Acasă » Electricity » Zoltan Nagy-Bege: In this period of war and energy crisis the most important thing is the security of supply

Zoltan Nagy-Bege: In this period of war and energy crisis the most important thing is the security of supply

15 April 2022
Electricity
Bogdan Tudorache

In this period of war and energy crisis, the most important thing is the security of supply for gas and for power, and in order to have a security of supply and to rebalance the energy market we need investments in Europe – in new capacities and in energy efficiency, said Zoltan Nagy-Bege, vice-president of ANRE, at the Regional Approach Brussels conference, organized by Energynomics.

”In spite of the recent issues, nobody is losing focus, as the focus stays the same: decarbonization, energy transition, clean energy production, phasing out fossil fuel from our energy mix. Having an energy crisis for more than half a year, in a crisis situation you tend to lose focus sometimes, as trying to recover yourself. What can I see now is that nobody is losing focus, as the goals are the same. Maybe the path will be different, and maybe the timing to make changes will be shorter, which could be a good thing. During this crisis, we had generous subjects to debate upon, and the discussions regarding the solutions for the future of energy in Europe sometimes heated up, but even under this pressure, we didn’t see some strong actions from the stakeholders involved in the debate. We have a war right now, and maybe this unfortunate situation will accelerate things. We can see now that this war gave us unity in the European Union. Of course, in this period of war and energy crisis, the most important thing is the security of supply- for gas and for power. In order to have a security of supply and to rebalance the energy market we need investments in Europe – in new capacities and in energy efficiency,” he said.

“I would start with energy efficiency because in the last period we lost focus on it. The energy market can be rebalanced with energy efficiency measures, by lowering the consumption, and the demand. Sometimes is much easier to do that in the short term, than build new production capacities that need a lot of time. Also, investments in production are needed, and Romania has the privilege to be able to raise the production of gas as well. Not many European countries can do that. Already in Q2, a Romanian company started offshore gas production, bringing additional gas in the market. In Romania, there are also onshore reserves that can start production relatively fast, and we see signs that Romanian authorities and companies try to do that,” Zoltan Nagy-Bege added.

As countries try to find alternatives to Russian gas, interconnectors have bigger importance. Also, power production can see new capacities entering into operation, especially in the renewables field.

”The only way, at this moment, is to invest in renewables. EU doesn’t have any other resources, and renewables are the most important source of energy,” he stressed.05

See the photo Gallery from Brussels!

The conference Regional Approach Brussels – Energy Transition was organized by Energynomics with the support of our partners: Kawasaki Gas Turbine Europe, MET România Energy, Restart Energy.

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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