Romania showcases a balanced approach to energy development

George Niculescu, the president of the National Energy Regulatory Authority (ANRE), shared insights into Romania's unique position in energy at the recent FOREN conference. He emphasized that Romania successfully combines American and European energy models, demonstrating that the development of renewable energy and investments in conventional fuels can coexist.

Recently returned from an important conference in Washington, Niculescu discussed Romania's energy strategy with representatives from the current U.S. administration and former officials from the Biden administration. He pointed out the significant ideological divide between the United States and Europe regarding energy, with the U.S. focusing on oil and gas, while Brussels prioritizes energy transition, decarbonization, and electrification.

Notably, Niculescu mentioned the emergence of 'Energy Dominance' during the Trump administration as a clear signal of the strategic direction of U.S. energy policy. He believes that Romania serves as a model for other countries in the region, showcasing how both energy approaches can thrive together.

In Romania, there is a strong push towards renewable energy installations, alongside the authorization of new natural gas distribution networks. The country is heavily investing in battery storage solutions and is actively exploring for gas in the Black Sea. Furthermore, Romania has become a pioneer by establishing the first law dedicated to offshore wind activities.

Currently, Romania is constructing the largest gas-to-power plant in Europe, underscoring its commitment to a diversified energy portfolio. Niculescu highlighted the differences in performance between private investors and state-owned companies, noting that private operators can secure licenses for medium-sized photovoltaic parks within 12-18 months, while state companies struggle to install even a few megawatts in several years.

Rejecting calls for institutional reorganizations in the energy sector, Niculescu stressed the urgency of collaboration among authorities, companies, and experts. He asserted that achieving Romania's energy objectives requires a concerted effort and cannot afford to be delayed by experiments or restructuring.