Bucharest Romania, May 20, 2021

Marshal Garden Convenience

With the participation of the Government of Romania

Live international and European Satellite UHD television broadcasting

Special guest: DEFENCE UNLIMITED ( www.defenceunlimited.com )

  • An detailed Overview of the new energy sectors and markets in Romania and in the emergent regions:

the Black Sea – the Caspian Sea Region

  • New policies and strategies adapted and updated by the new occurred endeavors, rules, international legislation, the revised European regulations and players in the European specific sectors.
  • The forecasted impact

According to the Energy Strategy of Romania 2020-2030, with the perspective of 2050, from 1990 until now, the Romanian energy sector is in a continuous transformation: one by one, several capacities for the exploitation of primary energy resources have been closed, such as and electricity and heat generation. The main reasons for these closures are related to the general reduction of economic activity, the low degree of profitability or the non-adaptation to the new environmental norms. Romania’s Energy Strategy vision is to grow the energy sector in conditions of sustainability and economic growth, taking into account the EU targets in 2030, respectively the European Ecological Pact in 2050.

The development of the energy sector must be seen as part of Romania’s development process. Growth means: building new production capacity based on state-of-the-art clean technologies; the transition from solid fuels (coal, lignite, etc.) to natural gas and renewable energy sources; refurbishment and modernization of existing production capacities and their compliance with environmental standards, intelligent energy transmission and distribution networks; encouraging decentralized energy production; encouraging the growth of energy-efficient domestic consumption; export.

This will make the national energy system safer and more stable. Romania has the necessary resources to grow and modernize the energy system, and it must be prepared to support the transformation of industry and agriculture, the economy as a whole, as well as improving the quality of life in both urban and rural areas.

An important aspect of the development of the Romanian energy sector will be to ensure a fair energy transition by managing the social and economic effects of the transition, especially in mono-industrial and carbon-dependent regions. In this sense, the support of the European Union within the Mechanism for a fair transition and the dedicated structural funds related to the new multiannual financial framework 2021 – 2027 will be particularly important for Romania.

Investing in low carbon energy production Romania aims to replace an important energy capacity based on high-emission sources, with new, efficient and low-emission capacities, on gas, nuclear energy and renewable energy sources. Priority investment projects, needed throughout the energy system, whether they are investments in low-carbon energy production, by substituting coal for natural gas and renewable energy sources or investments in increasing nuclear energy capacity, investments in refurbishment and modernization of energy networks by introducing digitalization and smart grids or making and completing, as appropriate, cross-border interconnections with neighboring countries and investments in storage capacity, all have a decisive contribution to achieving Romania’s fundamental objectives in the field of energy and climate, with particular emphasis on ensuring energy security at a sustainable price for domestic consumers and complying with climate change requirements.

European Ecological Pact At the end of 2019, the EC presented a new proposal to address climate and environmental challenges in the form of a growth strategy, with the aim of transforming the EU into a fair and prosperous society with a modern, competitive economy. And resource efficiency, where there will be no net greenhouse gas emissions by 2050 and where economic growth will be decoupled from resource use. In the period 2020-2021, the EC aims to review the communitarian acquis in the field, in order to ensure the achievement of the EU’s goal of becoming the first climate-neutral continent by 2050.

The strategy guides and substantiates Romania’s position in relation to these reform proposals. The strategy presents, through the operational objectives and priority actions, the strategic options for the intervention of the Romanian state in the energy sector.

A fair transition

An important aspect of the European Green Pact is to ensure a socially and economically equitable energy transition. To this end, the European Commission will introduce the Fair Transition Mechanism, including a Fair Transition Fund, which will focus on the regions and sectors most affected by the transition, as they depend on fossil fuels or processes with significant dioxide of carbon emissions.

