Qualitative Study on the Energy Potential of Romania

The energy sector is an important component in the economy, it contributes to reducing poverty, it improves human welfare and can raise living standards. With reference to the current economic issues and the social and environmental problems we face at international level, interest has risen for the importance of the role of the energy sector in solving these issues. Romania’s energy ecosystem is highly impacted by the EU’s energy policies and directives, which aim to guarantee a secure, sustainable and competitive energy supply. The 2022-2023 energy crisis has brought to attention the vulnerabilities of national and international energy systems and the necessity to search for different alternatives in order to achieve energy security. This paper investigates the potential of Romania’s energy ecosystem to manage a successful transition to green energy and increase its security, through a qualitative study involving representatives from various institutions/companies with reputation in the field. This study contributes to the body of work of academic publications with an elaborated examination of the role that Romania will assume in approaching the energy transition and what measures need to be taken in order for our country to succeed in benefiting from this change and increase the level of energy security.