This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the period 2013 ÷ 2018. In view of recent cuts in FIT’s announced in Germany, Spain, France, UK, Czech Republic, Slovakia, Bulgaria and Italy, Romania represents a stable investment environment in South-East Europe with clear rules and green certificates support scheme. Current cumulative installed PV capacity in the country is insignificant, but a number of fully permitted and ready to build project is promptly increasing. Romanian market has good chances to reach more than 431 MWp in the next 2 years. The report provides a complete picture of the market situation, dynamics, current issues and future prospects. You will find more than 60 pages of valuable information in this unique in-depth analysis of the Romanian photovoltaic market. With comprehensive market data this report brings clear and concise insights, to help investors in their decision making process. As 2011 and 2012 were challenging years for photovoltaic industry, the time for taking right decisions during 2013 and the next few years is limited. Fast changing market environment with falling module prices, requires relevant and accurate information. For your convenience we offer opportunity for orders with customized report content. You may download photovoltaic market report presentation and order form from here:
http://www.ineaconsulting.eu/en/downloads/analysis/solar-pv/52-romania
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Romania Photovoltaic Market Outlook 2013 - 2018
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2. Inea Consulting is well established renewable energy
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Through its analytical arm Inea Research, the
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watch, customized analysis, market outlooks and
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3. ROMANIA PHOTOVOLTAIC MARKET: OUTLOOK 2013 ÷ 2018
This market report offers an incisive and reliable overview of the photovoltaic sector of the
country for the period 2013 ÷ 2018. In view of recent cuts in FIT’s announced in Germany,
Spain, France, UK, Czech Republic, Slovakia, Bulgaria and Italy, Romania represents a stable
investment environment in South-East Europe with clear rules and green certificates
support scheme. Current cumulative installed PV capacity in the country is insignificant, but
a number of fully permitted and ready to build project is promptly increasing. Romanian
market has good chances to reach more than 431 MWp in the next 2 years. The report
provides a complete picture of the market situation, dynamics, current issues and future
prospects. You will find more than 60 pages of valuable information in this unique in-depth
analysis of the Romanian photovoltaic market. With comprehensive market data this
report brings clear and concise insights, to help investors in their decision making process.
As 2011 and 2012 were challenging years for photovoltaic industry, the time for taking
right decisions during 2013 and the next few years is limited. Fast changing market
environment with falling module prices, requires relevant and accurate information. For
your convenience we offer opportunity for orders with customized report content. Reasons
to buy this market report are, but no limited to:
Brief overview of the Romanian political and economic environment
Solar resource potential in Romania
Overview of Romanian photovoltaic market development 2000 ÷ 2018
Grid connected photovoltaic installations for 2012/2013
Future market trends and planned photovoltaic projects for 2013 ÷ 2018
Current market prices of fully permitted and operational photovoltaic projects
Romanian legal and energy regulatory framework for renewable projects
Key companies and competitive landscape in photovoltaic sector
Review of most relevant financing and supporting incentives
SWOT Analysis
At next pages you will see the full table of content of this report. To order this report
just fill in and send us the enclosed at the last page order form. If you have any other
questions please do not hesitate to call us on ++359 887 342 475 or write an e-mail to
orders@ineaconsulting.eu
4. ROMANIA PHOTOVOLTAIC MARKET: OUTLOOK 2013 ÷ 2018
TABLE OF CONTENTS
FOREWORD .................................................................................................................... 6
1. METHODOLOGY .................................................................................................... 8
2. EXECUTIVE SUMMARY ........................................................................................ 10
3. ROMANIAN POLITICAL AND ECONOMIC ENVIRONMENT ..................................... 13
3.1. Basic country data ................................................................................................... 13
3.2. Political Climate and Ruling Party ........................................................................... 16
3.3. GDP and Economic Growth ..................................................................................... 16
3.4. Electricity Imports and Exports. Electricity prices for business and households .... 18
3.5. Taxes ........................................................................................................................ 20
3.5.1. VAT ....................................................................................................................... 20
3.5.2. Income and Corporate Taxes ............................................................................... 20
4. ROMANIAN PHOTOVOLTAIC ENERGY MARKET .................................................... 21
4.1. General electricity market information .................................................................. 21
4.1.1. Electricity Consumption and Production ............................................................. 22
4.1.2. RES targets to 2020.............................................................................................. 22
4.2. Photovoltaic market ................................................................................................ 25
4.2.1. Why invest in photovoltaic energy in Romania? ................................................. 26
4.2.2. Romanian solar resource potential ..................................................................... 27
4.2.3. Overview of Romanian photovoltaic market 2000 ÷ 2018 ................................. 28
4.2.4. Market prices for PV projects in Romania ........................................................... 30
4.2.5. Development projects and operational PV plants in Romania ........................... 30
4.2.6. Key solar companies operating on Romanian market ........................................ 34
5. EUROPEAN RENEWABLE ENERGY POLICY LANDSCAPE ......................................... 36
5.1. Romanian RES Regulations and EU Directives ........................................................ 36
5.1.1. Precedent EU regulations .................................................................................... 36
5.1.2. Most recent EU renewable energy policy developments ................................... 36
5.2. Renewable energy mandatory targets for Romania set out by the EU .................. 37
5.2.1. Interim targets set out by the EU ........................................................................ 37
5.2.2. National support schemes flexibility allowed by the EU ..................................... 38
5.3. PV LEGAL Project ..................................................................................................... 38
6. ROMANIAN RENEWABLE LEGAL AND REGULATORY FRAMEWORK....................... 39
6.1. Main laws and regulations ...................................................................................... 39
6.2. Zoning, planning and construction related authorizations ..................................... 40
6.3. Environmental related authorizations .................................................................... 40
6.3.1. Natura 2000 Network .......................................................................................... 41
6.3.2. Joint Implementation .......................................................................................... 41
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5. ROMANIA PHOTOVOLTAIC MARKET: OUTLOOK 2013 ÷ 2018
6.4. Energy law authorizations ....................................................................................... 41
6.4.1. Power Generation Licensing ................................................................................ 41
6.4.2. Grid Interconnection ........................................................................................... 42
6.4.3. Power Off-Take .................................................................................................... 42
6.4.4. Green certificates ................................................................................................ 43
6.5. Financial Incentives and Support for RES electricity ............................................... 44
6.6. Future market pricing mechanisms ........................................................................ 45
6.7. Key Co-financing opportunities ............................................................................... 46
7. KEY ORGANIZATIONS AND INSTITUTIONS ............................................................ 47
7.1. Government ............................................................................................................ 47
7.1.1. The Ministry of Economy, Trade and Business Environment (METBE) ............... 47
7.1.2. Romanian Energy Regulatory Authority (ANRE) ................................................. 47
7.1.3. Ministry of Environment and Forests (MoEF) ..................................................... 47
7.1.4. Ministry of Agriculture and Rural Development (MARD) ................................... 48
7.2. Distribution System Operators (DSO’s) ................................................................... 48
7.2.1. Electrica SA .......................................................................................................... 48
7.2.2. E.ON Energie ........................................................................................................ 49
7.2.3. CEZ ....................................................................................................................... 50
7.2.4. ENEL ..................................................................................................................... 51
8. SWOT Analysis .................................................................................................... 53
9. CONCLUSIONS ..................................................................................................... 58
10. LIST OF ABBREVIATIONS ...................................................................................... 60
11. REFERENCES ........................................................................................................ 62
12. DISCLAIMER ........................................................................................................ 71
APPENDIX I. SOLAR IRRADIATION MAPS OF EUROPE AND ROMANIA ............................. 72
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