Romania Toward a Low Carbon and Climate Resilient Economy

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dc.creatorWorld Bank
dc.date2016-04-14T18:19:16Z
dc.date2016-04-14T18:19:16Z
dc.date2015-12-31
dc.date.accessioned2026-07-01T00:46:47Z
dc.descriptionThis report is about Energy sector in Romania which is responsible for 58 percent of the country’s GHG emissions (except Land use, land-use change and forestry (LULUCF)), and is therefore critical for mitigation. Romania’s economic growth and energy consumption have been decoupling since the early 1990s, and the energy intensity of the economy has been continuously decreasing, but it is still high. At present, Romanian energy supply system is relatively carbon intensive, but share of zero-carbon energy sources is growing. The energy sector analysis and modeling were designed to find the best solutions for Romania’s energy supply mix given the country’s prospective medium- and long-term climate change mitigation obligations. The key findings were as follows: (i) energy efficiency measures will contain energy demand growth; (ii) as a result of the new investments in the energy sector under the Green and the Super Green scenarios, primary energy supply mix will become cleaner. Under the Baseline scenario; (iii) new investments in the electricity sector will lead to a much cleaner electricity supply mix; (iv) total costs for the energy system are lower under the Green scenario then in the Baseline, but the Super Green mitigation targets require an expense equal to the Baseline one; (v) electricity sector GHG emissions in 2050 are 72 percent and 97 percent below the 2005 level under the Green and Super Green scenarios, respectively; (vi) GHG emission from the energy supply system as a whole would be 25 percent and 50 percent below in 2030 from the 2005 level in the Green and Super green scenarios, respectively; and (vii) Marginal Abatement Cost Curve (MACC) shows that the proposed measures provide a significant potential abatement level totaling in 2050. The conclusions and recommendations were as follows: (a) Romania can meet the GHG mitigation obligations likely under the EU 2030 framework in energy and electricity sectors at moderate costs; (b) The prospective requirements of the EU 2050 Roadmap, which requires at least 80 percent reduction in emissions overall and the virtual elimination of emissions from the power sector, are both expensive and challenging to implement; (c) Implementation of a set of aggressive energy efficiency measures is a key part of the Green and the Super Green scenarios; (d) a lower carbon path for Romania’s energy sector imposes significant costs and complex planning challenges on the sector, in particular on power generation; (e) energy sector in Romania has the potential to become an engine of economic growth; (f) while this assessment included a set of generally-agreed technologies at costs based on today’s best analysis, both technologies and costs will surely evolve, and updated analysis will be needed; and (g) while long-term sector development to 2030 and 2050, the subject of this assessment, is important, the government cannot be distracted from critical near-term sector reforms.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2016/03/26048622/romania-toward-low-carbon-climate-resilient-economy-energy-sector-analysis
dc.identifierhttps://hdl.handle.net/10986/24060
dc.identifierhttps://doi.org/10.1596/24060
dc.identifier.urihttp://hdl.handle.net/123456789/410870
