumers, who have exceeded 2000MW of installed power, from less than 200MW a few years ago. Last but not least, we are investing unprecedented non-repayable funds in the storage and modernisation of electricity transmission and distribution system."Among the key objectives of the plan are reducing net GHG emissions by 85% by 2030, compared with the 1990 levels, and achieving climate neutrality before 2045, thus bringing forward the previous deadline set for 2050.In addition, by 2030, Romania aims for 38% of the gross final energy consumption to come from renewable sources, with the main drivers being wind, solar and biomass."It is also vital to develop industry and supply chains to support the green transition. From national recovery and resilience funds, we signed this week the first contract for the production of photovoltaic panels in Romania, and other contracts for the production of Romanian batteries for electricity storage are to follow."In September, Burduja said, regarding the new version of the plan, that "we must be careful when we take up targets in the environmental area, because there is a fine balance, and we do not want to jeopardy Romania's competitiveness."Consultations with public stockholders on the revision of the National Integrated Energy and Climate Change Plan took place between 15 February and 15 March 2024.
The European Commission, under its Autumn Forecast published on November 17, cut the projections for Romania’s economic growth to 0.7% in 2025 and 1.1% in 2026, half the expectations included in the previous May 19 Spring Forecast. The growth would nearly double to 2.1% in 2027. The revised projection incorporates the fiscal slippage in 2024-2025 […]
The Bucharest Municipal Electoral Office announced late Monday, November 17, that it has validated 17 of the 20 candidacies submitted for the capital’s race for the general mayor seat, including those of the main contenders. Two applications were rejected, and one was postponed for further review,
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
