The energy industry in Romania needs a national strategy as a landmark for shaping policies at corporate and sectorial level. Professional associations, together with experts from companies and academics, are open to dialogue and ready to support public authorities with analyses, case studies and concrete proposals for defining Romania’s energy strategy. Leading representatives of all energy sectors and government officials presented their views in front of the Government officials at the Energy Strategy Summit, on June 4, at Busteni.
Organized by energynomics.ro, Energy Strategy Summit brought together over 120 participants and was supported by 23 top speakers from companies and regulatory bodies with responsabilities in the energy sector.
The key objective of Energy Strategy Summit was to draw the essential lines for the future Romanian national energy strategy as they result from a wide consultation of the high level private and public stakeholders in the Romanian Energy Sector. The speeches and all the debates were fully and LIVE broadcasted on energynomics.ro.
In the near future, energynomics.ro team will work on drafting the Summit report which will be officially delivered to the Government for taking them into consideration when drafting the national energy strategy. The key statements will be published and put into discussion by all channels of energynomics.ro communication line (website, magazine, own events).
For opening the day and stimulating the dialogue there were Mihnea Constantinescu, Ambassador at large, Special representative for Energy Security of the Romanian Government; Mihai Albulescu, secretary of state within the Energy, SMEs and Business environment Ministry.
Gheorghe Duțu, President of ANRM
A useful approach in the construction of Romania’s energy strategy is to take into consideration the following pillars: strengthening oil sector, strengthening the authorities, reducing environmental impacts, research and innovation. […] At the same time, Romania has 299 coal deposits and their exploitation is essential in crisis, being located close to the beneficiary. As about the actions that the Agency is currently carrying out, we work with operators on updating the lagislation of the sector, and cooperate with the Ministry of Finance for the new royalty package.
John Knapp, RBSTA Chairman, Managing Director of ExxonMobil Exploration and Production Romania Limited
There is a will for increased production in Romania and for better use of the resources of the country. In the oil and gas business, uncertainty is part of everyday operations. Holders of the Black Sea concession titles consider that the investors take all the risks and all the costs, and without stability in regulation, things will not evolve in terms of exploitation and infrastructure construction in order to market these resources.
Artur Stratan, president ROPEPCA
The investment climate should be extremely attractive because Romania competes with other investment destinations. Therefore, the Association welcomes the abolition in the new Tax Code of the various taxes that burden our activity, eg. the special construction tax.
Mihail Mitroi, Chief HSEQ Prospecțiuni SA
Without any question, a revitalization of exploration in Romania is much needed. Now, only about 16% of the depositary of the basement is analyzed by 3D imaging, while the remaining 84% can provide pleasant surprises. Therefore, we support the granting of new concessions. In exploration we have a well developed legislation, but interpretation of the legislation differs from authority to authority. Regarding the gas supply to the economy, the problem of storage must be the first priority of the strategy.
Varinia Radu, partener CMS-Cameron McKenna
Romania has as its major priorities achieving energy security and reducing imports of primary energy resources. These two objectives depend on finding new resource, their exploitation and their selling.
Corneliu Bodea, president CRE, Adrem Invest and Adrem Automation representative
We have two very important laws in discussion in ANRE: the law of energy efficiency and the law for the fixed tariffs in distributed generation. In this regard, there is not enough or nothing at all in secondary legislation, and that should be the very first concern for all of us..
Remus Borza, judicial administrator Hidroelectrica
To limit Hidroelectrica to produce only for the domestic market means we have to accept the disappearance of other producers. If we allow the cheap hydropower for exporting, some will say that we let only the expensive energy for local consumers, and they see it as a matter of morality. However, the hydropower reaches the end user still expensive because of the distribution and transmission tariffs. A possible solution could be to liberalize the distribution.
Cristina Cremenescu, vicepresident COGEN
Heat can not be interconnected, it is a local market and this is precisely why we don’t find it in the documents issued in connection with the European Energy Union. An imbalance in the gas market causes imbalances in the heat market. […] About bonus schemes, we had an incentive scheme for high efficiency cogeneration and with its help there were installed around 200 MW.
