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Romania allocates 150 million euros for energy storage battery projects

The Ministry of Energy in Romania has announced plans to allocate an additional 150 million euros for energy storage battery projects, as part of a new public consultation initiative. This funding aims to support investments in energy storage systems powered by renewable sources such as solar, wind, and hydro energy, designed to operate independently.

The allocation will follow a competitive bidding process, with the sole evaluation criterion being the value of requested state aid per MWh. The consultations will remain open until 17 February 2025.

Energy Minister Sebastian Burduja emphasized that the government’s focus is firmly on investment in the energy sector. He highlighted that every new investment project and additional megawatt in the national energy system brings Romania closer to achieving lower energy costs for both individuals and businesses. He also stressed that these initiatives contribute to the country’s goal of energy independence, reducing reliance on imports, and establishing Romania as a leading energy producer in Europe. Additionally, he pointed out the importance of energy storage for Romania’s energy system, which he described as a top priority.

The Ministry has already made significant steps toward this goal, having signed contracts for storage capacities funded through the National Recovery and Resilience Plan (PNRR) with 80 million euros, launched a call for “behind the meter” batteries for existing solar and wind farms (150 million euros from the Modernization Fund), and is now preparing a 150 million euros tender for standalone storage systems to help balance the national electricity grid.

The total budget for this state aid scheme, funded by the Modernization Fund, is 150 million euros in non-repayable grants.

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