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IntelliNews - Romania Renewable Energy Report

By Bharatbook Subscribe to RSS | April 2nd 2012 | Views:
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The IntelliNews Romania Renewable Energy Report offers an extensive summary of the renewable energy market in Romania segmented into wind, solar, biomass, hydropower and geothermal energy. It includes a complete coverage of the latest developments and corporate and industry news, accompanied by thorough statistics and comments. This sector report is ideal to keep you abreast on recent company and industry news. Written by local professionals, it is a unique market and business intelligence analysis, tailored to save time by providing in-depth information, while helping you to make confident and informed business decisions.

Summary

Countries in central and south-eastern Europe stick to their strategies to boost the share of renewable energy in overall consumption as a way to diversify their power mixes and reduce dependence on fossil fuels. The main factors that determine the priority sectors for each individual state have been their geographic and weather specifics.

Romania intends to raise the share of green power into its power consumption mix to 24% by 2020 to meet the common EU target. Hydropower comprises 93% of the country’s present renewable energy generation as its share is projected to drop to 80% in 2015 although its absolute output will increase. Electricity from biomass is seen tripling to reach a share of 15.6% in total RES, while wind energy is due to also triple, grabbing a 4.3% share over the period. http://www.bharatbook.com/market-research-reports/alternative-sources-market-research-report/intellinews-romania-renewable-energy-report.html

Romania plans major investment in big and small hydropower projects in order to employ further its larger hydro potential. The country also possesses abundant biomass resources since a quarter of its territory is covered by forests but they are used mainly for heating. Industry Analysis

Romania’s wind power market was one of the fastest growing in the region with installed capacity surging from just 7MW in 2007 to 462MW in 2010. The total installed capacity of wind farms in the country is expected to reach 5,000MW by end-2016 after several large wind farm projects go on stream.

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IntelliNews - Romania Renewable Energy Report

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Bharat Book Bureau, the leading market research information aggregator provides market research reports, company profiles, country reports, newsletters, and online databases for the past twenty four years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.

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