Supported byClarion Energy
HomeSEE Energy NewsRomania: Draft of...

Romania: Draft of new law on offshore wind farms provides subsidies

Subsidies for offshore wind farms will be provided in the maximal amount of 25 euros/MWh of produced electricity, according to the draft of a new law on offshore wind farms.

However, the draft stipulates that the total purchase price of electricity, which comprises of a premium and a market price, may not exceed 60 euros/MWh. Also, if the market price of electricity is exceeding 35 euros/MWh, the premium is reduced accordingly.

In addition to the premium, a compensation for balancing costs, amounting to 20 euros/MWh, for 20 years from the connection to the network will be added. Thus, for 20 years a project could receive, theoretically, 45 euros/MWh of produced electricity.

 

 

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The project is located in Arad county and is part of a broader development programme that...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged outages at Cernavoda, which have lowered electricity sales and required purchases of replacement power. Revised...

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision follows a period in which international fuel-market prices have risen faster than domestic pump prices....
Supported byVirtu Energy