Renewable energy consultancy OWC has concluded a zonal appraisal and technical-economic feasibility study for potential offshore wind areas in the Black Sea.
The study was commissioned by Romania-based energy company Black Sea Oil & Gas (BSOG).
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OWC conducted technical-economic studies on behalf of its client to evaluate the commercial viability of offshore wind projects in the Romanian sector of the Black Sea.
In April 2024, the Romanian government adopted the Offshore Wind Energy Bill, which will play a crucial role in designating wind energy areas and defining site concession procedures, expected to commence in early 2025.
BSOG is currently examining the feasibility of potential offshore wind concession areas, alongside its existing power export corridor and proposed reception facility.
OWC received assistance completing the project from the Constanta-based energy and marine consultant ABL, a sister company.
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By GlobalDataOWC delivery director Alan Smith stated: “Together with ABL we were able to provide OWC’s specialised offshore wind expertise with local market know-how, to provide the most relevant support to the client.
“We hope this is just the beginning of Romania’s promising future in offshore wind development.”
BSOG CEO Mark Beacom stated: “We are pleased to be working with OWC to more fully assess the technical potential and commercial viability of offshore wind development in Romania’s Black Sea and the ability 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.”
The World Bank presented the draft findings of Romania’s offshore wind roadmap study in February 2024, projecting 7GW of offshore wind capacity by 2035.
