Romania has an onshore wind capacity of 3 GW and an offshore wind resource large enough to produce more energy than it will ever need, World Bank Group representatives claim in a statement.The document refers to the Development Program for Offshore Wind Energy: Roadmap - Offshore Wind Energy in Romania."Globally, the technology for offshore wind energy (OSW) provides large volumes of energy from GW-scale projects, at prices competitive with those of new conventional generation technologies. Romania already has an onshore wind capacity of 3 GW and a resource large enough offshore wind farm that could produce more energy than Romania will ever need The present report highlights the potential for a capacity of up to 7 GW of offshore wind platforms, located at least 50 km from the coast and, in the largest part, in relatively shallow waters, which could be built from the beginning of the 2030s, using Romania's well-equipped port facilities, the supply chain based on steel products and other local workers," the press release reads.According to the quoted source, although there is not as much wind in the Black Sea as in most of the maritime areas of Northern Europe, a regional market is likely to be established, with the development of projects in Bulgaria's exclusive economic zones, Turkey and Ukraine."The regional and global OSW markets will offer other opportunities for Romanian suppliers. The impact on the environment is a key aspect to consider, beyond the reduction of carbon dioxide production and the amount of water used in technologies based on generation technologies Conventional. A key uncertainty in Romania in this regard is represented by the migration routes of birds to/from the wetlands of the Danube Delta," the document states.The impact and potential of the development of offshore wind energy in Romania, as well as the economic and social opportunities that this industry can bring to our country, are highlighted in the "Offshore Wind Roadmap for Romania" report, a study carried out by the World Bank, which was launched after two years of work, the representatives of the Ministry of Energy announced on Friday in a press release.
Showpad, active in AI-driven revenue enablement technology, announced the official launch of its Research and Development center in Bucharest. With headquarters in Ghent (Belgium) and Chicago (US), Showpad is "strategically positioning its new R&D center to tap into the rich talent pool and burgeoning technology ecosystem of Romania." It also underscores Showpad's dedication to accelerating […]
Romania is currently preparing state aid schemes for companies affected by the customs tariffs announced by president Donald Trump on Wednesday, April 2, according to statements made by prime minister Marcel Ciolacu. The US imposed tariffs on all countries worldwide, with a "minimum base tariff" of 10%, starting April 5. However, for some countries, the […]
Impact Hub Bucharest, in partnership with EIT Food, has opened the applications for Empowering Women in Agrifood (EWA), an EIT Food acceleration program dedicated to female entrepreneurs and their projects in the agri-food sector. Ten female entrepreneurs from the agri-food sector will benefit from mentoring, training sessions and ongoing support, access to an international community […]
The United States Embassy in Bucharest has announced an update to visa requirements for Romanian citizens wishing to travel to the US, following president Donald Trump's decision to suspend Romania's entry into the Visa Waiver Program. According to the announcement, starting April 7, 2025, all temporary visa applicants must present a printed copy of the […]
Real estate developer Speedwell Development has appointed Yannick Van de Parre as country manager for Romania. In this new role, he will support the co-founders Jan Demeyere and Didier Balcaen with the executive management of Speedwell Romania, “ensuring operational efficiency across all projects and leading the local team as the company continues its growth in […]
Digital Nation and the Ministry of Education and Research have partnered for the implementation of Saro, an AI-based solution, in schools and universities across Romania. The solution will allow students, pupils, and teachers access to an AI-powered assistant designed to address challenges such as school dropout, excessive bureaucracy, declining motivation, the need for personalized learning, […]
