Market Size of Romania Power Industry
| Study Period | 2020-2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 19.02 gigawatt |
| Market Volume (2029) | 25.04 gigawatt |
| CAGR (2024 - 2029) | 5.66 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Romania Power Market Analysis
The Romania Power Market size is estimated at 19.02 gigawatt in 2024, and is expected to reach 25.04 gigawatt by 2029, growing at a CAGR of 5.66% during the forecast period (2024-2029).
- Over the medium period, factors such as the growing demand for renewable energy, upcoming investments in the energy sector, and supportive renewable energy policies drive the market's growth.
- On the other hand, the high initial investment cost, long investment return period on projects, and limited natural resources are expected to restrain the Romanian power market during the forecast period.
- Nevertheless, the Romanian government announced plans to invest over EUR 22.6 billion (USD 26.7 billion) in the power sector between 2020-2030. This is expected to create immense opportunities for the Romanian power market in the future.