Decarburization of electricity production Renewable energy and energy efficiency, component 6 of the First Green Pillar Transition from the National Recovery and Resilience Plan (PNRR), aims, among other things, to decarbonize electricity production by restructuring large energy producers using fossil solid fuels (CEO / CEH), according to the PNRR text. Romania needs to expand renewable energy capacity by 2030 by about 6.9 GW more than in 2015, correlated with the decommissioning of coal-based capacity.

PNRR also mentions the implementation of investments in the field of solar energy, in the use of hydrogen and in high efficiency cogeneration, but also the implementation of intelligent energy systems. Through these components, the reform of the industrial sector, of small and medium enterprises and / or of large enterprises is also considered by increasing the energy efficiency indicator.

Discussion and debate topics for an efficient European analysis and outcome

The conference on the Effects of the European Ecological Pact and the National Recovery and Resilience Plan on the Romanian energy sector aimed to present what energy capacities will have to be closed, what capacities will be modernized and what new production capacities will be built. At the same time, we will see how the transmission, distribution and supply sectors of electricity and natural gas will be influenced by the regulations of the European Ecological Pact and the National Recovery and Resilience Plan. We will also find out if our country can become a wind and photovoltaic pole in our region.

Energy Security Strategies to forecasting:

Where will the necessary funds come from? Is the energy sector able to cope with the huge wave of investment that is looming? Are there enough employees to build the new capabilities? Do state-owned energy companies have efficient Project Management so that investments can be made on time? What equipment and technologies will be used to build future electricity, heat and transmission production capacity? How long will natural gas have a lower status as a transition fuel? Will we be able to produce hydrogen? When will the Black Sea gas reserves be exploited? What alternative energy capacity will we have for two years, when Unit 1 from Cernavoda will be in the process of refurbishment? When will the construction of Units 3 and 4 from Cernavoda be started? The questions were answered by officials, regulators and heads of companies in the energy system.

Guests, participants and members:

Government

State agencies

Public companies

Business communities’ representatives

Central and international authorities and private entities & companies

EUROTOTAL COMP Romania

VEST ENERGO Romania

VALEG

HIM HIGH INNOVATOIVE MIND

CRE Romanian Energy Center

Zoltan Nagy-Bege, Vice President, National Energy Regulatory Authority (ANRE), Dan Dragan, Secretary of State, Ministry of Energy, Head of PNRR and the Modernization Fund, Gabriela Dan, President, Competent Regulatory Authority for Offshore Black Sea Oil Operations (ACROPO), Frank Hajdinjak, Vice President, Romanian Energy Center and Chief Strategy & Transformational Officer, Adrem Invest, Claudiu Cretu, Special Administrator, ELCEN – Sustainable district heating systems, Gheorghe Țucu, Managing Partner, Valeg Creative Solutions – High efficiency cogeneration systems for medium and small consumers, Ovidiu Demetrescu, Partner, OCD Capital & Resource Florin Răducu, Senior Account Executive, Public Sector & Utilities, SAS Romania & Republic of Moldova, Radu Nicoara, Managing Director Lucas Communications & NATS, Dr. Sorin Dobircianu, Ph. D. sr. international expert | government & NATO                         ( https://defenceunlimited.com/dr-sorin-dobircianu/ ), Marius Cristescu-international lead expert, Nicole Anca Halaicu-sr. expert, the Romanian Senate, Dan Petre, Ph.D. Sr. International Lead Expert INVESTISIA, Razvan Andrei Panaite, expert Biozone Co, Constantin Vasilescu, Executive Chairman UGIR 1903 | THE GENERAL UNION OF THE ROMANIAN INDUSTRIALISTS, Paul Mirica-Vice President CONPIROM & MD-METARON, Virgil Gheorghiu-Director | Amada Viva Company Romania, Iulian Harpa, Managing Partner, HIM Public Affairs etc.

Remarkable organization of:

CLUB ANTREPRENOR ROMANIA ( www.clubantreprenor.ro ),

performed by Mircea Fica, Chairman of the European Strategy Club for Entrepreneurship and Roxana Biga, project manager.

LĂSAȚI UN MESAJ

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