Ascultă Radio România Actualitaţi Live

Romania, among the attractive countries for renewable energy

According to a top conducted by Ernst & Young agency, Romania ranked 13 of the most attractive countries for investment in renewable energy.

Romania, among the attractive countries for renewable energy

Articol de Răzvan Stancu, 04 Martie 2013, 15:46

Romania ranks 13 among Ernst & Young top, measuring attractiveness to investors of renewable energy projects in 40 countries, maintaining its position from the previous year.

Country Attractiveness Indices Renewable Energy Report, covering the period December 2012 - February 2013, put Romania ahead of countries like Poland, Turkey, Spain and Austria.

Regarding the investment attractiveness depending on renewable sources concerned, Romania is the top wind power in 10th place, just as in the previous edition of the report, in November 2012, after the great economic powers like Germany, China, United States, United Britain and France.

Regarding the solar energy, Romania is in the second part of the top, on the 24th place, but before Poland and Bulgaria. Ernst & Young noted, however, that this market is very active in Romania, which indicates substantial growth projections in 2013 of installed capacity by solar power.

Ernst & Young Quarterly Index analyzes 40 most attractive countries in the world on domestic renewable energy, infrastructure and compatibility with individual technologies.

The latest report, released Tuesday, shows the public pressure growing on subsidies that promote the development of renewable energy projects.

Also, the Ernst & Young report discusses the renewable energy projects in the context of the expansion gained by the mining projects of shale gas, which many industry players see as having the potential to distract investors from renewable energy.

Translated by Alexandra-Diana Mircea

MTTLC, Bucharest University

YOU + EU: What are the powers of the European Parliament?
News in English 28 Martie 2024, 18:58

YOU + EU: What are the powers of the European Parliament?

The 33 MEPs who will represent Romania in the European Parliament, after the elections set for 9 June, will bring on the...

YOU + EU: What are the powers of the European Parliament?
17 banks participate in this year's edition of the New Home programme
News in English 28 Martie 2024, 18:57

17 banks participate in this year's edition of the New Home programme

Three more banks are participating in this year's edition of the New Home programme to support home purchases, bringing...

17 banks participate in this year's edition of the New Home programme
Final preparations before Romania's entry into the Schengen area with sea and air borders
News in English 28 Martie 2024, 18:55

Final preparations before Romania's entry into the Schengen area with sea and air borders

Final preparations are being made ahead of Sunday, the first day when there will be no border controls at the 17 airports and...

Final preparations before Romania's entry into the Schengen area with sea and air borders
The budget deficit reached, after the first two months of the year, almost 29 billion lei
News in English 28 Martie 2024, 18:53

The budget deficit reached, after the first two months of the year, almost 29 billion lei

After the first two months of the year, the budget deficit reached almost 29 billion lei, representing 1.67% of GDP. This is...

The budget deficit reached, after the first two months of the year, almost 29 billion lei
The draft law on the social assistance reform was adopted by the Chamber of Deputies
News in English 27 Martie 2024, 03:02

The draft law on the social assistance reform was adopted by the Chamber of Deputies

The draft law on the social assistance reform has been adopted decisionally by the Chamber of Deputies. The bill was drafted...

The draft law on the social assistance reform was adopted by the Chamber of Deputies
Ceremony marking the 200th anniversary of the Romanian Police
News in English 26 Martie 2024, 01:19

Ceremony marking the 200th anniversary of the Romanian Police

The Romanian police needs to invest in modernisation and logistics, but also to constantly adapt legislation to the evolution...

Ceremony marking the 200th anniversary of the Romanian Police
National Institute of Administration opens new courses for public administration employees
News in English 26 Martie 2024, 01:17

National Institute of Administration opens new courses for public administration employees

The National Institute of Administration is coming this year with a new course for public administration employees. They deal...

National Institute of Administration opens new courses for public administration employees
The names of the joint candidates with which PSD and PNL will participate in the local elections on June 9 "will be decided on Monday"
News in English 24 Martie 2024, 21:33

The names of the joint candidates with which PSD and PNL will participate in the local elections on June 9 "will be decided on Monday"

The names of the joint candidates with which PSD and PNL will participate in the local elections on June 9 will be decided on...

The names of the joint candidates with which PSD and PNL will participate in the local elections on June 9 "will be decided on Monday"