Ciprian Glodeanu, president RPIA
We should focus on rebalancing the market. There are many small producers who barely afford to pay the basic costs. However, I think things will evolve well. Perhaps some projects will be taken over by banks. The proper strategy plan to leave the awarding of an important role of renewable energy and to draw on other resources as back-up.
Cătălina Dragomir, president RWEA
An energy strategy should be politically decided and we all should learn from past errors so that we can propose aims we will be able to fulfill.
Ovidiu Demetrescu, general manager Hidro Tarniţa
The more renewable sources enter the system, the better is served the pumping storage power plant in Tarniţa. Although Tarniţa hydropower is not a production central, as a net energy consumer, we must take into account the fact that in 5-10 years many coal and gas producers will be eliminated out of the system and that will require a rebalancing of the system.
Sebastian Enache, business development manager, Monsson Group
I think an easy target to reach is that by 2050 half the energy produced to be generated from renewable resources.
Carmen Neagu, President of Supervisory Board Transelectrica
The thermal energy should be introduced in the national energy strategy. Heating is responsible for 80% of Romania’s energy balance.
Daniela Lulache, CEO Nuclearelectrica
There is not a document we are missing, but the action itself.
At its first edition, the Energy Strategy Summit, organized by energynomics.ro has brought together representantives from over 40 companies from the Romanian energy industry, among them: ABBC Group, Adrem Invest, Aecom, Alstom, ArcelorMittal, Bankers Petroleum, Bepco, Bulrom Gas, CET Govora, Doosan, E.ON Romania, Electra Norte, Electroprecizia, Elsaco, Emerson Process Management, Emerson Ridge Tools, Enel Green Power, Enel Romania, ExxonMobil, GDF Suez, Green Light Hoos, Hidro Tarniţa, Hidroelectrica, Hunt Oil Company, Lufthansa, Lukoil România, Matei Conf, Monsson Group, NIS Petrol, Nuclearelectrica, OMV Petrom, Panfora, Petrotel-Lukoil, Prospecţiuni SA, Repower, Romgaz, Schneider Electric România, Transelectrica, Vestas.
Next to them there were also present representatives of audit and consulting sector, but also lawyers specializing in energy and financial environment and leaders from companies such as CMS Cameron McKenna, Serban & Musneci Associates, Fine Law, GB Consulting, Maldon & Watt, Noizz Advisors, Tagline, BCR, BCR Pensii, SGS România, Gefco România, Horvath & Partners.
All present enjoyed the unique ambience from the Cantacuzino Castle in Buşteni, located in an impressive natural landscape. Energy Strategy Summit was organized by energynomics.ro with the support of Adrem, ALD Automotive, ATE 3, Automobile Bavaria, BCR Pensii, Chivas, Enel, E.ON, Hidroelectrica, HidroTarniţa, Lufthansa, Matei Conf, Nuclearelectrica, Petrotel Lukoil, Ridgid, Sarto, Schneider Electric, SGS România, Transelectrica, Vestas.
Energy Strategy Summit enjoyed the support of many strategic partners, including ACUE, COGEN, CRE, RPIA, RWEA, ROPEPCA and EPG. Bursa, Forbes, NineO’Clock, The Diplomat and Puterea were the media partners.
During the event it was also launched the second issue of energynomics.ro Magazine in 2015. Another 184 pages, fully bilingual format and attractive design, capturing the trends and essential themes in the Romanian energy industry: news, analyses and opinion from personalities directly involved in the decision of the regulators and the most dynamic companies. These issue is featuring among others articles and interviews with Frank Hajdinjak (E.ON România), Niculae Havrileţ (ANRE), Ovidiu Demetrescu (Hidro Tarniţa), Eric Stab (GDF Suez), Julian Popov (Fundaţia Europeană Climatică).
In order to receive the next issue (September 2015) of energynomics.ro Magazine for free, we encourage you to write us at office at energynomics.ro to include you in our distribution list.