Key Insights

The Romanian wind energy market, while currently exhibiting moderate size, is poised for significant growth driven by supportive government policies aimed at increasing renewable energy adoption and achieving EU climate targets. A 4.35% CAGR suggests a steady expansion, although the exact market size in 2025 (and preceding years) is not provided. However, considering the presence of established players like CEZ Romania and EDP – Energias de Portugal, alongside international giants like Siemens Gamesa Renewable Energy, it's reasonable to estimate the 2025 market value to be in the range of €200-300 million, given similar-sized markets in neighboring countries with comparable renewable energy development. This growth is fueled by increasing electricity demand, falling wind turbine costs, and a growing focus on energy independence. The market segmentation, with onshore and offshore wind components, reveals the potential for both established and emerging technologies to contribute to the country's renewable energy mix. Offshore wind, while currently less developed, presents a substantial future growth opportunity due to Romania's extensive Black Sea coastline.

However, challenges remain. Constraints on grid infrastructure development could hinder project deployment and limit the market's full potential. Permitting processes, land acquisition complexities, and regulatory hurdles can also impact the pace of investment and project completion. Despite these constraints, the long-term outlook for the Romanian wind energy market remains positive, with substantial growth potential over the forecast period (2025-2033). The presence of both domestic and international players indicates a competitive but dynamic market environment, suggesting further expansion and opportunities for innovative technologies and business models within the sector. Strategic partnerships and investments in grid modernization are key to unlocking the sector's full economic and environmental benefits.

Romania Wind Energy Market Report: 2019-2033 Forecast

This comprehensive report provides an in-depth analysis of the Romania wind energy market, offering valuable insights for industry professionals, investors, and policymakers. The study covers the period 2019-2033, with a base year of 2025 and a forecast period of 2025-2033. Discover key market trends, growth drivers, challenges, and opportunities within the Romanian wind energy sector, including both onshore and offshore segments. The report leverages data from 2019-2024 and predicts market size and trends through 2033.

Romania Wind Energy Market Structure & Innovation Trends

The Romanian wind energy market exhibits a moderately concentrated structure, with key players such as CEZ Romania, EDP - Energias de Portugal, Siemens Gamesa Renewable Energy SA, Nero Renwables NV, Verbund AG, and Enel Green Power SpA holding significant market share. However, the market is also characterized by the presence of numerous smaller independent power producers (IPPs). Exact market share for each company is unavailable, but a 4-6 company analysis shows significant concentration within the top players. The market is driven by increasing government support for renewable energy, favorable regulatory frameworks promoting wind power development, and declining technology costs. Innovation is primarily focused on enhancing turbine efficiency, improving grid integration technologies, and exploring offshore wind farm development potential in the Black Sea. Recent M&A activity has been moderate, with deal values ranging from xx Million to xx Million, reflecting ongoing consolidation and strategic partnerships.

Romania Wind Energy Market Market Dynamics & Trends

The Romanian wind energy market is experiencing robust growth, driven by several factors. The country’s ambitious renewable energy targets necessitate significant investment in wind energy capacity. Technological advancements, such as the development of larger and more efficient turbines, contribute to cost reductions and improved energy yields. Growing environmental awareness among consumers further fuels demand for cleaner energy sources. Competitive dynamics are characterized by intense rivalry among established players and the emergence of new entrants, leading to innovations in project development and financing. The Compound Annual Growth Rate (CAGR) during the forecast period (2025-2033) is estimated to be xx%, with market penetration predicted to reach xx% by 2033.

Dominant Regions & Segments in Romania Wind Energy Market

While precise data on regional dominance is unavailable, the onshore wind segment currently holds the largest market share due to existing infrastructure and lower initial investment costs compared to offshore. Key drivers for onshore wind’s dominance include:

• Favorable wind resources: Romania possesses significant onshore wind resources across various regions.
• Government incentives: Subsidies and feed-in tariffs for onshore wind projects incentivize development.
• Established supply chains: Existing infrastructure and logistics networks streamline project development.
• Reduced Permitting Timelines: Onshore wind projects often encounter comparatively faster permitting processes than Offshore.

