Europe: TTF gas prices...

In late October 2025, TTF gas futures remained relatively stable, trading in the...

Region: SEE power prices...

During Week 44 of 2025, electricity prices in Southeast Europe (SEE) declined slightly...

Romania: Econergy secures €25...

Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project...

Montenegro: EPCG completes modernization...

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit...
Supported byClarion Energy
HomeSEE Energy NewsRomania: World Bank...

Romania: World Bank study highlights offshore wind potential of up to 7 GW by 2035

A recent World Bank study reveals that Romania could harness between 3 GW and 7 GW of offshore wind energy by 2035. Currently, the country boasts 3 GW of installed onshore wind capacity and possesses robust offshore wind resources capable of generating more energy than it will require.

The report identifies the potential for up to 7 GW of offshore wind capacity, primarily situated at least 50 kilometers from shore in relatively shallow waters. This capacity could be developed starting in the early 2030s, leveraging Romania’s well-equipped port facilities and local supply chains.

As of the end of 2022, the EU’s operational offshore wind capacity stood at about 31 GW. The European Commission’s 2020 strategy aims for at least 60 GW by 2030 and 300 GW by 2050, with the Black Sea identified as a key area for offshore wind development.

The World Bank’s Energy Sector Management Assistance Program (ESMAP) notes that Romania has a medium-speed wind resource with a technical potential of 76 GW—22 GW with fixed seabed foundations and 54 GW with floating foundations.

The study outlines two scenarios for offshore wind development:

  1. Low growth scenario: This assumes a modest approach in line with current renewable energy commitments, projecting 3 GW of offshore wind to meet 16% of Romania’s electricity needs by 2036.
  2. High growth scenario: Under this scenario, 7 GW of offshore wind could supply 37% of the country’s electricity needs by 2036, with an average installation rate of 1.5 GW per year by 2035.

The high growth scenario indicates that achieving this capacity would lead to significant benefits, including 2.3 times the installed capacity by 2035 compared to the low growth scenario, resulting in greater cost reductions, 3.7 times the creation of local jobs, and 3.7 times the local gross value added by 2035.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: TTF gas prices remain stable around €31–32/MWh as European demand and LNG growth slow

In late October 2025, TTF gas futures remained relatively stable, trading in the €31–32/MWh range. The completion of maintenance at Norway’s Troll gas field and forecasts of mild, windy weather through mid-November were the main factors supporting steady prices. On...

Region: SEE power prices ease in Week 44 as demand and renewables decline

During Week 44 of 2025, electricity prices in Southeast Europe (SEE) declined slightly compared to Week 43, driven by milder weather and reduced demand. Despite the drop, most SEE markets maintained average weekly prices above €100/MWh, with the exception...

Romania: Econergy secures €25 million financing from Vista Bank for 56 MW solar project

Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project financing agreement with Vista Bank Romania to support its 56 MW Scurtu Mare solar power plant located in Teleorman County, southern Romania. The new financing facility will...
Supported byVirtu Energy
error: Content is protected !!