“Romania has to fulfill two compulsory requirements. One of them refers to 2010, when 33% of the country’s electricity supply must come from renewable sources. In this purpose, we will have to estimate the approximate gross electricity consumption for 2010 and then the renewable energy production”, said Sandulescu, stressing that electricity consumption dropped this year, due to the economic crisis.

The second target has to be met by 2020, when the country will have to secure 24% share of energy from renewable sources in gross final consumption.

“We have 1,000 megawatts wind farms under construction and already built units of 2,900 megawatts. Despite the crisis, investments in this field, private investments remained strong”, said Sandulescu.

He stressed that Romania, unlike Bulgaria, didn’t issued any construction permits for wind farms in protected areas.

For 2010, the Ministry of Economy will stick to the template for the renewable energy action plans established by the European Union and will revise energy strategy for energy consumption forecasting in Romania.

On November 9, the caretaker minister of economy, Adriean Videanu, signed several financing contracts for the first 6 of 14 projects approved so far aimed at supporting investments in the modernization and increasing share of electricity from renewable energy.

The six projects worth a total 269 million lei, of which non-returnable financing already approved is around 114 million lei. The recipients are Hidroconstructia, Romelectro, Unicom 3N 2000 SRL, Romconstruct Top SRL, Balkan Hydroenergy SRL and the City Hall of Beius. The aggregate installed power of the projects is 31.557megawatts.