Romania

Index rank 56

Energy Sustainability Index Rankings

 2010  2011  2012  Trend
Energy Performance  35  39  50 
Energy Security  28  46  36 
Social Equity  44  43  42 
Environmental Impact Mitigation  50  36  80 
       
Contextual Performance  59  55  61 
Political Strength  48  46  45 
Societal Strength  45  45  45 
Economic Strength  84  79  84 
       
Overall Rank  41  42  56 
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Fossil Fuel Resources

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Key Metrics

Industrial sector (% of GDP) 32.9
TPEP / TPEC  (net energy importer) 0.78
Emission intensity (kg CO2 per USD) 1.36
Energy affordability (USD per kWh) 0.11
GDP / capita (PPP, USD); GDP Group 11,904 (C)
Energy intensity (million BTU per USD) 0.02
CO2 emissions (metric tons) / capita) 3.75
Population Access to Electricity (%) 100.0
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Index Commentary

Romania declines in the Index by 14 places to rank 56. Energy security improved due to reductions in energy consumption; those improvements were only partly offset by the decrease in the wholesale margin on gasoline and in the oil reserve stocks. Due to a weak and further decreasing quality of air and water, Romania underperforms in mitigating its environmental footprint compared to other countries with similar levels of energy intensity per capita. The substantial drop during the last year makes this dimension Romania’s weakest one (rank 80). Romania’s weak economic situation further deteriorates (rank 84) due to lower credit availability and a slower improvement in macroeconomic stability when compared to other countries. Weakest indicator in this dimension is the high cost of living as proportion of household consumption expenditure. Romania shows a stable performance in social equity, political and social strength.

Trends and Outlook

The most recent energy policy development which is expected to positively influence the country’s energy sustainability balance is the revision of Romania’s renewable energy law which will offer differentiated, and potentially lucrative, green certificate (GC) packages across all renewable technologies. However, the implementation of the law has been postponed since 2008 and the delay has resulted in uncertainty of returns for investors already implementing projects and has discouraged potential new investors from entering the market. Key issues for policymakers to focus on include: 1) integration of renewable energy sources; 2) energy infrastructure development, especially in the electricity transmission and distribution grid; 3) market integration at regional and European level; and 4) increasing environmental impact mitigation efforts.