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Energy Policy in Romania BOGOS Zsolt, Secretary of State Ministry of Economy and Commerce, Romania - Black Sea Energy Conference - PowerPoint PPT Presentation


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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. the ongoing situation on the oil and gas markets

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Energy Policy in Romania BOGOS Zsolt, Secretary of State Ministry of Economy and Commerce, Romania - Black Sea Energy Conference -

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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


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Challenges in the energy field

  • the ongoing situation on the oil and gas markets

  • the increasing import dependency and limited diversification

  • high and volatile energy prices

  • growing global energy demand

  • security risks affecting producing and transit countries as well as transport routes

  • the growing threats of climate change

  • slow progress in energy efficiency and the use of renewable

  • the need for increased transparency on energy markets and further integration and interconnection of national energy markets

  • the energy market liberalization nearing completion (July 2007)

  • the limited coordination between energy players while large investments are required in energy infrastructure.


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EU common policy

  • The Green Paper on a European Strategy for Sustainable, Competitive and Secure Energy- new common policy with a common voice on energy questions

  • Key element: enforced co-operation


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Competition

  • 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

  • Opening of the market

  • Implementation of the most effective energy technologies

  • Effective coordination between the national energy regulators and national competition authorities.


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Energy efficiency

  • The overriding aim is to reduce Romania’s high energy consumption in a co-ordinated way that will improve energy efficiency

  • Specific targets to reduce heat emissions and intensity are included in the strategy for energy efficiency

  • Special attentionto the negative impact on the environment

  • 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.


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Renewable

  • Target: the consumption of electricity produced by renewable sources to reach 33 % of the total energy consumption, representing 11 % of the gross domestic energy consumption

  • Benefits of renewable energy use:

    • 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.


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Renewable

  • 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


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Transport corridors- Nabucco Project – and PEOP

  • 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


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Transport corridors- Nabucco Project -


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MINISTRY OF ECONOMY AND COMMERCE

BOGOS Zsolt

CaleaVictoriei 152Bucharest, district 1Romania

tel.: +40 21 20.25.120 fax: +40 21 20.25.119e-mail: [email protected] website: www.minind.ro

Thank you for your attention!


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