Archive for the ‘Wind Energy in Romania – specificities’ Category

Ziarul Financiar – Ţara “morilor de vânt”: parcurile eoliene au ajuns la o capacitate de 1.000 MW după investiţii de peste 1,5 miliarde de euro

News about the development of the wind energy sector in Romania – 1GW online today:
(articol nou-aparut despre cum evolueaza sectorul energiei eoliene in Romania – 1000MW racordati astazi la retea)

–––– Autor: Roxana Petrescu ––––

Capacitatea parcurilor eoliene funcţionale în România a ajuns la 1.009,5 MW, cu 40% mai mare comparativ cu cea a unui reactor al centralei nucleare de la Cernavodă, investiţiile depăşind 1,5 miliarde de euro dacă se ţine cont de faptul că fiecare MW instalat costă între 1,5 şi 1,7 milioane de euro. Datele Transelectrica arată că în acest moment funcţionează 11 parcuri eoliene, toate fiind localizate în Dobrogea.

Cehii de la CEZ au cel mai mare parc eolian cu o capacitate de 387,5 MW în comuna dobrogeană Fântânele, în total funcţionând 155 de turbine de câte 2,5 MW fiecare.

Următorul ca mărime este parcul realizat de Energias de Portugal în comuna Peştera. Investiţia are o capacitate de 90 de MW şi cuprinde 30 de turbine eoliene. Tot Energias de Portugal mai are două parcuri eoliene de câte 69 de MW fiecare la Cernavodă.

Spaniolii de la Iberdrola au pus şi ei în funcţiune un parc eolian de 80 de MW în localitatea Mihai Viteazu. Italienii de la Enel au trei parcuri eoliene, fiecare de câte 70 de MW, precum şi unul mai mic de 34 de MW, toate situate în Tulcea.

Petrom, cea mai mare companie din România, figurează la rândul ei pe lista Transelectrica cu un parc eolian de 45 de MW în comuna dobrogeană Dorobanţu. Cel mai mic parc eolian ca şi capacitate din lista Transelectrica este deţinut de ButanGas. Acesta are 25 de MW şi este localizat în Siliştea, Dobrogea.

Anunțuri

Popularizarea energiei

Nu pot decat sa ma bucur ca energia este un subiect care incepe sa preocupe din ce in ce mai multi oameni, ca se discuta si in cafenele si pe net despre megawati, kilowati-ora si „proiecte”, in sensul de a produce cat mai multa energie din surse regenarabile sau de a folosi cat mai eficient energia utilizata pentru atingerea unui anume scop.

Mi se pare, insa, necesar ca cei care se exprima in public despre subiectul asta sa fie atenti cu termenii, pentru ca nu tot ce zboara se mananca. Daca folosesti termeni improprii, arati lumii ca vorbesti fara sa ai habar de subiect si din incercarea de a parea mai destept rezulta exact opusul.

Sa luam un exemplu din presa de azi, un articol in care putem citi:
„Producerea a 1 MWh de energie solara costa intre 3 si 4 milioane de euro” – s-avem rezon! Producerea a 1 MWh din energie solara va costa ceva de ordinul de marime 100 de euro [1]. S-ar putea ca investitia intr-o capacitate de productie de energie electrica din energie solara sa fie de ordinul a 4 milioane de euro, iar in functie de gradul de insorire, de costul si de eficienta sistemului facem un calcul al costului de producere a energiei.
În afară de modernizarea rețelelor de alimentare, o altă oportunitate este, desigur, energia verde. După câțiva ani de ezitări, investițiile în acest domeniu ar putea intra în linie dreaptă anul viitor, în România, după ce în vara acestui an a fost în sfârșit promulgată Legea 220/2008, care stabilește felul în care statul va încuraja producerea de energie regenerabilă. Astfel, sistemul de promovare a energiei regenerabile este bazat pe acordarea de certificate verzi.” – sistemul de certificate verzi exista si era aplicat in Romania si inainte de 2008. Legea 220/2008 a fost promulgata si publicata in Monitorul Oficial inca din octombrie 2008. Ea nu a fost aplicata, pentru ca, din mai multe motive, nu au fost publicate norme de aplicare. Legea 139/2010 completeaza si modifica Legea 220/2008, transformand-o intr-un text pe care speram sa il valideze Comisia Europeana si la care sa avem pana prin martie 2011 si cele vreo 13 texte de legislatie secundara necesare pentru punerea ei in aplicare. Abia atunci un producator de energie electrica din energie solara, cu licenta de la ANRE si garantie de origine va primi 6 certificate verzi pentru fiecare MWh produs.

