Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Seventy Romanian and foreign companies displaying at Renexpo 2010

Renexpo South East Europe 2010, the 3rd edition of the Renexpo trade fair, the largest trade convention of renewable energy and energy efficiency in construction and refurbishment works in Romania, opened on Wednesday at the Palace Hall in Bucharest. Displaying are 70 companies from Romania and abroad, with 30 percent of the exhibitors being foreign companies.

The organisers, German group REECO, says the 70 exhibitors from 13 European countries, are showcasing their most recent projects services and products over 2,000 square metres for three days, November 24 through November 26.

This year's edition of Renexpo also includes five international conferences and a workshop that are expected to be attended by more than 500 specialists in wind power, sun power, bioenergy, energy efficiency, small water power and smart grids.

As a member state of the European Union, Romania has adhered to the policy package on energy and climate, one of the main EU programmes in the province of renewable energy, which aim is to cut greenhouse gas emissions by 20 percent by 2020 compared with 1990 and increase to 20 percent the weight of renewable energy sources in final consumption by 2020.

Romania has thus to generate 24 percent of its total electricity output from renewable sources in ten years.

As far as water power generation is concerned, statistics indicate that Romania is currently ranked 38th in the world in terms of consumption of such energy and the first in South-Eastern Europe, with a total usable water power capacity estimated at 36,000 GW a year.

With a capacity of 14,000 MW, Romania also has the largest potential of win energy in South-East Europe, but only 14 MW are so far harnessed.

In terms of sun power, because it is located in an area with a huge solar potential - 201 sunny days a year - Romania could generate an annual energy stream of between 1,000kWh per square metre a year and 1,300 kWh per square metre a year, according to specialist estimates.

Romania's target for the weight of renewable energy sources in total output in 2010 is set at 11 percent, while the biomass energy potential weight is put at 19 percent.

More