Tag: EU report

  • EU report on energy

    EU report on energy

    The European Commission has recommended
    Romania to reduce subsidies in the energy sector and to increase to at least
    34% its renewable energy target by 2030. The recommendation was published in
    the Commission’s analysis of the draft integrated National Energy and Climate
    Plan of Romania covering the period 2021-2030. The Commission makes several
    recommendations in the aforementioned document. Romania’s set target for 2030
    is 27.9%, and the Commission recommends Romania’s policies should observe the
    European Union’s Directive on energy efficiency.

    Another recommendation is that
    Romania should take steps to reduce both final and primary energy consumption.
    To this end, Romania should propose more ambitious policies and measures that
    would deliver additional energy savings. As regards natural gas, Romania needs
    to specify the measures supporting the energy security objectives on
    diversification and reduction of energy dependency, including relevant
    underlying infrastructure projects and the elimination of the undue
    restrictions to investments in gas production considering the regional
    potential of the reserves in the Black Sea.

    The Commission’s report also states
    that Romania should define forward-looking objectives and targets concerning
    market integration, both by fostering competition within the country and by
    eliminating barriers to cross-border trade, including export restrictions. Additionally,
    Romania should provide a clear outlook to ensure compliance of national
    legislation with Union law with respect to open and liberalized markets, while
    including targeted measures to protect vulnerable customers. Last but not
    least, the European Commission calls on Romania to discuss the needs and
    measures addressing the structural changes entailed by the clean energy
    transition for mono-industrial regions such as those depending on the coal
    industry or other energy-intensive sectors.

    The Commission has published its
    evaluation of draft plans for member states, including Romania, with a view to
    collectively achieving the Energy Union objectives, and in particular, the
    Union’s 2030 targets for energy and climate action. The good news is that
    Member States have now six months to fulfill their own national targets. The
    purpose of the Commission’s recommendations is to help Member States finalize
    their plans and implement them effectively over the coming years. This should
    provide transparency and predictability of national policies and measures in
    order to ensure investment certainty. The recommendations will also help Member
    States plan their funding for the upcoming 2021-2027 multiannual financial
    framework.

    (Translated by V.Palcu)