E drept, „imobiliarele au murit, trăiască energia!”; asta e starea de fapt. Ca sa parafrazez articolul cu pricina: până acum câțiva ani, toată lumea era expert in imobiliare – acum toata lumea e in energie.

[1. – sa intelegem despre ce e vorba: http://theenergycollective.com/oshadavidson/40559/study-solar-power-cheaper-nuclear]

CEZ, fruntas pe ramura

Welcome to Fantanele

Welcome to Fantanele

 

Citeam si citesc in fiecare zi articole, relatari si pareri despre mega-proiectul eolian Fantanele, ba chiar mi-a scris un prieten si pe Facebook.

Cam ce gen de articol e cel mai reprezentativ:
http://www.wall-street.ro/articol/Companii/93039/Parcul-eolian-de-1-1-mld-euro-a-CEZ-va-fi-gata-in-2011.html
sau
http://www.qmagazine.ro/articole/5597/western-de-cogealac.html?

Who's Who

Who's Who

 

Dupa parerea mea, avem de retinut ca, in ciuda dificultatilor, CEZ a reusit sa instaleze si sa dea in folosinta peste o suta de turbine dintr-un proiect de 600 de MW, conceput in doua faze: 139 de turbine intr-o prima faza, „Fantanele Est si Vest”, acum completa, si 101 intr-o etapa ulterioara, pe care intentineaza sa o finalizeze la anul.  E drept ca data finalizarii investitiei pentru faza intai a fost decalata cu cateva luni, dar daca ne uitam la anvergura proiectului si la obstacolele de diferite tipuri cu care s-au confruntat, aceasta intarziere pare mai curand motiv de lauda pentru cat e de redusa.

Drept semn de apreciere pentru succesul colegilor de breasla care au contribuit la acest succes, iata o mica galerie de imagini, pentru care le multumesc bunilor nostri parteneri de munca intru dezvoltarea de proiecte eoliene.

–- English version –

CEZ to complete construction of EUR 1.1bn wind park in 2011

Wall Street, 30 Sep 2010, online:-

The Czech energy group CEZ estimates that the construction of its 600 MW wind farm project in Dobrogea region, in Romania, will be completed in 2011. The investment in the project reaches EUR 1.10bn (USD 1.50bn). The company started construction works at Cogealac wind park, with works expected to be completed in 2011, while at Fantanele wind farm there are already 129 turbines in operation. Recently, CEZ announced that the Cogealac wind park was put ‘on hold’ due to misunderstandings in relation to the construction permits.
Link to original article in Romanian

Transelectrica + Wind Energy = Love? ;)

Am participat vinerea tracuta la un „seminar pe teme energetice„, asa cum este citat in ultimele zile in presa, in fel de fel de declaratii in legatura cu subiecte de interes, precum Electra si Hidroenergetica etc.

Uite un subiect care ar fi trebuit sa fie mai prezent pe tapet, intrucat s-a discutat despre investitiile pe care trebuie sa le realizeze EDF in reteaua franceza de transport al energiei electrice (asa cum puteti vedea in prezentarea tinuta de Tristan Bosser de la GDF Suez si de dl. Manea de la Alstom, daca va intereseaza), insa nu s-a discutat mai concret despre planurile Transelectrica de a exporta excesul de energie din Dobrogea, desi a fost prezent dl. Ciprian Diaconu, directorul Diviziei Tehnice din cadrul Transelectrica, un profesionist deosebit de discret, persoana responsabila cu aceste proiecte:

–––––preluare Mediafax–––––-

Transelectrica va investi 250 mil euro în următorii 5-6 ani pentru racordarea eolienelor la reţea

Transelectrica (TEL) va investi, în următorii cinci-şase ani, în zona Dobrogei, aproximativ 250 milioane euro pentru constucţia a opt staţii de transformare şi a liniilor electrice care vor conecta la sistemul naţional o capacitate de până la 4.000 MW instalaţi în centrale eoliene.

