In 2019, Romania’s economy was ranked 46th in the world in gross domestic product (GDP). The country’s economy is dependent on the export of vehicle parts, cars, wire, refined petroleum, electrical control boards, wheat, and corn.
In 2009, Romania as a member of the European Union (EU) committed to the “Renewable Energy Directive,” which requires each country to use renewable energy for 20% of its total energy needs by 2020 and 27% by 2030.
In 2016, Romania as a member of the EU signed the “Paris Climate Agreement”. The EU committed to a 40% reduction in greenhouse gas emission by 2030 compared to 1990 levels.
In 2019, Romania used renewable energy (43.8 %), coal (21.6 %), nuclear energy (18.5 %), and natural gas (16.1%) to generate electricity in the country. Hydropower, wind, solar, and biomass are the primary types of renewable energy in Romania.
Recent renewable energy projects in Romania include:
- 700 MW Solar Project – In February 2021, Romanian company, S.C. West Power Investment SRL has announced plans to build a major solar project in the western region of the company.
- 310 MW Solar Project – Romanian energy company, Complexul Energetic Oltenia is continuing to evaluate the development of a solar project at an open pit coal mining plant.
- 153 MW Solar Project – In August 2021, Israeli renewable energy company, Nofar Energy commenced work on Ratesti solar project in the southern region of the country. The project is forecast to be commissioned in 2023.
- 110 MW Solar Project – In November 2020, Romanian energy company, OMV Petrom has announced plans to build a solar project in the southwestern region of the country.
Romania has significant renewable energy resources including hydropower, wind, solar, geothermal, and biomass. The country’s undeveloped renewable resource potential could easily meet the Romania’s power requirements.
Romania has been slow to kick the fossil fuel habit, especially the use of domestic coal for power. However, the country has recently begun to Move From Coal To Renewable Energy
Website – “Our Energy Conundrum”
 Access To Electricity (% Population) – The World Bank Group
 Gross Domestic Product 2019 – World Bank DataBank
 The Observatory of Economic Complexity (OEC) – Romania
 Carbon Brief – “2015: Tracking Country Climate Pledges”
 CCE Bankwatch Network, Energy Sector In Romania