Bogdan Badea, Hidroelectrica: Sustainability can only be achieved with predictability

Sustainability can only be achieved with predictability, according to Bogdan Badea, President of Board of Directors, Hidroelectrica.

“We need predictability regarding the legislation and the harmonization of the regulatory framework components. Much more pragmatism is needed,” he said during the online conference SUSTAINABILITY IN BUSINESS – Practice what you Preach.

“You cannot have a development strategy without ensuring legislative predictability. I do not want to talk about the past, about initiatives that have impacted the functioning of the energy market. We still bear the consequences of GEO 114. Our investment plan was approved yesterday by our shareholders. Green energy investments are needed. I hope that the energy sector in 2030 will largely depend on green energy, our role is to implement these projects, and the authorities need to help us in our efforts.”