Romania: Energy Minister assured that Energy Strategy will be done by this autumn

17. May 2016. / SEE Energy News

According to previous reports, the new National Energy Strategy envisages investments of some 100 billion euros in the energy sector. Priority strategic energy projects include the construction of units 3 and 4 at nuclear power plant Cernavoda, the construction of hydropower plants system Tarnita-Lapustesti, the development and installation of smart metering network and the construction of gas and electricity interconnection with the neighboring countries.

Romanian Minister of Energy Victor Grigorescu said at Eurosfat Forum in Bucharest that in this year the Romanian National Energy Strategy will be revised and assured that it will be done in autumn. He added that this does not mean that new strategy will start from scratch, because Romanian already has very strong energy system.

Minister Grigorescu said that Romania currently has a functional energy system and is considered as one of the major energy players in the region, since the country exports energy, sometimes even 10 % of the amount it produces. However, he believes that Romania could achieve even more.

He also pointed out that the transition to renewable energy is a real challenge when talking about targets and costs. Minister also commented on Romanian involvement in Energy Union, coordinating efforts in energy sector, regional cooperation and jointly ensuring the energy security.

According to previous reports, the new National Energy Strategy envisages investments of some 100 billion euros in the energy sector. Priority strategic energy projects include the construction of units 3 and 4 at nuclear power plant Cernavoda, the construction of hydropower plants system Tarnita-Lapustesti, the development and installation of smart metering network and the construction of gas and electricity interconnection with the neighboring countries.

Currently, Romania has an Energy Strategy which is adopted in 2007 and is valid until 2020. The completion deadline for the new Energy Strategy is estimated at 15 September, and the goal is that the final document becomes subject to parliamentary debate and is assumed by Romanian Parliament by law, transmits Serbi-energy.eu

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