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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,

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Presentation on theme: "Energy Policy in Romania BOGOS Zsolt, Secretary of State Ministry of Economy and Commerce, Romania - Black Sea Energy Conference - 3 – 5 April 2006, Bucharest,"— Presentation transcript:

1 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

2 Challenges in the energy field the ongoing situation on the oil and gas markets the ongoing situation on the oil and gas markets the increasing import dependency and limited diversification the increasing import dependency and limited diversification high and volatile energy prices high and volatile energy prices growing global energy demand growing global energy demand security risks affecting producing and transit countries as well as transport routes security risks affecting producing and transit countries as well as transport routes the growing threats of climate change the growing threats of climate change slow progress in energy efficiency and the use of renewable 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 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 energy market liberalization nearing completion (July 2007) the limited coordination between energy players while large investments are required in energy infrastructure. the limited coordination between energy players while large investments are required in energy infrastructure.

3 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 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 Key element: enforced co-operation

4 Competition Transparency and clear regulatory framework are key words for the development of a real competitive sector 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. 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 Promotion of cost-effective options and economic analysis of different policy options, including their impact on energy prices Opening of the market Opening of the market Implementation of the most effective energy technologies Implementation of the most effective energy technologies Effective coordination between the national energy regulators and national competition authorities. Effective coordination between the national energy regulators and national competition authorities.

5 Energy efficiency The overriding aim is to reduce Romania’s high energy consumption in a co-ordinated way that will improve 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 Specific targets to reduce heat emissions and intensity are included in the strategy for energy efficiency Special attention to the negative impact on the environment Special attention to the negative impact on the environment The main targets included in National Strategy for Energy Efficiency: 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 million toe/year; –Increase of use of renewable energy resources.

6 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 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: 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.

7 Renewable Special incentive program should be enforced including a financial component 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 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 After 2007, projects for the utilization of renewable resources will benefit from the support of the EU Structural Funds

8 Transport corridors - Nabucco Project – and PEOP Top priorities: Securing the supply and diversifying the import sources Top priorities: Securing the supply and diversifying the import sources Major projects that Romania intends to promote: 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

9 Transport corridors - Nabucco Project -

10 NOVOROSSIISK SUPSA TENGIZ OIL FIELDS PITESTI EXPORT TO BOSNIA NOVI SAD TERMINAL PANCEVO TERMINAL SISAK TERMINAL EXPORT VIA DRUZBA EXPORT VIA TAL ROMANIA BURGAS VLORE ALEXANDROPOLIS CEYHAN BRODI EXISTING PIPELINES PROJECTED PIPELINES CPC PIPELINE BTC PIPELINE AMBO PIPELINE DRUZBA PIPELINE GDANSK ADRIA PIPELINE CONSTANTA TERMINAL TRIESTE CONSTANTA-PANCEVO-OMISALJ-TRIESTE PIPELINE (CPOT)

11 Thank you for your attention! MINISTRY OF ECONOMY AND COMMERCE BOGOS Zsolt Calea Victoriei 152 Bucharest, district 1 Romania tel.: fax: official website:


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