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Romania’s boom in wind and solar energy

Renewable energy: sense and necessity, The Diplomat, 16 Nov 12 Romania offers one of the most substantial and, therefore, attractive support schemes for renewable electricity production in the European Union.

Even though it took four years to pass the law governing thisfield, investors haven’t just been biding their time, but have spent a billion Euro on investments in the construction of wind farms, photovoltaic units, micro-hydropower and biomass plants November 2012 –

The renewable energy “boom” began in Romania in late 2009, in the midst of the global economic and financial crisis. At that time  when many investors and speculators were counting the losses they had incurred through misfiring investments in real estate  wind plants with tiny installed capacity of barely 14 MW were in operation across
the country.

A small step, which in 2010 turned into a leap, propelling the wind turbines’ installed capacity to 462 MW. A year later, another 520 MW of wind power “sprang” out of the country’s
soil, and in 2011 Romania reached 982 MW of operational wind turbines.

By the end of 2012, the total capacity of operating turbines is estimated to reach approximately 1,500 MW, 350 MW less than the target
of 1,850 MW set by the Government in the National Renewable Energy
Action Plan (NREAP). …… According to data provided by Transelectrica, 27 companies are planning to install almost 100 MW in photovoltaic panels next year  “ a substantial capacity compared to the existing figure of about 13 MW. The projects by the 27 companies are scattered through 11 counties, mainly focusing on Giurgiu, Timis and Ialomita. ….

November 19, 2012 - Posted by Christina Macpherson | EUROPE, renewable