The Black Sea region has a huge energy potential, both on-shore and off-shore, in terms of natural gas proved reserves and renewable energy. Located at the eastern border of the European Union, it promises the diversification of convenient energy sources for the European energy market. Specifically for Romania, the 2nd largest natural gas producer in the EU

the Black Sea developments are of strategic importance and could expand the country’s mix of energy resources and regional relevance.

Focusing on the renewable offshore potential, according to a report from the World Bank, the total technical capacity of offshore wind in the Black Sea is assessed at 435 GW (fixed 269 GW, floating 166 GW). Specifically for Romania, the estimates reach a total potential of 76 GW (fixed 22 GW, floating 54 GW). 

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