„Aceste investiţii vor fi corelate cu planurile investitorilor în centrale eoliene”, a declarat, miercuri, şeful direcţiei de strategie corporativă din companie, Răzvan Purdilă.

Potrivit lui Purdilă, în acest moment există contracte de racordare la sistemul naţional pentru aproximativ 3.600 MW instalaţi în centrale eoliene.

Transelectrica este controlată de stat, prin Ministerul Economiei.

 –– am incheiat citatul ––

Acestea fiind zise, ne bucuram, pentru ca exact de genul asta de atitudine avem nevoie din partea Transelectrica.
Sigur, capacitatea de echilibrare a sistemului cu surse quick-firing este celalalt complement pe care il asteptam, ca sa putem exploata linistiti mai departe un potential energetic disponibil in conditii cel putin rezonabile pe termen mediu si lung, adica sustenabil.

–- short English version –-

Romania: Transelectrica to invest EUR 250mn to connect wind parks

Mediafax, 09 Sep 2010, online:-

In Romania, the state-owned electricity transmission company Transelectrica estimates the investments in the construction of eight transformer stations and electricity lines in Dobrogea region will reach EUR 250mn (USD 318.16mn) in the next five to six years. The transformer stations and the electricity lines will connect the wind farms in the region to the national power grid, with a total capacity of 4,000 MW. Currently, there are power grid connection agreements for wind farms with a capacity of 3,600 MW.
Link to original article in Romanian

Cand operatorii de retea sunt si producatori de energie

Constructia unui parc eolian de 50 MW al Electrica este “blocata” de Enel

Preluat dupa http://energie.businesslive.ro/constructia-unui-parc-eolian-de-50-mw-al-electrica-este-blocata-de-enel/ si http://www.jurnalul.ro/stire-economic/constructia-unui-parc-eolian-al-electrica-este-blocata-de-enel-555757.html. Articol de  Matei Lascu.

Realizarea unui parc eolian de 50 MW al Electrica SA este “blocata” ca urmare a unor solutii “dezavantajoase” de racordare la retea propuse de subsidiara grupului italian Enel din Dobrogea, a declarat marti directorul adjunct pe strategie si afaceri corporatiste din compania de stat, Eugen Bradean, citat de Jurnalul National.

“Parcul de 50 MW este blocat. Avem niste probleme cu operatorul de distributie Enel. Ne sunt propuse niste solutii de la Enel pentru racordare la retea care pe noi ne dezavantajeaza”, a afirmat Bradean la un seminar pe teme de energie.

Potrivit jurnalistilor de la Jurnalul National, unitatile noi de productie a energiei, inclusiv cele eoliene, au nevoie fie de avizul companiilor de transport al energiei, fie de cel al firmelor de distributie, pentru a se conecta la retelele electrice.

In cadrul grupului Enel functioneaza si compania Enel Green Power, un concurent direct al Electrica in realizarea parcului de eoliene.

–– English version ––-

Romania: Electrica acusses Enel of blocking wind farm project

Ziarul Financiar, 28 Sep 2010, online:-

In Romania, the energy company Electrica has announced that the construction of its 50 MW wind farm is blocked by the „disadvantageous” network connection solutions proposed by the Italian group Enel in Dobrogea region. According to the company’s corporate strategy director Eugen Bradean, the solutions proposed by Enel for connection to the national electricity transmission network are unfavourable to Electrica.

–– comentariu windman ––-

no comment.

Renewable Energy Event

Focus pe Energia Regenerabila

Eveniment organizat de Business Review 9 iunie, Hotel Crowne Plaza, Sala Magnolia

Dupa ce in ultimii ani domeniul energiilor regenerabile a fost unul dintre cele mai dinamice, atragand atentia a numerosi investitori, acest sector asteapta clarificari importante in anul 2010, iar Planul National de Actiune in Domeniul Energiilor Regenerabile este asteptat sa fie supus dezbaterii publice la inceputul lunii iunie.

