Romania could have a surplus of energy from renewable sources if all the announced projects come on stream. But at the moment it is unclear what the country will do with these volumes of energy, said Mihaela Coroiu, Director for Sustainable Energy Projects and Marketing Strategies at EnergoBit, at the Energy Strategy Summit 2024, organized by Energynomics.
“With so much green energy we could make low carbon footprint products to export. There’s a lot of money that I don’t know how we will spend on green energy. We need to use this energy to make products that others are willing to pay for,” she insisted, before launching a rhetorical question – “Why are we subsidizing in Romania photovoltaic panels made in Asia?”
Re-positioning energy investment on a more ambitious value chain is the way forward, but “I fear that the steps will be too slow and will not be taken by us, but by the investors who are looking at us”.
Romania has a good energy mix, but it needs to keep up the pace of long-term investments, without prolonged hiatuses, and should also better position itself on a value chain of high value-added products, alongside friendly countries such as the US, Mihaela Coroiu added.
More details and the entire intervention of our colleague, in the link below: