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.
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
