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Romania: Controversial energy projects removed from PNRR

All the projects awarded directly to some state and private companies were removed from the National Recovery and Resilience Plan (PNRR) and replaced with projects to be financed under a competitive selection of projects, said Romanian Minister of Energy Virgil Popescu.

Minister Popescu explained that the decision was taken after discussions with representatives of the European Commission. Some projects included in PNRR were initially assigned to companies in which the state is the majority owner (Electrica, Nuclearelectrica, Hidroelectrica) or to partnerships between state companies (Romgaz) and the private company GSP Power.

One of such projects is a power plant located in Constanta, on the Black Sea coast, that would burn natural gas in combination with 30 % hydro-gen, generated from wind and solar production capacities that abound in that region of the country. GSP Power, the energy division of Grup Servicii Petroliere, has submitted three projects for which it is requesting public funds. The largest of them is gas-fired power plant with a capacity of 155 MW, a 54 million euros worth project that would be built in the city of Constanta.

 

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