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In respect to the installed capacity of hydropower, according to the statistics presented by theRomanian competent authority, in 2010, the total value was of 6.413 MW, of which 387 MWcorresponded to the micro hydroelectric with a capacity of maximum 10 MW.6. Future plansThe economic and social long term development requires a well-balanced energy policy, whichmust have the following objectives:• economic stability and security when supplying from the international market inconditions of price incertitude, because of the continues growth of the energy demand;• environmental protection – by introducing new technologies for the production andconsumption of energy with low impact upon the environment and for the reduction ofthe climate changes;• well-functioning of the internal market on which the electric energy and the naturalgases are traded, guarantee for the regional and European market’s transparency nondiscriminatory;• development and production of new technologies for electric energy and environmentalprotection. Thus, the energy sector shall contribute to at the general wellbeing;• improvement of the entire production line – transport – energy consume by means ofnew and more efficient informatics and communication technologies. This technologiesoffer the potential for a structural transition to the processes and services that imply alow resources consumption and to a more efficient and intelligent distribution.Regarding the targets established, for 2010, 33 % of gross electricity consumption should havebeen from renewable energy resources, according to the Directive 2001/77/EC (amended by2006/108/EC). However, because 2010 was a very productive year, this target was not onlyachieved but exceeded, the percent accomplished being of approximately 35.In respect to the Romania’s strategy, the national targets imply for 33 % of gross electricityconsumption in 2010, 35 % of gross electricity consumption in 2015 and respectively 38 % ofgross electricity consumption in 2020 to be made from renewable energy resources. Inconsideration of the above, it is estimated that the targets established for 2015 and 2020 willalso be exceeded.IX. COMPLIANCE IN BUSINESS ETHICS AND ANTICORRUPTIONRomanian legislation does not regulate in any way the compliance program and consequently,the general rules existing at an international level become applicable.This type of program involves two major components:• The verification regarding the compliance with the Romanian regulations of the norms,contracts, rules and procedures existing within a foreign company that has a branchoffice in Romania19