“I think the demand will stabilize at 45 to 50 TWh over the next years. Consumption levels fluctuate, but I expect they would become more balanced,” Vosganian told an energy seminar.

Romanian electricity consumption edged down 0.2% on the year to 53 TWh in 2013.

Considering the projections on future consumption rates, Romania should stock renewable energy instead of building new power units, Vosganian said.

“Such investments are probably more efficient than developing new pumping units. It begs the question whether to go ahead with the planned construction of two new reactors in Cernavoda or coal-powered plants.”