Green energy, small projects and decentralized generation, digitalization, energy consumption management and especially natural gas as a resource were among the investment opportunities in the sector mentioned at the ninth edition of the ZF Power Summit.
“The state holds both Hidroelectrica and CE Oltenia. The best solution I see is to combine coal and Hidroelectrica,” said Doru Visan, state secretary with the Energy Ministry, at the ZF Power Summit 2019.
Despite the instability caused by the Emergency Ordinance 114, energy sector actors said they would continue investment, but be more cautious about it.
“We are very carefully looking at the yield of our investments here, we are carefully looking at the future and want to make sure Romania is part of the new industry trends in terms of energy efficiency development and production decentralization,” said Eric Stab, chairman and CEO of ENGIE Romania.
Natural gas is the biggest card Romania should play when it comes to energy generation. Natural gas is the transition energy of the energy [sector] transition. It plays a crucial role in the move towards a much more sustainable sector, Stab added.
Companies in the energy industry equipment business in turn say that as long as there is a deficit in the production area, the need for investments is real.
“And Romania has always found solutions,” said Petru Ruset, country lead with the energy management division of Siemens Romania.
The ninth edition of the ZF Power Summit was organized with the support of ENGIE, NNDKP, CEZ Group, Romanian Energy Center, Electrica, Enel, E.ON, Hidroelectrica, Intrarom, Microsoft, MOL, Nuclearelectrica, OMV Petrom, PwC, Romgaz, Schneider Electric, Siemens, SuciuPopa, Suzuki, Biris-Goran, Lukoil, Marsh, Romelectro, XTAG, Casa de Traduceri Champollion and TED’s Coffee.
(English version by Loredana Fratila-Cristescu)