Romania has significant oil and gas reserves, substantial coal deposits and it has substantial hydroelectric power installed. However, Romania imports oil and gas from Russia and other first world countries,(it mainly imports from the EU). To ease this dependency Romania seeks to use nuclear power as an alternative to electricity generation.

So far, the country has two nuclear reactors, located at Cernavodă, accounting for about 18–20% of the country's electricity production, with the second one online in 2007. Nuclear waste is stored on site at reprocessing facilities.

Today Romania is   “paradise” for renewable energy investors.