Supported byClarion Energy
HomeElectricityRomania, More than...

Romania, More than 10,000 MW of new capacity will be connected to the network by 2031

State Secretary at the Romanian Ministry of Energy Dan Dragan said that more than 10,000 MW of new capacity will be connected to the network by 2031.

Dragan said that, through the National Recovery and Resilience Plan (PNRR) only, almost 7 GW of capacity will be connected to the network. The PNRR will work in parallel with the contracts for difference that are currently being developed to reach the 10 GW mark until 2031.

He noted that the funds for these investments are already available, while the signing of the contract and the start of these investments will follow. The Ministry is already in the signing phase for new high-efficiency cogeneration capacities for district heating services, followed by green hydrogen, and then the signing of contracts for new production capacities from renewable sources. He said that over 3 billion euros available for these projects.

In mid-2022, consultancy firm REI, a total of 668 submissions for wind and solar projects, with a combined installed capacity of 3.5 GW, were made for financing under the PNRR.

According to the PNRR, for the installation of solar power plants companies could request grants worth between 425,000 and 750,000 euros per MW. For wind farms, interested companies could request non-reimbursable support of up to 1.3 million euros per MW.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Rompetrol Rafinare boosts Petromidia storage capacity amid refinery upgrade

Rompetrol Rafinare is expanding storage capacity at its Petromidia refinery as part of a programme aimed at improving the flexibility and reliability of crude oil and fuel logistics. The company’s works include changes to tank capacity and refurbishment across...

Romania emergency Danube measures for cooling-water supply at Cernavoda

Three-stage plan tied to intake basin water level Romania has approved an emergency intervention plan aimed at maintaining cooling-water supplies for the Cernavoda nuclear power plant amid exceptionally low Danube levels. The measures would be triggered if the water level...

Romania becomes Southeast Europe’s battery-financing laboratory

Romania is moving beyond announcing battery projects and beginning to demonstrate how large-scale storage can actually be financed. August produced some of the clearest evidence yet. Econergy’s Părău 2 project secured a financing package of approximately €229 million from six banks and financial institutions. The...
Supported byVirtu Energy