On Monday, 11 March 2024,  at Grand Hotel Bucharest (former Intercontinental), Ronda Hall, Energynomics organizes a meeting to scrutinize the investment climate and projects for green transition in Romania!

In 2024, Romania’s renewables industry stands at a crossroads, with many projects at a critical phase. Our conference is dedicated to exploring the factors that will determine whether it’s a BOOM or BUST year for renewables.

Throughout the day we will provide an overview of the latest market developments, and share best practices in EPC, O&M, and Asset Management while discovering emerging technologies and trends.

Access is allowed based on a €50 + VAT admission ticket.

CONTEXT

The Romanian renewables sector faces a myriad of challenges that demand careful consideration and innovative solutions. Firstly, the industry grapples with regulatory uncertainties, often changing the rules of the game. Navigating through evolving policies, especially in areas like Contracts for Difference (CFD) and Power Purchase Agreements (PPAs), requires adaptability and a keen understanding of the shifting legal landscape. The ability to strike a balance between attracting investments and ensuring fair returns for renewable projects is a delicate task that industry professionals must address.

Secondly, the offshore wind potential in the Black Sea presents both promise and complexity. While offshore wind can be a game-changer in Romania’s energy mix, its development poses environmental and logistical challenges. Mitigating the impact on marine ecosystems and harnessing the wind’s energy efficiently are paramount concerns. Additionally, securing investments for these ambitious offshore projects in a competitive global market remains a challenge.

Compliance with the Renewable Energy Directive (RED) 3 of the European Union is another pressing issue. Meeting the stringent standards and timelines set by RED 3 demands significant investments in technology and infrastructure. This directive shapes the future of renewables across Europe, and Romania must rise to the occasion to ensure its place in the sustainable energy transition.
These challenges, while formidable, also present opportunities for innovation and growth. Our March 11 conference aims to dissect these issues and foster meaningful discussions to chart a resilient path for the Romanian renewables industry.

THEMES AND AGENDA

08.30-09.00 Guests registration

09.00-09.05 Introduction from the organisers

09.05-09.15 Dan Drăgan, Secretary of State, Ministry of Energy

09.15-09.25 Gabriel Andronache, Vicepresident of ANRE

09.25-10.35 TAKING STOCK OF THE ROMANIAN RES PROJECTS TODAY

• Current status of renewable energy projects
• What is the expected rate of success for the present investment wave
• The bright side: the beneficial impact of EU policies
• The challenges at local level
• The impact of the legal and regulatory reforms
• Constraints in the supply chain

10.40-11.50 2024: THE YEAR FOR CONFIRMATION

• Adapting to the new EU regulations – the impact of the new market design to the renewables sector
• Updating the national targets and policies
• Identify opportunities for aligning with RED 3 requirements
• Facing PICASSO, the European platform for the exchange of balancing energy

11.50-12.10 1to1 Conversation: Bogdan Chirițoiu, President of the Competition Council & Gabriel Avăcăriței, Editor-in-Chief of Energynomics

12.10 – 12.25 Elena Popescu, General Director, the Energy and Environment Division, Ministry of Energy of Romania

12.25 – 12.40 Cătălin Stancu, Senior Expert, Horváth

12.40 – 13.30 Business lunch

13.30-14.45 FINANCING AND EXECUTION – FROM READY TO BUILD TO COD

• Navigating the merchant markets: adapting to market price fluctuations; revenue optimization; risk mitigation
• How to make CfDs and PPAs work
• Explore case studies of successful contracts
• Assess regulatory updates and their impact on financing large-scale projects
• Guarantees of Origin

14.45-15.00 Networking Break

15.00-16.15 EMERGING TECHNOLOGIES TO COMPLEMENT RES PROJECTS

• Examine the potential of offshore wind in Romania
• Hydrogen investment opportunities
• Storage – the glue for energy convergence
• Hybrid projects: the pros and cons

16.15-16.30 Networking Break

16.30-17.30 KEY FACTORS FOR REACHING 18 GW OF SOLAR PV

• Discussing the results of Energynomics’ PV market report
• The latest in the M&A trends
• Prosuming and grid balancing challenges

EXPO AREA

Ideas energize action, but they are put to work in objects. The exhibition space allows the distribution of product brochures, the presentation of solutions and the results of the latest projects to those who need them. Companies that will be present with exhibition stand: ADC, Extro, Polytrade Global, WALDEVAR Energy.

PARTICIPATION

Access to the conference is open to all professionals in the Romanian energy industry and related sectors.

Practical examples will be presented, and guest speakers will answer questions from participants.

This conference is organized by Energynomics with the support of our partners: ADC, Alive Capital, CRC Energy, Elektra Renewable Support, EnergoPower, Ensys, Extro, Horváth, ING Bank, LONGi Solar, Monsson Operation, Nofar Energy, OX2 România, Photomate, PNE Romania, Polytrade Global, REI Grup, Renomia, Sph3ra Management Solutions, Transelectrica, WALDEVAR Energy, Wiren Romania.