2013 saw green energy investments worth above EUR3 billion being carried out.
According to data published by Transelectrica about the situation of green certificates issued in the first nine months of 2014, the total capacity of renewable power projects reached 4,727 MW (a Cernavoda reactor has 720 MW i.e.), slightly up from the start of the year.
The increase is very small and marks the end of green power investment boom Romania witnessed in the 2009-2013 period, when the field attracted over EUR6.5 billion.
For instance, just 23 MW were installed in wind projects in the first nine months. Taking into account an average capacity/windmill of 2.5 MW, just 9 wind mills were installed in the first nine months.
Last year, 960 MW were installed in wind projects, meaning 384 turbines were erected.
Considering the spring-summer season is usually the best for constructions, it is hard to believe things will change by yearend.
In the field of solar power projects, things went better, so that projects with a capacity of almost 224 MW were completed after the first nine months of the year. In the analyzed period, another 44 MW were completed in small hydropower stations and 18.8 MW in biomass projects.
(English version by Catalina Apostoiu)