Romania could almost be said to be set for success in the EU’s race to a net-zero economy by 2050. Due to several changes in the structure of the economy following the post 1990 transition, Romania has had massive drops in emissions, being the 4 Member State reducing its emissions the fastest against 1990 in the EU2, although it is not on a predictable and sustainable trajectory to net zero by 2050 yet.

However, Romania is the country in the South East European or Central East European space with some of the best enabling conditions for the energy transition : a diverse energy mix of which almost 50% of it is already greenhouse gas emissions free, the largest onshore wind farm in the EU and huge RES potential.

Romania continues to be one of the lignite intensive countries in the EU, and despite its lower share of coal in the mix than the rest of region, the required investment for its energy transition are not to be underestimated.