Renewable Energy in Southeastern Europe - 2010

Countries covered: Romania In 2010 energy generated from renewable energy sources (RES) in Southeastern Europe (SEE) was produced mainly in hydro power plants (HPPs). However, the share of other RES such as wind and solar energy started to gather pace, especially in Romania and Bulgaria.The segment provides substantial opportunities for investors as many HPPs in the region are not operating and need rehabilitation, while the countries' water resources can support additional hydro capacities. In terms of wind and solar resources the SEE region is also attractive for investors with planned investments in wind and solar facilities exceeding EUR 6.4 bln. In Romania the Spanish Iberdrola plans to build the world's largest onshore wind-park by 2017. Most of the SEE countries have introduced feed-in tariffs to promote the construction of RES power plants in order to meet the aims in the EU's Renewables Directive 2009/28/EC, which envisages that 20% of the total energy consumption in the union should be covered by RES. The SEE Renewables report presents data and analyses on the geography factors, the regulatory framework, the supply and demand, major companies and projects as well as forecasts concerning the renewables sector in each SEE country and in the region as a whole.

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In 2010 energy generated from renewable energy sources in Southeastern Europe was produced mainly in hydro power plants (HPPs). However, the share of electricity produced from other renewable sources, such as wind and solar energy, started to gather pace, especially in Romania and Bulgaria.

Almost all HPPs in the SEE countries are operated by the local state-owned power utilities. The segment provides substantial opportunities for investors as many HPPs in the region are not operating and need rehabilitation, while the countries’ water resources can support additional hydro capacities.

The report presents data and analyses on the geographic factors, regulatory framework, supply and demand, major companies and projects as well as forecasts about the renewable sector in all SEE countries.

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