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Romania: Electrica secures €3.4 million EU grant for 70MWh battery storage project

DNO and IPP Electrica has secured €3.4 million (US$3.8 million) in EU grants for a battery energy storage system (BESS) project in Romania, boasting a capacity of approximately 70MWh. This funding comes from Romania’s share of the EU’s National Recovery and Resilience Plan (PNRR), which received a €103 million budget approval from the EU last March. The project, set to be built in Fantanele, Mures County, will include the BESS and related grid infrastructure.

The system will have an energy storage capacity of 69.93MWh and connect to Romania’s National Energy System (SEN). The total project value is estimated at €21.8 million, with the PNRR funding covering 20% of that amount, translating to a capital expenditure of US$346,714 per MWh. While Electrica has not disclosed the BESS technology provider or the project’s expected online date, CEO Alexandru Chirita highlighted its advantages, such as flexibility and network stability, crucial for integrating renewable energy sources. Currently, the largest operational project in Romania is a 24MWh BESS by IPP Monsson, while a 204MW system from Electric Spot is planned for commissioning in 2028.

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