The law that regulates investment in offshore wind energy projects will enter into force on May 30, after the bill was promulgated by the president of Romania, Klaus Iohannis, the Ministry of Energy announced. However, the key details, including the royalties, will be set and approved by the government by mid-2025.
Romania is the first country on the Black Sea with a regulatory framework for offshore wind energy, according to a ministry’s press release.
The Romanian officials expect the first offshore project to begin electricity delivery to the national power grid in 2032.
This bill comes at a time when the country needs to assert its energy independence and resilience. The deployment of offshore wind energy resources can play a big role in achieving these goals. Romania aims to develop its first offshore wind farm by 2032.
The Romanian Ministry of Energy will launch a dedicated study within 3 months of the entry into force of the law to assess wind potential, grid capacity, and possible Maritime Spatial Planning restrictions including on biodiversity and environment, and to gather information on concession award procedures. This is all very good.
Romania is currently developing many wind projects. And the country added 72 MW of onshore wind energy to its energy mix in 2023. A first in 10 years.