Forumul organizat de Business Review isi propune sa identifice stadiul actual al evolutiei acestui domeniu, sa prilejuiasca o dezbatere asupra strategiei sectoriale, precum si un “business mixer” intre furnizori si beneficiari de servicii specific acestei faze de maturizare a proiectelor, dar si intre potentiali participanti la tranzactii cu astfel de proiecte.

Pentru mai multe informatii, temele propuse si vorbitorii confirmati accesati www.business-review.ro/events

Focus on Renewable Energy

Event organized by Business Review magazine  
June 9, 2010, Crowne Plaza Hotel, Magnolia Room  

Renewable energy has been one of the most dynamic sectors in the local economy in the recent period, attracting the interest of numerous investors. Even though many of the projects announced have been put on hold because of the economic downturn, the sector is expected to pick up once the effects of the crisis wear off.   Business Review is organizing the first event in a series dedicated to the energy sector. The event focuses on “Alternative Energy – Investments in Renewable Energy”.   The Energy event will offer a business perspective on topics related to investing in renewable energy, moving a step further to offer specific insights on the challenges that providers of services and equipments have to face in the Romanian energy sector. The focus of the event is also to introduce the new players that are suitable for the present degree of maturity of wind power projects in Romania. Till now it was only lawyers, accountants, wind measurement experts. Now designers, equipment providers, banks, financial institutions etc. are more fashionable (together, of course with investors capable of erecting such projects). It is time that such players have the chance to introduce themselves to the business community.

For more information please go to www.business-review.ro/events

Enel execută lucrări de modernizare în peste 80 de staţii de transformare din Muntenia, Banat şi Dobrogea

Bursa – 20.04.2010

Compania Enel va efectua lucrări de modernizare în 82 de staţii electrice de transformare din Muntenia, Banat şi Dobrogea, până la sfârşitul acestui an. Valoarea totală a investiţiilor alocate doar pentru modernizarea staţiilor de transformare depăşeşte 55 de milioane de euro şi este suportată integral de Enel, din surse proprii, informează un comunicat remis redacţiei.
     Unul dintre proiectele importante ce vizează procesul de modernizare a staţiilor de transformare constă în introducerea tehnologiei Telecontrol. Această tehnologie permite ca manevrele să poată fi executate de la distanţă, dintr-un centru de comandă, fără a mai fi nevoie de deplasarea echipei de intervenţie în teren.
     „Enel îşi propune ca până la sfârşitul anului 2012, toate staţiile de transformare din Muntenia, Banat şi Dobrogea să fie telecontrolate şi, de asemenea, aproximativ 2000 de posturi de transformare de medie tensiune să fie incluse în telecontrol. În paralel cu lucrările desfăşurate în staţiile electrice de transformare, continuă executarea lucrărilor de modernizare şi schimbare a infrastructurii pe toate nivelurile de tensiune, astfel încât calitatea serviciului de distribuţie să crească semnificativ”, a afirmat Alberto Birga, director general Enel Distribuţie Muntenia, Banat şi Dobrogea. 

English summary: 
In Romania, the energy company Enel plans to carry out modernization works in 82 electricity transformer stations in the regions of Banat, Muntenia and Dobrogea by the end of 2010. The total value of the investment for the modernisation works exceeds EUR 55mn (USD 74.18mn). Following the modernisation, the electricity stations will be equipped with Telecontrol technology which will allow manoeuvres to be executed from long distances without requiring the intervention team’s presence.

Bursa – 20.04.2010

Wind Energy Facts 2009 – the stats are in

The market for new wind turbines was worth $ 63 billion in 2009.

the GWEC, quoted by AP, quoted in Business Week.

The top spenders in 2009 were:
#3: The USA – 9,922MW wind energy new capacity installed in 2009, up 39% from the end of 2008 to a total of over 35,000MW. Wind generated 2% of the electricity generated in the USA in 2009. (AWEA)
#2: The European Union, together – 10,163MW (€13bn), out of which Spain has the largest share last year (2,459MW), followed by Germany; it was the best-ever year for the European wind industry in terms of new capacity added. The EU is still the world leader in the total installed wind energy capacity, amounting 74,767MW; most of it (25,777MW) is operational in Germany, our regional champion. Wind generated 9% of the electricity generated in the EU.

