The Romanian Energy Market

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Romania has been through a reasonably steady economic development since the fall of the "iron curtain" and whereas a continued GDP growth is expected a slight growth in energy consumption is also expected for the short- to midterm outlook, in spite of a minor expected fall in the total population during the same period.

Romania has been a net exporter of electricity for a number of years. The total production capacity was approximately 54TWh in 2010 and is expected to grow to around 60TWh in 2015, whereas the total energy consumption was only approximately 50TWh in 2010 and is expected to rise to around 53TWh in 2015.

The steady growth in production capacity which was seen from 2000-2008 took a hit during the financial crisis. However, a number of upcoming projects, new legislation giving some clarity to the legal framework needed for new projects and an expected come back of the financial markets makes the