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Bucharest
December 4, 2020
BUSINESS

Romania remains attractive for investments in renewable energy

Romania remains one of the most attractive markets of the world for renewable energies, according to the new ‘Country Attractiveness Indices’ report, released yesterday by Ernst & Young. The index calculated by Ernst & Young for the last three months place Romania ahead of Poland and Ireland – with which it was on equal terms regarding wind energy in February. Moreover, Romania is near countries like Spain, Sweden, Australia and Japan.The general index, which includes the aggregate score for all types of renewable energy – wind, solar, geothermal and biomass – further ranks Romania among the top 15 countries at global scale in terms of market attractiveness for the development of energy projects in these fields. According to the latest data made public, the producers of electricity from renewable sources already started earning important sums from the Romanian state, for the power deliveries they made in the first four months of the year. A list of biggest producers includes CEZ, Enel, and Energias de Portugal.The Ernst & Young report reveals a surprising evolution for Japan, which advances three positions in the classification and ranks 10th, following major investments in wind energy projects.The Ernst & Young makes a quarterly analysis of the world’s most attractive 40 countries in terms of renewable energy, infrastructure and compatibility with individual technologies.

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