And the Oscar goes to…

#1: China – 12GW installed in 2009, up to 25GW total installed capacity of wind energy plants. Wind generated only 1% of the electricity consumed in China.

158GW of wind energy were operational at the end of 2009, 31% percent up from the end of 2008.

While we’re still waiting for the Romanian authorities to come up with the official data for 2009, the European Wind Energy Association announced that Romania’s contribution to the European record was only 3MW, i.e. less than 0.03% of the total, placing Romania on the 20th position among the 27 states. To conclude about our Romanian 2009 in wind energy: „we had such potential, such promise…” – much ado about nothing.

The status in the Romanian wind energy industry

Reported by Ana Maria Nitoi, from the Diplomat, organizer of an industry-event: http://www.thediplomat.ro/articol.php?id=553

– I will take the liberty of copy-pasting the text here, giving the publication and author full credit, only because articles from the 2008 Green Energy Romania conference have disappeared from the website and it’s a pity –

Wind future held back by legal blockage

A delay for over a year in fixing legislation for renewable energy is holding up hundreds of million of Euros ready to fund wind energy in Romania, so investors are heading south in search of a breath of fresh air

Government failure to pass a law which would regulate and bring cash into the renewable energy sector is holding back investment in the new industry, all major players agreed at a recent ‘Green Energy for Romania’ conference.
Investments of 100 millions of Euro are being postponed until the Government clarifies a stable regulatory framework for renewable energy sources. Unclear legislation prevents financial institutions from funding green energy projects and this blocks the sector from developing. Many potential investors wanting to raise turbines in Romania’s wind-rich eastern counties are now decamping to Bulgaria, Czech Republic and Poland.
The obstacle is Law 220 on renewable energy. The Parliament passed this law in October 2008, but this cannot be applied until secondary legislation is approved by the Government.
The new law clarifies a mandatory quota of so-called ‘green certificates’, that each electricity distributor must purchase from a green energy producer every year. One green certificate represents one MW per hour of electricity generated and delivered to the national grid. The purpose of the scheme is to bring an extra funding mechanism to green energy.
On the surface, the delay is due to a bureaucratic hiccup. One year after the law had been passed, the authorities realised that it cannot be applied until the European Commission certifies that the green certificates support scheme is not state aid. Now authorities are preparing documents to send to the EC on the new law, but it is unlikely that the EC will actively discourage the development of green energy in Romania.
Due to the delay, energy regulator ANRE, the Ministry of Economy and Competition Council are shifting the responsibility between one another’s shoulders for their collective failure to spin the new law into action.
The ‘Green Energy in Romania’ event was organised by ‘The Diplomat – Bucharest’ magazine together with wind and solar projects developer Monsson Group, with partners in law firm Wolf Theiss and wind park developers Continental Wind Partners. Below is a summary of key discussion points.

Dana Duica, executive director, Romanian Association of Wind Energy
“We need to take bigger steps in wind energy development because Romania now has only 12 MW installed power capacity in wind, even though we have a significant potential.”

Radu Popoiu, managing director, PS Wind Management, Continental Wind Partners
“The big picture regarding the development of wind power projects in Romania is hampered by legislative uncertainty, difficulties in finding financing and the technical issues related to access to the power grid.”

Bryan Jardine, managing partner, law firm Wolf Theiss
“The adoption of the renewable energy sources law at the end of last year was an ambitious step forward as part of the harmonisation with the European Commission’s directive on renewable energy sources. The law aims at improving the green certificates system that Romania has chosen, as opposed to a feed-in regime [where electricity utilities must buy renewable electricity at above market prices to off-set high costs of renewable power generation], and to set a target for renewable energy sources to generate a 33 per cent electricity supply by 2010, 35 per cent by 2015 and 38 per cent by 2020. We have to take into account that Romania has a tradition in renewables like hydro power. The law itself was quite progressive. But the law required a secondary legislation to be adopted within 90 days from the moment when it was approved and that did not happen.”

Nadina Stanciu, expert at the office for promoting renewable energy and co-generation, Romania’s Energy Regulator (ANRE)
“There is no good news about the legislation yet. The Competition Council wrote to us and also sent a letter to the Ministry of Economy stating that Law 220 has provisions which could be perceived as state aid. This is why the European Commission should be notified before the law can be applied and, thus, before the secondary legislation can pass. We are working on this notification documentation.”

