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Romania will support with CfD the development of 3 GW of offshore wind projects

The Romanian Ministry of Energy has published the draft law on the development of wind farms in the Black Sea. The purpose of the law is to reach 3GW installed capacity in the Black Sea by supporting projects through contracts for difference (CfD) that would provide investors predictability regarding their future revenues, Economica.net reported.

The wind capacities will be installed only in the areas decided by the Romanian authorities after an offshore wind space plan is drawn up to include, in addition to technical data and environmental requirements.

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