No more than 10-20% of planned renewable energy projects will be installed in Romania because the market does not need excess capacity, said Zoltan Nagy-Bege, Energy Market Director, Ciga Energy, during the “More renewables for Romania” conference, organized by Energynomics.

“We don’t need 30,000 MW in generation units, neither we nor the investors have the capacity to make those investments in grids through which this hypothetical capacity is realised. Many projects will obviously not be realised, maybe 10-20%. But a few thousand MW will be realised, especially good projects with potential or low costs. There is a natural competition in the market and this will select the projects and the good projects will win,” said Zoltan Nagy-Bege.

In addition, new renewable energy projects, including those of prosumers, will create problems in terms of balancing the grids, but if the legislation is correct, then the right solutions can be implemented.

On the other hand, building gas-fired power plants could create a number of difficulties by increasing demand for gas as this fuel is phased out of the energy mix in some European countries.

However, Romania has its own natural gas reserves so the decision to use them is a “legitimate” one. “There is no way we can be on the same wavelength as some EU countries, because we have the privilege of having gas. Romania’s intention to continue producing energy on gas is legitimate,” Bege said.

Ciga Energy has been active in the electricity and gas market since 2011 and serves approximately 450 customers. The company specializes in providing Balancing Party representation services for approximately 30% of the total electricity consumption in Romania.

“More renewables for Romania” conference was organized by Energynomics, with the support of our partners among which Alive Capital, Astrasun, BCR, Elektra Renewable Support, EnergoBit, Eximprod, Ensys Renewable Solution, ING Bank, LAPP Romania, Metacon, Noark, Photomate, REI Grup, TAW Energy, Volt, Wiren.