Dana Duica, the Romanian Association of Wind Energy
“Italy, Poland and the UK have in place a similar green certificates system which operate well. They notified the EC first and the Commission stated that green certificates do not represent state aid.”

Bryan Jardine, Wolf Theiss
“Most investors want to invest in Romania, but they question whether the green certificates system will be maintained. Developers face the risk of building wind farms and not being able to exit their investments, as financing is not available due to uncertainties created by the law. Many investors are tired of waiting and have crossed the Danube to Bulgaria. Romania is losing opportunities for foreign direct investment.”

Anca-Maria Teodorescu, economist, financing department, developer Monsson Alma
“Last year, Law 220 really gave hope regarding good cash flows in investments in wind farms, but since there is no secondary legislation the company is not able to make a clear affirmation about the outcome of such an investment. Now we are selling green certificates on the [Romanian] market. This is only one green certificate per MWh now, but two [as the new law stipulates] would have been great.”

Ciprian Diaconu, advisor to the general director of the transmission grid company Transelectrica
“The secondary legislation should clarify the uncertainties in Law 220. For example, it is not clear who is paying for the connection to the grid: Transelectrica or the developer. These clarifications should be settled fast. Now the electricity demand in Romania has decreased by ten per cent [compared to last year]. The situation in neighbouring countries is even worse. Romania’s electricity export has decreased by 30 to 40 per cent. There is also a lack of clarity on who is in charge in Romania with renewable energy. ANRE is the energy regulator, the Government is responsible for strategy, Transelectrica is responsible for the security of the grid, the distributors are participating with producers to the supply of the customers. But who is responsible in the end?”

Dana Duica, the Romanian Association of Wind Energy
“There are 1,493 MW installed power capacity approved with grid connection contract and 2,401 MW with a grid connection permit. Will there be any room left for others?”

Ciprian Diaconu, Transelectrica
“The grid can absorb another 4,000 MW, but I do not know when this will be possible. Transelectrica has a plan to reinforce and extend the grid. The European average shows that between five and ten per cent of the total cost of the project is related to the connection.”

Bryan Jardine, Wolf Theiss
“The costs with the grid connection can be split. The developer can invest in electricity transmission substations, with the cost being shared with Transelectrica through reduced connection tariffs.”

Alexandru-Valeriu Binig, director financial advisory, consultants Deloitte
“The second dimension of Transelectrica is to be the entity that follows the balancing capabilities in this country [A country needs to balance between different types of energy to guarantee security of supply, such as ensuring a constant flow of energy from coal power is available if the wind is not strong enough to turn the turbines]. Unfortunately the interconnection grid of Romania with its neighbours is not strong enough to bring from abroad the necessary balancing point. Transelectrica cannot influence the balancing capacities in the Romanian power generation sector, which are meant to provide safety to the operation of the entire system. So they look with hope to Petrom’s new investment in a 860 MW gas-fired power plant in Brazi. Transelectrica is thinking how it can delay the penetration of wind power until Romania has technical capabilities to balance it. But the law obliges Transelectrica to give free access to the grid under certain technical conditions. Now that there is not such a strong penetration of wind power generation, this creates a situation of calm until secondary capacities are developed.”

Ciprian Diaconu, Transelectrica
“In the balancing market, except for Petrom’s project which is under construction, all the rest [such as the Tarnita-Lapustesti hydro power plant project] are historical projects that we keep talking about.”

Adrian Muriel Carrasco, international business development manager, Gamesa
“In Spain we have a feed-in tariff which is much more simple [than the green certificates system]. We are looking to invest in Bulgaria which has a feed-in tariff system.”

Alexandru-Valeriu Binig, Deloitte
“The feed-in tariff system in countries such as Germany works in states which have financial resources to promote renewables. Romania has to allocate a relatively limited amount for supporting the renewables, which is why the mandatory quotas and the green certificates help the administration to keep the penetration of the renewables up to a certain level. Otherwise if we open the tap and say we will adopt feed-in tariffs we will really see 20,000 MW of renewables in Romania and the question would be who will pay for the electricity bill?”

