Large energy projects that ended another year "just on paper" carried over in 2011

Autor: Roxana Petrescu 03.01.2011

The year that has just ended was supposed to play a major role for Romania's energy industry, with huge projects and major reshuffle ideas being launched. Unfortunately, all the plans are still on paper, so that 2011 is practically an extension for the projects scheduled for completion or that were underway in 2010.
Though the two energy giants, Electra and Hidroenergetica were due to become operational in mid-2010, the tens of lawsuits filed against the move to reshuffle the national energy generation system put the project off. Another major project delayed for this year are the two 4bn-euro reactors of Cernavodă. Another postponed project, which is now taking small steps, though, is the one of the over 1bn-euro station of Tarniţa-Lăpuşteşti.
In the area of projects worth billions of euros, but in the field of natural gas, 2011 is likely to be a crucial year for Nabucco, the only interconnection project likely to cut Europe's dependence on Russian gas.
Besides these projects where the state plays a major role, one of this year's certainties is related to further investments in wind farms.