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Black Sea Oil & Gas (BSOG), an energy company in Romania, has announced the completion of an offshore wind feasibility study of potential developments in the Black Sea region of Romania. This zonal appraisal and technical-economic feasibility study has been done by OWC, a renewable energy company.
In the same location as natural gas extraction was started in the Midia perimeter in Romania's shallow Black Sea waters, BSOG and its partners(Petro Ventures Resources and Gas Plus Dacia) are interested in developing a 3GW OWF (MGD Project). Plans were disclosed by BSOG and its Midia Gas Development (MGD) partners to link up to 3 GW of offshore wind to the national grid using the existing MGD infrastructure.
To establish the first offshore wind project by 2032, Romania plans to identify offshore wind energy zones and establish tender procedures by the middle of 2025, following the new law.
CEO of BSOG Mark Beacom stated: "We are happy to be collaborating with OWC to more thoroughly evaluate the technical potential and economic viability of offshore wind development in Romania's Black Sea, as well as the capacity to utilise our existing Midia Gas Development (MGD) energy corridor and our existing MGD lands for reception facilities to realise up to 3GW of development for Romania."
"We hope this is just the beginning of Romania's promising future in offshore wind development," stated Alan Smith, director of OWC Delivery.
This would be the first power corridor authorised in the Romanian Black Sea, with a planned capacity of 3 GW and a length of 126 km, according to a statement made by BSOG last year. It also stated that it anticipated the regulatory procedures to be finished by mid-2024.
Up to 7 GW of offshore wind power could be developed in Romania by 2035, according to the World Bank's draft conclusions of the country's offshore wind roadmap study, which was presented in February 2024.
The Offshore Wind Energy Bill, which intends to specify site concession procedures in early 2025 and designate wind energy zones, was accepted by the Romanian government in April of 2024. The Romanian Ministry of Energy will begin a study to evaluate offshore wind potential, grid capacity, potential Maritime Spatial Planning limits, and to gather information on concession award procedures now that offshore wind law has been adopted.
Read more about the Midia Green Energy Project here- https://www.blackseaog.com/midia-green-energy-2/
