At the “2024: A defining year for the renewable energy sector in Romania” conference in Bucharest, Mihnea Catuti, Head of Research at the EPG think-tank, stated that Romania is gearing up for substantial hydrogen demand by 2050, necessitating a significant boost in renewable energy production capacity to between 52 GW and 70 GW.
EPG’s five-year evaluation of Romania’s path to emission neutrality reveals scenarios requiring 52-54 GW of green energy capacity, which would escalate to 70 GW if Romania became a hydrogen exporter by 2050. This underlines the nation’s evolving energy landscape.
By 2030, EPG forecasts that Romania will produce 152,000 tonnes of clean hydrogen, which is earmarked for various sectors, including transportation, industry, and emerging industries. The European Commission‘s recent initiatives, including a pilot auction and a goal to produce 10 million tonnes of renewable hydrogen by 2030, align with Romania’s renewable energy ambitions. Despite the considerable investment required—estimated at 335 to 471 billion euros for domestic production and 500 billion euros for imports—public funding aims to jumpstart the hydrogen market and pave the way for sustainable growth.
Source: Energynomics | Energy Policy Group
