Romania energy report
This analysis includes a comprehensive Romania energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2019 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
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Institutions & Energy Policy
The energy sector falls under the responsibility of the Ministry of Economy, Energy, and Business Environment.
ANRE, the Romanian National Energy Regulatory Authority, regulates the electricity and gas sectors. Since 2010, it is also in charge of energy efficiency policies.
According to Transgaz, gas consumption should increase by only 0.3%/year between 2020 and 2030. Domestic production should increase between 2020 and 2025 thanks to new gas projects coming on stream in the Black Sea, but should decline afterwards.
Gas production has remained roughly stable at around 10-11 bcm since 2010 (11 bcm in 2019). It declined by 21% between 2000 (14 bcm) and 2010.
Imports doubled in 2019to 3.2 bcm, after a surge from 0.2 bcm in 2015 to 1.6 cm in 2018. They had collapsed between a peak in 2006 (6 bcm) and 2015, due to cheaper domestic production.
Electricity prices have been increasing regularly since 2009, by 3.4%/year for households (+3.4% in 2019 to €13.5c/kWh) and by 2.2%/year for industry (+16% in 2019 alone to €12.5c/kWh). Residential prices are much lower than the EU average (-38%), whereas industrial prices are in line with the EU average.
Energy consumption per capita is about 1.7 toe (2019), which is 43% below the EU average, and electricity consumption amounts to 2 550 kWh/cap (54% below the EU average).
Total energy consumption has increased slightly since 2014 (+1.3%/year), reaching 34 Mtoe in 2019; it had declined sharply between 2006 and 2014 (-2.9%/year).
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Issues & Prospects
Romania is facing a decline in production because of the lack of investments in installations, despite the increase of hydrocarbon reserves (in particular in gas). To boost its production, the country is increasingly opening up to foreign companies. Romania is a net energy importer (net imports covered 31% of its total consumption in 2019) and the Government aims to reverse that dependence.
- GENERAL OVERVIEW
- INSTITUTIONS AND ENERGY POLICY
- ENERGY COMPANIES
- ENERGY SUPPLY
- ENERGY PRICES
- ENERGY CONSUMPTION
- ISSUES AND PROSPECTS
- DATA TABLES
Below is a list of the Romania energy market report graphs:
- GRAPH 1: CO2-energy emissions (MtCO2)
- GRAPH 2: Installed electric capacity by source (2019, %)
- GRAPH 3: Gross power production by source (TWh)
- GRAPH 4: Power generation by source (2019, %)
- GRAPH 5: Gasoline & diesel prices (€/l)
- GRAPH 6: Electricity prices for industry and households (€c/kWh)
- GRAPH 7: Gas prices for industry and households (€c/kWh GCV)
- GRAPH 8: Consumption trends by energy source (Mtoe)
- GRAPH 9: Total consumption market share by energy (2019, %)
- GRAPH 10: Final consumption market share by sector (2019, %)
- GRAPH 11: Oil consumption (Mt)
- GRAPH 12: Oil consumption breakdown by sector (2019, %)
- GRAPH 13: Electricity consumption (TWh)
- GRAPH 14: Electricity consumption breakdown by sector (2019 %)
- GRAPH 15: Natural gas consumption (bcm)
- GRAPH 16: Gas consumption breakdown by sector (2019, %)
- GRAPH 17: Lignite consumption (Mt)
- GRAPH 18: Lignite consumption breakdown by sector (2019, %)
In the Romania energy market report you will find the following tables:
- Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
- Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source
- Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
- Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
- Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, gas plant projects by status and operator and LNG contracts.
The Romania energy market data since 1990 and up to 2019 is included in the Excel file accompanying the Romania country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- Romania Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Romania energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).
The Romania country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
- New capacities: Current power mix, installed capacity at date, capacity under construction and under development.
- Power Sector Performances: Historical data on installed capacity, power generation, thermal power plants inputs, average thermal power plant efficiency, CO2 emissions of the power sector, carbon factor of the power sector.
Projections Data (Excel Sheet)
The Romania country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.
Data included in the excelsheet:
- Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
- Power: Electricity generation & capacities, by technology.
- CO2: Total CO2 emissions.
- Macro-economy: Main macro-economic assumptions.
- Key indicators: Energy intensity, share of renewables, CO2 emissions per capita and per unit of GDP.
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