World Bank2024-10-092024-10-092024-10-09https://hdl.handle.net/10986/42233Globally, offshore wind (OSW) technology delivers large volumes of energy from GW-scale projects at prices competitive with those of new-build conventional generation technologies. Romania already has 3 GW of installed onshore wind capacity and a sufficiently vigorous offshore wind resource that could produce more energy than Romania will ever need. This report highlights the potential for up to 7 GW of OSW capacity, located at least 50 km from shore and mostly in relatively shallow water, that could be constructed from the early 2030s, using Romania’s well-equipped port facilities, steel-based supply chain and other local workers. Although the Black Sea is not as windy as much of the sea area in northern Europe, it is likely that a regional market will establish, with the development of projects in the exclusive economic zones of Bulgaria, Türkiye and Ukraine. The regional and the global OSW markets will offer further opportunities for Romanian suppliers. Environmental impacts are a key consideration, beyond the reduction in carbon dioxide production and water use relative to conventional generation technologies. A key uncertainty in Romania in this regard is around avian migration routes to/from the wetlands of the Danube Delta.en-USCC BY-NC 3.0 IGOENERGY ACCESSWIND POWER LAW AND REGULATIONINDUSTRY LAWS AND REGULATIONSFINANCIAL SECTOR DEVELOPMENTRENEWABLE ENERGYAFFORDABLE AND CLEAN ENERGYSDG 7PEACE, JUSTICE AND STRONG INSTITUTIONSSDG 16ReportWorld Bank10.1596/42233