2020

Ten Priority Areas for Romania Post COVID-19 Recovery: A Focus on Energy and Climate Policy

The post COVID-19 economic recovery represents a unique opportunity for setting Romania on a path of sustainable economic growth and for ensuring its competitiveness in a future decarbonised EU economy.

Falling behind the pack? Romania’s lack of ambition in non-ETS sectors may undermine the prospects for reaching the European Green Deal objectives

This policy brief argues that Romania’s lack of ambitiousness, especially in sectors that are not part of the Emissions Trading System, such as transport, buildings and agriculture, may both undermine the country’s ability to reach climate neutrality by 2050 and could put the Romanian economy at a comparative disadvantage compared to early movers.

Energy System Integration and the Role of Hydrogen

The sudden interest for hydrogen in Romania is lacking though a robust foundation in policy analysis and planning, having been fueled almost entirely by the momentum that the topic has received at EU and international levels.

Accelerated lignite exit in Bulgaria, Romania and Greece

All three countries can phase out lignite without implications for the security of supply, with only a few hard coal power plants remaining in the system – the study finds. The difficulties lie in job losses and an increase in end-user prices, which are both politically sensitive consequences of the phase-out.

The utilizes` payment postponement for three months may be a good idea but with high failure chances

Although sanctioned in the press as a populist and anti-economic measure, the draft law on deferral of payment to utilities for three months, is based on a correct idea of social protection.

The Impact of the COVID-19 Crisis on the European Green Deal: A Focus on Romania and Southeast Europe

The dip in carbon prices, also a result of lower energy demand, shows the adversarial impact that the coronavirus crisis can have on the European Green Deal. In Romania, a drop in energy prices threatens further investments in the sector, while potentially ill-conceived governmental interventions risk creating lasting and unforeseen imbalances

The day the oil markets crashed – again. Is this time different?

The global oil industry will continue to be battered by the constraints of climate policies, divestment and lowering returns. True, a depressed oil price environment disincentivizes investment in renewable energy sources, electromobility and, alas, energy efficiency – a lesson well learned in the aftermath of the 2014 oil industry downturn.

Oil markets in 2020: fundamental drivers and geopolitical uncertainties

The fundamental market drivers are pointing at a balanced oil market in 2020, with a Brent price mostly within the $60-70 a barrel – unless, that is, a massive escalation of the geopolitical tensions occurs, following the targeted killing of Iranian general Soleimani, causing large and indeterminate oil supply disruption.

Renewable energy and the conundrum of the Romanian irrigation system

Some say statistics lie and this is sometimes true. However, oftentimes statistical figures are so striking that underlying facts become obvious. At the European level, the irrigation systems differ a lot by technology, but also in terms of irrigable and irrigated areas. According to 2013 data provided by Eurostat, there are important discrepancies between member states.
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