1. OWC conducted a zonal appraisal and technical-economic feasibility study for potential offshore wind areas in the Black Sea on behalf of BSOG.
2. The study was commissioned by Romania-based energy company BSOG to evaluate the commercial viability of offshore wind projects in the Romanian sector of the Black Sea.
3. The Romanian government adopted the Offshore Wind Energy Bill in April 2024, expecting to designate wind energy areas and define site concession procedures in early 2025.
Renewable energy consultancy OWC conducted a zonal appraisal and technical-economic feasibility study for potential offshore wind areas in the Black Sea on behalf of Romania-based energy company Black Sea Oil & Gas (BSOG). The study aimed to evaluate the commercial viability of offshore wind projects in the Romanian sector of the Black Sea following the adoption of the Offshore Wind Energy Bill by the Romanian government in April 2024. This bill will play a crucial role in designating wind energy areas and defining site concession procedures, with developments expected to begin in early 2025.
BSOG is exploring the feasibility of potential offshore wind concession areas in conjunction with its existing power export corridor and proposed reception facility. OWC collaborated with Constanta-based energy and marine consultant ABL to provide specialized offshore wind expertise with local market know-how for the study. BSOG’s CEO, Mark Beacom, expressed optimism about the future of offshore wind development in Romania’s Black Sea, aiming to utilize existing infrastructure to realize up to 3GW of development. The World Bank’s draft findings of Romania’s offshore wind roadmap study project a significant increase in offshore wind capacity to 7GW by 2035.