Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romania's updated Energy Strategy 2025-2035 includes keeping affordable...

Romania's updated Energy Strategy 2025-2035 includes keeping affordable energy prices

September 26, 2024

The updated version of Romania's Energy Strategy 2025-2035 provides, among other things, for keeping affordable energy prices in place and supporting economic competitiveness, developing energy storage facilities and encouraging the growth of domestic consumption under efficient circumstances, according to the Ministry of Energy.The draft of the updated "Romania's Energy Strategy 2025-2035 toward 2050" document is posted on the website of the Ministry of Energy, the section "Transparency and integrity - Decision-making transparency.""The previous energy strategy was adopted 17 years ago, for 2007-2020. Therefore, there was a pressing need to adopt a new programmatic document. Among the novelties of the strategy, I would list: the imperative of safeguarding the energy security of Moldova; focusing on lowering energy prices for household and industrial users; developing storage facilities; cyber-security and the construction of a local supply chain with technologies and materials necessary for the green transition. I would like to remark that this strategy was developed by experts from the Ministry of Energy together with those from companies and bodies operating under its authority, as well as by the members of the Honorary Council for Energy. Not a single penny from the national budget was used for external consultancy," Energy Minister Sebastian Burduja is quoted as saying in a press statement released by the Ministry of Energy on Friday.In the view of the relevant ministry, among the need to accelerate the green transition and improve energy security, Romania's new energy strategy aims to ensure complementarity between maintaining affordable prices and supporting economic competitiveness; a gradual transition from fossil fuels to renewable and/or low-carbon energy resources; developing storage facilities; improving energy efficiency; diversifying domestic energy resources; strengthening energy transmission and distribution networks; encouraging an increase in efficient domestic usage; flexibility of networks and the creation of a competitive and highly-performing market that places users at its core.    

Read in full - click here
Romanian president Nicușor Dan courts Austrian business sector at Salzburg Industrialists' Summit

President Nicușor Dan, in office for roughly three months, attended the Salzburg Industrialists' Summit, the most important reunion of the Austrian business community, urging them to invest in Romania. Specifically, the president emphasized the strategic opportunities in the defense, energy, infrastructure, and logistics sectors. “Romania is significantly expanding its defense industry. Our sector offers real […]

Romanian deputy prime minister embroiled in controversy after one of his companies paid bribes to ANAF inspector

A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF.  Records from the Anti-Corruption Directorate show that between […]

Romanian deputy prime minister embroiled in controversy after one of his companies paid 'protection tax' to ANAF inspector

A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF.  Records from the Anti-Corruption Directorate show that between […]

Central Romania: Drapers’ Bastion in Brașov to be restored with EU funding

The Drapers' Bastion in Brașov, built between the years 1450–1455, will be restored with European funds. The urban landmark will become an interactive museum integrated into the tourist circuit. The rehabilitation of the Drapers' Tower will support not only tourism but also the construction sector, contributing to the economic and cultural revitalization of Brașov, according […]

Bucharest braces for sweltering weekend as code-red heat alert issued for southern Romania

The National Meteorological Administration (ANM) has issued a code-red warning for persistent and intense heat from July 26, 10:00 AM to July 27, 10:00 AM for the regions of Banat, Oltenia, most of Muntenia, and southern continental Dobrogea. Day temperatures are expected to reach between 39 and 43 degrees Celsius, while the temperature-humidity index is […]

Jazz Bastion: Brașov landmark to host jazz concerts next month

The fifth edition of Jazz Bastion will bring three concerts to the Weavers' Bastion in Brașov, featuring musicians from Romania, Ireland, and Switzerland. This year's edition "highlights the cultural diversity of music, which always brings together artists and audiences alike, regardless of language, nationality or affinities," the organizers explained. The public can attend performances by […]