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Vestas: Huge perspectives on Romania’s energy market

Publicat la 02.10.2008, 21:00:00

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Vestas: Huge perspectives on Romania’s energy market

 “Perspectives on Romania’s energy market are huge, because many significant projects are being developed,” he told Business Standard.

In the coming five years, the area with the highest potential for wind energy is the Black Sea coast.

However, the growth rate of the wind energy production market is limited, because there is no long-term perspective for tariffs. “In three to four years we could see problems related to electricity transportation network access,” Thomas added.

Vestas has a strong expansion plan for Eastern Europe, including Romania. The company already has a local subsidiary, Vestas CEU Romania SRL.

Vestas’s competitors worldwide are General Electric and Siemens.

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