Roy A. Maybud, president, Energy Holding
“We are talking about green certificates as if they are dropping from heaven. Green certificates are going to be paid by end consumers. Renewable systems will have to be developed further until they will not be so expensive that they are a burden to the end consumer. Governments should also support this by allocating funds for research.”

Financing held back

Claudia Pendred, director for Romania, the European Bank for Reconstruction and Development (EBRD)
“We are discussing with developers and utility companies about renewable energy, in biomass and wind, and we would be interested in financing these projects. But until we have a clear, stable and transparent regulatory framework, it is difficult for the EBRD and project developers to know what the cash flow of the projects is going to be and, in this case, it is difficult to finance them.”

Cosmin Cadere, business development manager, Mitsubishi Corporation
“We are looking to invest not just in wind power, but in any kind of renewable energy projects, as well as in conventional energy. The economic crisis means our company will focus on investing in innovation and renewable energy sources are a major part of our strategy. In Bulgaria the company has already decided to invest in a 200 MW wind park precisely because they have a more stable legislation [than Romania] and because there is a feed-in tariff system. If Romania had a similar feed-in tariff system we would be glad to jump in. Until then we are rather looking to the Czech Republic and Poland.”

Valentin Cudric, investment director, NBGI Private Equity, the investment management arm of the National Bank of Greece
“We have an investment fund dedicated to the energy sector. We have identified some good wind energy projects in Romania, but we face the same problem. There is so much uncertainty about the law that my colleagues from London, where our head office is, have shifted to Bulgaria where there is a feed-in tariff system in place.”

Projects stumped

Ciprian Glodeanu, senior associate, Wolf Theiss
“We are working with developers for which we have secured several sites with the intention to develop 17 wind farms. One of the projects is in an advanced stage. And the most challenging was the environmental permit. It was very difficult to explain to environmental NGOs and authorities the benefits of the project. I don’t think there will be a flux of investors quite shortly.”

Pal Peter, vice president, EnergoBit
“Our [wind energy] project is in a developed stage and we are going to stop it for now because of the many uncertainties. We are not going to invest as long as the legislation is not finished. EnergoBit also provides electrical components and has a contract with CEZ for its onshore wind farm in Constanta county.”

Dana Duica, the Romanian Association of Wind Energy
“We calculated a developer needs 101 permits to build a wind farm. Romania needs to simplify the administrative procedures. I salute the initiative taken last week in regard to the construction permit which will no longer be issued by local councils but by city halls. This is an example that Romania is at the beginning and is learning from its mistakes.”

Anca-Maria Teodorescu, Monsson Alma
“About two years are needed until all the documents are put together, including the wind studies for the area. Buying or renting the land also requires hard work. I know about a company that wants to build a wind farm and which needed more than 1.5 years to obtain the land-planning permit. It doesn’t depend on the developer, but on the authorities.”

Florin Frunza, head of business development and administration, Power Division, Petrom
“Petrom is interested to diversify into renewable energy, but so far we have not decided yet to invest in any project. We will probably partner with a developer. It would probably be cheaper to buy now a project but we will wait until the situation clarifies.”

Radu Gavrila, director of the wind energy division, Energia Verde
“We are developing about 15 wind projects in Dobrogea and Moldavia. Some local administrations are so small, that they do not even have a land-planning department. Therefore, for them it is difficult to offer that service, especially now when the Government decided to cut costs in the public system by 20 per cent, which in most cases means laying off people. How do we help local authorities to develop their services? We have a park in Tulcea for which we have land-planning permit and we are discussing with engineering companies for the design. In Braila county we have a 100 MW project.”

Event report by
Ana Maria Nitoi

EUROPE: Easterly Wind Picks Up (Inter Press Service)

IPS International, Bucharest – 2009, Aug 24th

EUROPE: Easterly Wind Picks Up
By Claudia Ciobanu

BUCHAREST, Aug 24 (IPS) – The natural conditions in Romania and Bulgaria make these countries some of the best placed in Europe for producing wind energy. Interest in investing in wind power is high in both countries, but legislative ambiguity and the limited capacity of national electricity grids are delaying the building of new wind parks.

