Market Size of Romania Wind Energy Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 3.33 gigawatt |
| Market Volume (2029) | 4.12 gigawatt |
| CAGR (2024 - 2029) | 4.35 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Romania Wind Energy Market Analysis
The Romania Wind Energy Market size in terms of installed base is expected to grow from 3.33 gigawatt in 2024 to 4.12 gigawatt by 2029, at a CAGR of 4.35% during the forecast period (2024-2029).
- Over the medium term, the wind energy market in Romania is expected to be driven by favorable government programs and the country's strong wind energy potential during the forecast period.
- On the other hand, the increasing adoption of alternative renewable energy sources such as solar energy is expected to hinder the Romanian wind energy market during the forecast period.
- Nevertheless, the Romanian Ministry of Energy is enforcing new laws on offshore wind energy and help investors build it up. This is expected to create significant opportunities for the market in the forthcoming years.