Offshore wind is poised for substantial growth, with the government actively pursuing its development through auctions and regulatory frameworks. The anticipated growth is expected to be rapid, driven by the vast untapped wind resources in the Black Sea and government support through a Contract for Difference (CfD) scheme for 3GW of capacity. The development of offshore wind farms presents opportunities for foreign direct investment (FDI) and technology transfer, but substantial investments in grid infrastructure and specialized equipment are required.

Romania Wind Energy Market Product Innovations

Recent product innovations include the deployment of larger capacity onshore wind turbines, enhancing energy output and reducing the levelized cost of energy (LCOE). Furthermore, technological advancements in blade design, smart grids, and digitalization are streamlining operations and optimizing energy generation. These advancements are improving market fit by addressing concerns related to land use, grid stability, and operational efficiency.

Report Scope & Segmentation Analysis

This report segments the Romanian wind energy market based on product type:

Onshore Wind: The onshore wind segment constitutes a significant portion of the market, driven by existing infrastructure and lower initial investments. Growth is expected to remain steady, albeit at a slower pace than offshore wind, in the forecast period. Competitive dynamics remain highly active, with both established players and new entrants vying for market share. Estimated market size in 2025 is xx Million.

Offshore Wind: The offshore wind segment is poised for exponential growth, driven by government support and abundant offshore resources in the Black Sea. Significant investment in grid infrastructure and specialized equipment is anticipated. The market size in 2025 is estimated to be xx Million, with projections for substantial growth by 2033.

Key Drivers of Romania Wind Energy Market Growth

Key growth drivers include ambitious national renewable energy targets, the declining cost of wind energy technologies, government support through subsidies and feed-in tariffs, and increasing public awareness of environmental sustainability. The government's commitment to auctioning offshore wind capacity under a CfD scheme is a pivotal factor in accelerating market growth. Favorable wind resource potential further contributes to the market’s expansion.

Challenges in the Romania Wind Energy Market Sector

Challenges include grid infrastructure limitations, potentially hindering the integration of newly installed wind capacity. Permitting processes, while improving, can still pose delays and uncertainties for project development. Supply chain constraints, particularly for specialized components and equipment, can also impact project timelines and costs. Further, competition from other renewable energy sources and fossil fuels may exert some pressure on market growth.

Emerging Opportunities in Romania Wind Energy Market

Emerging opportunities encompass the development of offshore wind farms in the Black Sea, presenting significant potential for long-term growth. Further expansion into hybrid projects, combining wind and solar power, could lead to optimized energy production. The increasing integration of smart grid technologies and energy storage solutions offer scope for greater efficiency and grid stability.

Leading Players in the Romania Wind Energy Market Market

• CEZ Romania
• EDP - Energias de Portugal (EDP)
• Siemens Gamesa Renewable Energy SA (Siemens Gamesa)
• Nero Renwables NV
• Verbund AG (Verbund)
• Enel Green Power SpA (Enel Green Power)

Key Developments in Romania Wind Energy Market Industry

• July 2023: The Ministry of Energy launched a consultation on draft legislation for Romania's first offshore wind farms in the Black Sea, targeting completion by 2027-2028. A 3GW offshore wind auction under a CfD scheme was proposed.
• May 2023: OX2 partnered with Bilfinger Tebodin for initial engineering of an onshore wind farm in Galati.

Future Outlook for Romania Wind Energy Market Market

The Romanian wind energy market is poised for significant expansion, driven by supportive government policies, abundant wind resources, and technological advancements. The development of offshore wind projects will be a key growth accelerator. Strategic partnerships and investments in grid infrastructure will be crucial for realizing the market's full potential. The market is projected to see substantial growth in capacity and installed power in the years to come.

Romania Wind Energy Market Segmentation

• 1. Onshore
• 2. Offshore

Romania Wind Energy Market Segmentation By Geography

• 1. Romania