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectEMISSION ALLOWANCES
dc.subjectWASTE
dc.subjectJOBS
dc.subjectTOTAL EMISSIONS
dc.subjectENERGY INTENSIVE
dc.subjectSUBSTITUTION
dc.subjectPOWER PLANTS
dc.subjectECONOMIC GROWTH
dc.subjectRENEWABLE RESOURCES
dc.subjectENERGY MARKETS
dc.subjectELECTRICITY SECTOR
dc.subjectFOSSIL FUELS
dc.subjectCARBON
dc.subjectENERGY SYSTEM
dc.subjectPOWER STATIONS
dc.subjectGENERATION
dc.subjectCARBON PATH
dc.subjectDISCOUNT RATE
dc.subjectINTERNATIONAL ENERGY AGENCY
dc.subjectWIND
dc.subjectEMISSIONS
dc.subjectGAS PRICES
dc.subjectPOWER SUPPLY
dc.subjectCOAL PLANTS
dc.subjectEMISSION REDUCTION
dc.subjectGAS
dc.subjectMODELS
dc.subjectEFFICIENCY IMPROVEMENT
dc.subjectCLEANER
dc.subjectMARGINAL ABATEMENT
dc.subjectEMISSION REDUCTIONS
dc.subjectSUPPLY SIDE
dc.subjectHEAT PRODUCTION
dc.subjectPRESENT VALUE
dc.subjectBIOMASS
dc.subjectGENERATION CAPACITY
dc.subjectPRIMARY ENERGY SUPPLY
dc.subjectCO2
dc.subjectPETROLEUM
dc.subjectENERGY POLICIES
dc.subjectPOWER INDUSTRY
dc.subjectHEATING ENERGY
dc.subjectSCENARIOS
dc.subjectOIL
dc.subjectEMISSIONS FROM ELECTRICITY GENERATION
dc.subjectPOWER GENERATION
dc.subjectENERGY DEMAND MODEL
dc.subjectPETROLEUM REFINERIES
dc.subjectENERGY SOURCES
dc.subjectPOWER SECTOR
dc.subjectCAPACITY
dc.subjectGHG
dc.subjectENERGY SUPPLY
dc.subjectENERGY INTENSITY
dc.subjectOPTIONS
dc.subjectSOLID FUELS
dc.subjectENERGY RESOURCES
dc.subjectIMPROVING ENERGY EFFICIENCY
dc.subjectWIND GENERATION
dc.subjectMARKETS
dc.subjectELECTRICITY SUPPLY
dc.subjectEMISSIONS MITIGATION
dc.subjectABSOLUTE LEVEL OF EMISSIONS
dc.subjectTOTAL COSTS
dc.subjectNUCLEAR CAPACITY
dc.subjectENERGY INTENSIVE MANUFACTURING
dc.subjectFUELS
dc.subjectFUEL COSTS
dc.subjectEND-USE
dc.subjectEMISSIONS REDUCTION
dc.subjectABATEMENT COST
dc.subjectCLEAN TECHNOLOGIES
dc.subjectNUCLEAR POWER INDUSTRY
dc.subjectRENEWABLE GENERATION
dc.subjectENERGY CONSUMPTION
dc.subjectEMISSION
dc.subjectCONSUMPTION
dc.subjectENERGY SECURITY
dc.subjectPOWER GENERATION CAPACITY
dc.subjectLEAD
dc.subjectGAS EXTRACTION
dc.subjectCOAL MINING
dc.subjectHEAT
dc.subjectPOLICIES
dc.subjectCLIMATE CHANGE
dc.subjectDEMAND FOR ENERGY
dc.subjectVALUE
dc.subjectPOWER
dc.subjectENERGY EFFICIENCY MEASURES
dc.subjectELECTRICITY
dc.subjectCLIMATE
dc.subjectENERGY SERVICE
dc.subjectDEMAND
dc.subjectGREEN POWER
dc.subjectABATEMENT
dc.subjectSUPPLY COSTS
dc.subjectELECTRICITY GENERATION
dc.subjectFOSSIL FUEL
dc.subjectCLIMATE CHANGE MITIGATION
dc.subjectMARGINAL ABATEMENT COST
dc.subjectCARBON ENERGY
dc.subjectCO
dc.subjectPOLICY
dc.subjectENERGY PRODUCTION
dc.subjectURANIUM
dc.subjectPRIMARY ENERGY
dc.subjectALLOWANCES
dc.subjectENERGY EFFICIENCY
dc.subjectENERGY DEMAND
dc.subjectNATURAL GAS
dc.subjectEMISSIONS FROM FUEL
dc.subjectGAS PLANTS
dc.subjectFUEL COMBUSTION
dc.subjectLEVEL OF EMISSIONS
dc.subjectCOMBUSTION
dc.subjectGENERATION OF ELECTRICITY
dc.subjectEMISSIONS TARGETS
dc.subjectINVESTMENT
dc.subjectNUCLEAR POWER
dc.subjectCOAL
dc.subjectSUPPLY
dc.subjectFUEL
dc.subjectLESS
dc.subjectAVAILABILITY
dc.subjectINVESTMENTS
dc.subjectRENEWABLE SOURCES
dc.subjectEMISSIONS FROM FUEL COMBUSTION
dc.subjectRENEWABLE ENERGY
dc.subjectEMISSION REDUCTION TARGETS
dc.subjectREFINERIES
dc.subjectCARBONIZATION
dc.subjectREDUCTION IN EMISSIONS
dc.subjectFOSSIL
dc.subjectPRICES
dc.subjectBENEFITS
dc.subjectGREEN ENERGY
dc.subjectENERGY
dc.titleRomania Toward a Low Carbon and Climate Resilient Economy
dc.titleEnergy Sector Analysis
dc.typeBrief
dc.typeFiche
dc.typeResumen

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