Reuters: Energy investors turn to Romanian wind
With coal, gas, nuclear and large hydropower plants largely under state control, investors have found it hard to tap the European Union (EU) member state's energy market as successive governments have stalled reforms, privatizations and public-private partnerships, wrote newswire Reuters in a recent analysis about the Romanian wind projects market.
"But Bucharest has made renewable energy a priority as it tries to meet tough EU carbon emissions goals requiring 20 percent of power generation to come from renewables by 2020," the article goes on. Reuters mentions the main players in the wind energy field in Romania, the hurdles they have to face in setting up projects here.
Green certificates have lured investors to Romania despite tangled bureacracy and unfinished legislation needed to put it near the region's wind energy leader Poland, which had 725 MW of installed capacity at the end of 2009, according to Reuters.
Romania-insider.com
