BAKU, Azerbaijan, November 12. Romania expects to complete 10,000 megawatts of solar and wind energy projects over the next three to five years, Romanian Energy Minister Sebastian Burduja said during the 9th Ministerial Meeting, a steering committee meeting following the Strategic Partnership Agreement on the development and transfer of green energy between the governments of Azerbaijan, Georgia, Romania, and Hungary, Trend reports.
“Romania has entered into a deal for the building of two new big reactors in the Black Sea, each with a capacity of 1,400 megawatts. Furthermore, legislation has been formulated for offshore wind energy in the Black Sea. The World Bank estimates the region's potential at 75 gigawatts; however, realistically, only 3 to 7 gigawatts can be realized by 2032. It is crucial to acknowledge that our existing grid in southeastern Romania is operating at full capacity. Consequently, in the absence of this project, we will be unable to convey the energy generated by the new reactors, together with future offshore and onshore installations,” he said.
According to him, in the coming three to five years, Romania is set to put its money where its mouth is and aims to wrap up projects that will harness 10,000 megawatts of solar and wind energy.
“All of this puts additional strain on the network in terms of balancing. The HPDC connection becomes a useful tool for dispatchers, helping to balance the network not only for us but also for Hungary, Georgia, and Azerbaijan. Therefore, we strongly support this project and are eager to move forward,” he added.
To note, the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29), which will run until November 22, opened today at the Baku Olympic Stadium. The event is the largest organized by Azerbaijan to date and is the first time the region has hosted the event in Azerbaijan.
The main expectation from COP29 is to agree on a fair and ambitious New Collective Quantitative Goal (NCQG) on climate finance.
Stay up-to-date with more news on Trend News Agency's WhatsApp channel