Why is the energy sector important in Romania?

IX. The energy sector is a critical component of Romania’s economy, underpinning the country’s in-dustrial growth, domestic needs, and overall economic stability. As Romania navigates its energy transition, understanding the investment needs in infrastructure, distribution networks, and storage capabilities has become increasingly important.

What are the key challenges facing Romania's energy sector?

Key challenges for Romania include its continued dependence on fossil fuels, ensuring energy security amidst geopolitical tensions, and overcoming regulatory barriers that hinder market competition and innovation. In our views, there are important and strategic requirements for Romania’s energy sector.

Who manages the electricity transmission system in Romania?

The electricity transmission system in Romania and the interconnection system with its neighboring countries is managed and operated by Transelectrica SA company (the Romanian TSO). They also manage the market operation, the grid and market infrastructure development, and the security of the national energy transmission system.

How can Romania reduce its energy dependence on imports?

As gas will continue to ensure 1/3 of the national electricity generation mix, in the medium run, Romania due to its reserves, could reduce its energy dependence on imports through new production capacities and reduction of demand. Eforts should continue and be speeded up in order to extend the total gas and also electricity storage capacities.

What are the three main energy sectors in Romania?

Data shows that 80% of the contraction came from three main sectors: chemicals and petrochemicals, iron and steel, and paper and pulp3. In the following sections we will analyse the most recent data in relation to the energy sector in Romania.

What is the energy supply structure in Romania?

III. Romania has had a balanced energy capacity structure with a diversified source of energy supply in the last decade. At the end of 2022, in the total supply of energy, the most important contribution was from oil and petroleum products (33%) and natural gas (26.4%), while solid fossil fuels repre-sented 11%.