Briefing: Turceni coal power plant rehabilitation
Publisher: CEE Bankwatch Network
Volume: 22 pages, pdf
Description:
The Romanian power sector can seize a number of opportunities to transform into an efficient, renewables-based driver for low carbon transition. Among these opportunities are the overall decrease in energy consumption, decoupling of economic growth from energy consumption, availability and mix of domestic energy sources and continued increase in energy efficiency. Energy consumption has gone down substantially since the beginning of the economic crisis, and gross domestic product was also impacted but, unlike energy consumption, it registered growth in 2009-2012. The economic crisis brought also a decrease in energy imports and improved the energy independence index for a country in a much more fortunate position than many of its neighbours when it comes to domestic energy sources and diverse mix of energy production capacities.