You searched for: Content Type Policy Brief Remove constraint Content Type: Policy Brief Political Geography Romania Remove constraint Political Geography: Romania Publication Year within 10 Years Remove constraint Publication Year: within 10 Years Topic Climate Change Remove constraint Topic: Climate Change
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  • Author: Mihnea-George Filip
  • Publication Date: 10-2020
  • Content Type: Policy Brief
  • Institution: Centre for International Environmental Studies, The Graduate Institute (IHEID)
  • Abstract: Mobilizing private investments for the renewable energy transition requires credible policy support over the long-term. This Policy Brief discusses how Romania’s abrupt policy changes and inconsistent policy signals over the last decade have deterred private investments in the renewable energy sector. The example of Romania provides key policy lessons for other countries engaged in the energy transition. Romania has one of the highest renewable energy potentials in Europe (up to 71 GW), which is approximately six times higher than the country’s current renewable deployment (IRENA 2017). As shown in Figure 1, wind and solar PV energy experienced a significant boom between 2009 and 2013 followed by a more or less complete stagnation since 2014.
  • Topic: Climate Change, Environment, Green Technology, Investment, Economic Policy, Renewable Energy, Fossil Fuels
  • Political Geography: Eastern Europe, Romania