Transcript Energy Policy in Romania (??)

Energy Policy in Romania
BOGOS Zsolt, Secretary of State
Ministry of Economy and Commerce, Romania
- Black Sea Energy Conference 3 – 5 April 2006, Bucharest, Romania
Challenges in the energy field
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the ongoing situation on the oil and gas markets
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the increasing import dependency and limited diversification
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high and volatile energy prices
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growing global energy demand
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security risks affecting producing and transit countries as well as
transport routes
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the growing threats of climate change
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slow progress in energy efficiency and the use of renewable
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the need for increased transparency on energy markets and further
integration and interconnection of national energy markets
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the energy market liberalization nearing completion (July 2007)
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the limited coordination between energy players while large
investments are required in energy infrastructure.
EU common policy
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The Green Paper on a European
Strategy for Sustainable, Competitive
and Secure Energy - new common
policy with a common voice on energy
questions
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Key element: enforced co-operation
Competition
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Transparency and clear regulatory framework are key words for the
development of a real competitive sector
Competitiveness requires a well-designed, stable and predictable
regulatory framework, respectful of market mechanisms.
Promotion of cost-effective options and economic analysis of
different policy options, including their impact on energy prices
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Opening of the market
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Implementation of the most effective energy technologies
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Effective coordination between the national energy regulators and
national competition authorities.
Energy efficiency
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The overriding aim is to reduce Romania’s high energy
consumption in a co-ordinated way that will improve energy
efficiency
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Specific targets to reduce heat emissions and intensity are
included in the strategy for energy efficiency
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Special attention to the negative impact on the environment
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The main targets included in National Strategy for Energy
Efficiency:
– Reduction of energy intensity by 40% until the year 2015,
compared to 2001;
– The average electricity consumption will increase with 2,7 % by
the year 2015 compared to 2001
– The domestic energy resources will be limited to 24-25 million
toe/year;
– Increase of use of renewable energy resources.
Renewable
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Target: the consumption of electricity produced by
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Benefits of renewable energy use:
renewable sources to reach 33 % of the total
energy consumption, representing 11 % of the
gross domestic energy consumption
– the unique characteristics in combating climate change
and contributing to reliability of energy supply through
increased diversity;
– create opportunities for business and jobs ;
– it represents a local source that can help reduce reliance
on import and improves the security of energy supply,
meeting the environment protection criteria.
Renewable
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Special incentive program should be enforced including a
financial component
Promotion of energy produced from renewable sources is
being achieved by suppliers acquisition (proven by green
certificates) of a mandatory quota of electricity produced
from renewable sources, followed by their purchase by
national customers. Renewable energy can be purchased
from the green certificate market, operated by OPCOM
After 2007, projects for the utilization of renewable
resources will benefit from the support of the EU
Structural Funds
Transport corridors
- Nabucco Project – and PEOP
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Top priorities: Securing the supply and
diversifying the import sources
Major projects that Romania intends to promote:
The Nabucco Project - access corridor for the
Caspian reserves to the European markets;
included in EU Green Paper
Pan European Oil Pipeline (Constanta – Trieste )–
the most direct route for oil transit from the
Black Sea Region to Europe
Transport corridors
- Nabucco Project -
MINISTRY OF ECONOMY AND COMMERCE
BOGOS Zsolt
Calea Victoriei 152
Bucharest, district 1
Romania
tel.: +40 21 20.25.120
fax: +40 21 20.25.119
e-mail: [email protected]
official website: www.minind.ro
Thank you for your attention!