Green Forum • 4 April, 2024 at 9:30 AM
Romania will have the capacity and all the resources to transition rapidly to renewable energy and become a 100% green country. In the next five years, Romania could surpass Spain or Portugal in terms of green energy production, according to Kilowat, one of the leading providers of photovoltaic systems in the country.
The company suggests two simple and efficient solutions for Romania's transition to green energy, which could result in price reductions of over 60%, freeing Romanians from energy bill concerns and achieving energy independence.
Romania currently has the highest energy prices at 69 euros/MWh. In comparison, energy prices in Spain and Portugal are extremely low, reaching 1 euro/MWh. The low energy costs in Western countries stem from significant investments in green energy production sources. However, through intelligent investments in green infrastructure and innovative technologies, Romania can reduce its dependence on traditional and more expensive, polluting energy sources.
According to energy experts at Kilowatt, the success of transitioning and implementing renewable energy on a large scale depends on harmonizing and alternating renewable energy sources, as well as encouraging household and industrial consumers to adapt to the current situation where energy sources are diversified.
Harmonizing energy sources involves utilizing and alternating renewable energy from three sources: solar panels, wind systems, and hydro systems. While the first two operate strictly during certain periods, the hydro system can be easily switched on and off according to needs.
Additionally, transitioning to green energy can be supported by adjusting consumer behaviors - both household and industrial consumers need to be encouraged to adapt to the new reality, Kilowat representatives emphasize. While transitioning to a liberalized energy market and implementing new green energy production sources bring major changes to the market for people, apart from the fantastic price increases two years ago and their subsequent leveling off, all these changes go almost unnoticed.
Furthermore, while there are concerns in the market about a potential energy surplus, there are still households in Romania not connected to the electricity grid. Therefore, Kilowat representatives emphasize the need for Romania to find a balance between managing energy surplus and ensuring universal access to electricity. By implementing intelligent energy policies and strategies, energy efficiency and sustainable resource utilization can be supported while ensuring that every Romanian citizen has access to adequate energy services.
As long as Romania does not accelerate the transition to green energy in this increasingly unstable economic-political context, Romanians, both individuals and legal entities, will continue to feel the increasingly high costs of energy and turn to photovoltaic systems, which could reduce these costs by up to 6 times.
Demand for installing photovoltaic systems will remain at least the same in 2024 compared to last year, with increased interest from Romanians with homes in rural areas, where there is a strong trend toward green energy transition.