Romania wind production at 3-year high in 2015

Newsroom 11/03/2016 | 16:22

The electricity output from wind farms has constantly grown in Romania starting 2013, on the back of massive investments.

Total wind production reached 7GWh in 2015, from 6.2GWh in 2014 and 4.7GWh in 2013, according to data published by the Ministry of Energy.

For biomass, total production amounted to 0.5 GWh last year, slightly above the level registered in the previous year.

Meanwhile, the production from solar installations jumped from 0.4 GWh to 2 GWh in 2015.

According to the ministry, wind held a share of 11 percent of Romania’s total electricity production, while biomass and solar had 1 percent and 3 percent, respectively.

The biggest share of electricity came from coal (28 percent), hydro and hydrocarbons had 25 percent and 14 percent, respectively.

Total electrity production in 2015 amounted to 65.5 GWh in 2015, from 64.8 GWh in the previous year.

The local renewable sector has attracted around EUR 8 billion worth of investments, while losses have amounted to EUR 1 billion to date, according to estimates by law firm Wolf Theiss.

The investors were attracted by a generous support scheme that was cut by the government due to spiraling energy costs for companies and individuals.

The renewable producers generate their revenue from the sale of electricity and green certificates. However, at present, the large energy consumers have been granted exemptions of up to 85 percent out of the green certificates’ acqusition quota.

Ovidiu Posirca

BR Magazine | Latest Issue

Download PDF or read online: December 2022 Issue | Business Review Magazine

The December 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Xclusiverse: Going Beyond the Traditional Ways of Doing Business.”
Newsroom | 19/12/2022 | 18:45

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue