World Bank estimates Romanian Black Sea wind energy can add 76 GW by 2035

A new World Bank study on Romanian wind energy potential in the Black Sea predicts that as much as 76 gigawatts (GW) of new electricity and up to 77,000 new jobs can be added by 2035.

Under best case scenarios, offshore wind energy can provide for 37 per cent of the country’s electricity needs by 2035 after the installation of 360 turbines at seven project sites.

“Wind energy from the Black Sea is a unique chance for the development of Romania, which we cannot afford to miss,” said the Minister of Energy of Romania, Sebastian Burduja, at the official publication of the Offshore Wind Roadmap for Romania report. 

The study carried out by the World Bank highlights the impact and potential of the development of offshore wind energy in Romania, as well as the economic and social opportunities that the industry can bring to the country. It projects that untapped offshore wind energy will add income, jobs and electricity for Romania.

“World-class experts analysed for the first time the exclusive Romanian economic zone in the Black Sea, and the data are fascinating,” said Minister Burduja. “Total potential of 76GW — 22GW on fixed platform and 54 GW floating […] and the possibility of developing projects between 3GW and 7GW by 2035.”

“This year we managed to adopt the offshore wind energy law, Romania becoming the first country in the Black Sea basin with a clear and attractive legal framework for investors,” the minister added. 

“We are several steps ahead of all the other states in the region and we have to keep up the pace. If we continue to be the first, we have the opportunity to become a hub for the entire region and play our leading role in ensuring energy security and independence.”

The report indicates two scenarios for the near future of Romanian offshore wind energy.

The low-growth scenario projects 150 turbines to be installed through 5 projects until 2035. The value of the investment would amount to 9 billion euros, installed capacity of 3 GW, which will provide 16 per cent of the country’s energy needs. In terms of supply chain and economic impact, Romania will account for 28 per cent local content and approximately 21 thousand jobs will be created.

In the intensive growth scenario outlined in the report, 360 turbines are installed through 7 projects until 2035. The investment value will be approximately 19 billion euros, installed capacity of 7 GW, which will provide 37 per cent of the country’s energy needs. In terms of supply chain and economic impact, Romania will have 38 per cent local content and approximately 77 thousand jobs will be created.

_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}