Who is compass energy solutions?

COMPASS ENERGY SOLUTIONS, one of the nation’s premier energy service companies, provides comprehensive and proven energy infrastructure development, asset management, and efficiency improvements to a wide range of commercial, institutional, state, and local government customers.

What is the energy sector like in Romania?

Romania’s energy sector is key to its evolving economy and security policy. It has a diverse energy mix, including coal, natural gas, nuclear, hydroelectric, and renewable sources. The largest share of electricity production historically came from coal and natural gas, followed by hydroelectric and nuclear power.

Who manages the electricity transmission system in Romania?

The electricity transmission system in Romania and the interconnection system with its neighboring countries is managed and operated by Transelectrica SA company (the Romanian TSO). They also manage the market operation, the grid and market infrastructure development, and the security of the national energy transmission system.

Can storage technologies improve energy security in Romania?

Such enhanced legislation is needed for implementing the Romanian National Energy and Climate Plan (NECP), which lists ‘developing storage capacities’ as an instrument to improve energy security but lacks detail on how storage technologies will be deployed until 2030.

Why does Romania support a long-term perspective of natural gas?

Romania supports a long-term perspective of natural gas in the European Green Pact because it forecasts that this resource will remain an important tool in changing the energy sector and transitioning to a more sustainable and carbon-free economy.

Does Romania need a strategy for energy storage?

Based on the EU context and planning a significant uptake of renewable energy sources in its electricity mix over the following decades, Romania must also develop a strategy for the deployment of energy storage technologies.