Investors looking to enter Romania’s energy sector must carefully consider price fluctuations, which differ significantly from other markets, according to Ibrahim Akgun, CEO of Saves Energy.

“One thing to take into account in Romania is the fluctuation in prices. It’s a bit different compared to our country,” Akgun stated at the “Regional Approach Istanbul: Co-operation for profitable energy” conference organized by Energynomics and Enexus Renewable Energy.

As Romania’s energy market matures, regulations are tightening, which can create an additional layer of complexity for investors.

According to Akgun, there is a bubble in project development that has resulted in numerous flaws in obtaining the necessary permits and consents from various authorities.

“This is going to be a bottleneck when it comes to negotiating financing with the banks,” he said.

The conference “Regional Approach Istanbul” was organized by Energynomics and  Enexus Renewable Energy, with the support of our partners: Dentons, Electrica,  Elektra Renewable Support, Enexus Renewable Energy, Huawei, iNovat Energy Storage Solutions,  Photomate, Pomega Energy Storage Technologies, RomCapital Invest, Solar Today, Solpeg, STA Solar, Volt.