CSG-Renewable_Topolog_RomaniaPDD_EN
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developing the local economy. The proposed Project Activity will contribute to sustainable<br />
development in the following ways:<br />
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Reduce the exploitation of fossil fuels by supplying renewable energy to improve the existing<br />
energy consumption model which relies on fossil fuels; also, it will improve energy security;<br />
Reduce the emissions of pollutants associated with the operation of fossil fuel thermal power<br />
plants, including SO 2 , NO x and dust in the baseline/business-as-usual scenario, thus<br />
improving the local environment;<br />
Reduce GHG emissions compared to the baseline/business-as-usual scenario;<br />
Facilitate the commercialisation of grid-connected solar power technologies and markets;<br />
Promote local economic development by creating local employment opportunities;<br />
It contributes to reaching the Romanian target for energy production from renewable<br />
sources.<br />
With the development of the proposed Project Activity, there will be a real and measurable<br />
contribution to the sustainable development of Romania in the following aspects:<br />
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The Project Activity is in compliance with all national and local environmental initiatives:<br />
o<br />
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The project activity supports the objectives from Local Agenda 21 –sustainable<br />
development plan of Tulcea County. (Plan’s object: gaining new investments for the<br />
exploring the renewable energy sources);<br />
The Project Activity is in compliance with all quality requirements established in the<br />
Law 23/2014 for approving OUG 57/2013 concerning changing and completing the<br />
Law no 220/2008 for establishing the promotion of the system for producing energy<br />
from renewable energy resources.;<br />
The proposed Project Activity will produce renewable energy at a production price<br />
that is independent from worldwide market fluctuations and risks of fossil fuels;<br />
Having an operative, affordable, reliable and financially stable national energy<br />
production matrix is essential for any economic development in any country. Based<br />
on a reliable national energy generation matrix, stable supply and affordable energy<br />
prices, companies can feel more confident and secure with regards to their<br />
investments, especially in the production or energy-intensive sectors.<br />
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