Romania has the largest wind potential in south-east Europe, according to a study by Erste Bank last year. Its geographical and climatic conditions could eventually sustain an installed production capacity of 14,000 MW from wind. Even according to more modest estimates, wind power could potentially account for 10 percent of the energy produced in the country.

Bulgaria could have a wind power production capacity of 3,400 MW in a few years, according to the European Bank of Reconstruction and Development (EBRD). Unlike Romania, Bulgaria is at the moment highly dependent on energy imports, taking most of the fossil fuels it uses from Russia.

Apart from fossils and hydropower, Bulgaria is currently making use of a partially obsolete nuclear plant (Kozlodui), and planning to build another such plant in the north (Belene). Wind power could produce as much energy as these nuclear plants.

Southern Romania and northern Bulgaria, as well as areas along the Black Sea coast in both countries have the most favourable conditions for wind energy production. Among the companies interested in investing in wind power in these countries are Italian ENEL, Spanish Ibedrola and the U.S.-based AES Corporation.

Both countries have taken on the European Union (EU) objective of getting 20 percent of energy from renewable sources by 2020. But given that both Romania and Bulgaria have high hydroelectric capacities, the EU target could be achieved on the basis of hydropower, without replacing fossil fuels with renewables.

Even so, EU environmental legislation and the strong interest among foreign investors in exploiting wind power have been putting pressure on national authorities to act on promoting wind energy.

Bulgarian authorities seem to be moving faster, though Romania has more wind power potential.

Around 200 MW of wind farms are already installed in Bulgaria, and another 200 MW is in the pipeline, says Yordan Mihaylov, managing partner at MASS Energy Systems LLC, a company investing in renewable energy parks in Bulgaria and other countries. EBRD noted in a 2008 analysis that „Bulgaria’s advantage, apart from the existing wind potential, is the supportive government with a pro-active regulatory approach.”

„I would say that the Bulgarian legal framework is in a much better position than the Romanian one at the moment,” Mihaylov told IPS. „Currently, the Bulgarian government issues 15 years contracts for 100 percent purchase of the electricity (produced by wind parks) at subsidised rates.”

Most producers are likely to get a high percentage of their production subsidised at high rates, says Mihaylov. „There are still many gaps in the contracts that are issued, but I am happy to say that the government is working on fixing them.”

On the other side of the border in Romania, less than 100 MW production capacity has been installed so far. Applications for projects adding up to 17,000 MW capacity have been filed by investors with the national electricity authority, but barely a fraction of this will materialise.

Some of the proposals are not serious, and so authorities are right to turn them down, says Radu Voinescu, managing partner at Boeru Voinescu Group, a leading wind energy consultancy in Romania.

Another reason for low acceptance of wind park proposals is that the national electricity grid can sustain at most 2000 MW wind power, says Voinescu. Wind power needs special adaptations of the grid to store energy for the times when the wind is not strong enough.

Expanding and adapting the electricity grid will need billions of euros, and political will to support renewables.

Unlike in Bulgaria, in Romania the purchase price for renewable energy has been left mainly to the market, making it tougher for producers to estimate profits and plan for the long term.

„Since 2008, we do have a law promoting renewables, through the use of green certificates and feed-in-tariffs (an incentive structure for renewables which means the state pledges to buy energy from renewables at above- market prices),” Voinescu told IPS. „But the methodological norms for implementing the law do not exist yet, and investors are left with many unanswered questions. Feed-in tariffs are not clarified in the law, so they remain just an option for the future.”

„The Romanian government has chosen to attract mainly big investors,” says Anka Zaion-Cicovski, international development representative of the French renewables company Valorem Energie. „Here, the purchasing tariffs are guaranteed for only one year, thus limiting the possibility for independent green electricity producers to access the market.

„The risk perceived by our financial partners is higher, and this makes project financing more complicated in Romania as compared to other countries such as France or Germany, where the feed-in tariffs are guaranteed for at least 12 years.”

„Our politicians do not seem to be very interested in investing in the expansion of the national electricity grid (to take on more energy from renewables),” adds Radu Voinescu.

„But such an investment in infrastructure is exactly the type of investment that a country must take on in times of economic crisis. Romanian authorities have an obligation to invest in energy infrastructure and in education, without which the country has no future.” (END/2009)

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