Renewable Energy Sources in Romania: Progress and Perspectives Towards the EU Targets

Abstract

The renewable energy is the solution to the global energy issue, generated by the increased energy consumption needs under the continuous population growth and economic development. Romania has reached the 2020 target to increase the share of renewable energy sources (RES) in gross final energy consumption to 24%, as set in the energy strategy for 2007-2020 (updated for 2011-2020). However, in view of reaching the new target set for 2030 (32%), a number of measures are envisaged. The authors investigated the dynamics in the share of RES and electricity production over 2014-2017 in relation to the EU 2020 targets, and reviewed the main strategic EU and national documents over the 2007-2020 financial period. The final aim was to identify the investment priorities and measures supporting extended RES use and increase of energy efficiency towards the achievement of the next 2030 EU target in Romania.

Keywords

• renewable energy sources
• energy efficiency
• EU targets
• Romania