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EBRD will assist the development of the national energy strategy

25 March 2014
Bogdan Tudorache

The European Bank for Reconstruction and Development (EBRD) will provide technical assistance to the Department of Energy for developing the national energy strategy, according to a Department release.
Minister of Energy, Razvan Nicolescu, discussed about energy topics on Tuesday, in Bucharest ,with a delegation led by Riccardo Puliti, General Manager for Energy and Natural Resources of the EBRD and James Hyslop (photo), EBRD Director for Romania.

“After the meeting , the officials determined that Romania will benefit from the EBRD technical assistance in developing national energy strategy. The two sides also discussed the Government’s policy in the field of renewable energy, as well as Romania`s interconnection projects in the fields of gas and electricity, “said a statement quoted by Agerpres.

EBRD officials were interested in the current status of the listings of Electrica and Oltenia Energy Complex.

“EBRD Representatives share the principles and vision of the Minister responsible for Energy , Razvan Nicolescu, about the development of a North- South gas corridor,” says the press release.

On Sunday, Nicolescu said at a TV show that a first draft of Romania’s energy strategy could be released for public debate in September-October 2014.

“It’s one of the things that I have assumed and I have already started work. We launched a public debate with ten extremely important strategic questions: how will the consumption be in the next 10-20 years, how will the energy sector help the re-industrialization of the country and maintain employment, or maintain the competitiveness of Romanian companies.

”It is a strategy that I want adopted and approved by all political forces, because it will be a long term project that must be approved politically, related to national security. Independence or energy security will play a key role. I would like to be ready to offer for discussion a first draft of the energy strategy in six months after my appointment as Minister of Energy, so somewhere in September-October,”said Razvan Nicolescu.

The Department for Energy has started on March 12 the public consultation to develop new energy strategy of Romania, so the applicability of the new strategy to take place between 2014 to 2035.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.

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