The COVID-19 pandemic has brought a lot of practical and legislative changes. Still, even if the virus complicated the overall environment (to which other factors contributed, such as elections followed by a change of government), Romania remains a place with significant business opportunities.
The first part of July 2021 marks an important step at the level of the EU in its road towards the European Green Deal objectives. On July 14, 2021, the European Commission (EC) announced the rather complex set of reforms under the Fit for 55 package. Only a week before, the EC issued the Renewed Sustainable Finance Strategy setting forth the main steps going forward towards placing ESG-disclosures and sustainability matters at the heart of financing system and economy in the EU.
A recent case brought before a court in Amsterdam has given us the opportunity to call into question the right of access to personal data regulated by art. 15 of the General Data Protection Regulation (GDPR) and in particular certain aspects related to the difficulties that may be caused to a data controller, in certain situations, by the data subjects’ exercising this right.
Well past the imposed transposition deadline (i.e. 31 December 2020), on 29 April 2021, the Ministry of Energy published in transparency the draft law on the transposition into the national legislation of Directive (EU) 2019/944 of the European Parliament and of the Council on common rules for the internal market for electricity and amending Directive 2012/27/EU (the “Draft Law”).
Starting with 1 April 2021, the long-term electricity supply contracts will no longer be as long-term as they used to be. Following the entry into force of ANRE Order No. 26/2021(“Order 26/2021”), the concept of „long term electricity supply contract” was redefined as a „supply contract with a delivery period longer than or equal to one month”, compared to the previous definition which referred to „delivery period longer than one year”.
An increasingly popular option for enjoying a pleasant time is tourism in Romanian rural areas, which has progressively developed in recent years and, although affected by the pandemic, still has considerable development potential. In fact, the COVID-19 crisis is expected to equally have positive effects, including in areas such as this one, when stronger emphasis is placed on an environmentally friendly tourism economy.
As part of the EU strategy to create a Digital Single Market, Directive 2018/1972 of the European Parliament and Council establishing the European Electronic Communications Code (the „EECC” or the „Code” and the „EECC Directive”) was published on December 17th, 2018 and entered into force on December 20th, 2018. The EECC should be considered together with EU Regulation 2018/1971 establishing the Body of European Regulators for Electronic Communications („BEREC”).
In the current context, marked by an ever-increasing impact of climate changes and under the umbrella of EU strategies involving soil protection-related issues (most notably the Soil Protection Strategy and the EU Biodiversity Strategy for 2030 - a core part of the European Green Deal), the Romanian authorities have started to take steps in the direction of acknowledging, by means of a dedicated legal framework and mechanisms, the paramount importance of soil, for the purpose of ultimately supporting a sustainable development of this non-renewable natural resource.
Solar power installed capacity in Romania is currently of almost 1400 MW, representing 6.8 % of the total installed capacity of the country. This capacity was largely installed in the period 2012 - 2016, during the first boom of renewable projects boosted by a generous support scheme. The pipeline of available projects was much bigger.