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Next year could see first big energy investments. 2010 is for strategies

Next year could see first big energy investments. 2010 is for strategies
29.04.2010, 19:00 15

The energy market has become one of the most effervescenteconomic sectors this year, at least in terms of the large numberof projects that Romania is involved in. However, experts say a bigpart of these projects will remain only on paper in 2010, as well,with next year to be considered one of concrete investments.

"Now we are in the race of revising our energy strategy andseeking to put together a document that will not be changed everyfour years. Our aim is to restructure the energy sector via privatecapital," said Adriean Videanu, Economy Minister at the opening ofthe conference "Can Romania Become an Energy Hub for South-EasternEurope? 2010 - The Year of Major Energy Investments," organised byZiarul Financiar in partnership with Enel, Rompetrol, Peli Filip,CEZ, and KDF Energy.

"2011 is the year when we will truly see big projects. Thegroundwork will be laid this year," said Mihai David, generalmanager of Hidroelectrica, a company that will be divided andabsorbed by the two energy giants the state intends to use as ameans to restructure energy generation, which will start operatingin early July.

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