With a power score of 2.71, Romania ranks number 2 among Emerging markets and number 1 in Europe.
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Romania has a power score of 2.71, which puts it at rank 2 in the Emerging Markets power ranking. The power score of Romania is higher than the average of 2.35 in Europe.
In the chart above all geographies within the region are arranged by power score from left to right. The circles are sized based on the population.
Romania implements policies in 5/8 categories tracked by Climatescope; Renewable energy target, Auctions/tenders (utility-scale), Support for customer-sited generation (rooftop and self-consumption), Tax incentives, and Renewables mandate/RPS/Supplier Obligation
The average electricity price in Romania has decreased from ~$219/MWh in 2023 to ~$211/MWh in 2024. Since 2019, the average electricity price in Romania has fluctuated between ~$140/MWh in 2019 and ~$338/MWh in 2022.
The top amount of capacity installed in Romania in 2024 was in Hydro at 6.14GW, up from 6.14GW in 2023.
The technology with the largest share of electricity generated in Romania in 2024 was Hydro at 17.26TWh, down from 18.14TWh in 2023.
Investment in clean energy in Romania was around $4.12Bn in 2024. This amounts to an increase of around 41% from $2.93Bn in 2023.
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This is the 14th edition of Climatescope, BloombergNEF’s annual assessment of energy transition opportunities in emerging markets. It highlights how the energy transition is progressing in these markets and how they are harnessing the transition to boost attractiveness to outside investors.
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