Europe: Brent oil and...

Brent oil futures for the Front Month on the ICE market recorded their...

Europe: Electricity demand rises...

In the second week of June, electricity demand rose in most major European...

Record solar growth and...

During the week of June 9, solar photovoltaic energy production increased across most...

Montenegro advances renewable energy...

By the end of this year, the Gvozd wind farm, with a capacity...
Supported byClarion Energy
HomeSEE Energy NewsRomania: Electrica secures...

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.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Brent oil and TTF gas prices surge amid Middle East tensions and supply concerns

Brent oil futures for the Front Month on the ICE market recorded their lowest weekly settlement price at $66.87 per barrel on Tuesday, June 10. For most sessions during the second week of June, settlement prices stayed below $70...

Europe: Electricity demand rises in most markets amid rising temperatures in early June 2025

In the second week of June, electricity demand rose in most major European markets compared to the previous week. Italy experienced the largest increase at 12%, driven by a rebound in demand following the Republic Day holiday on June...

Record solar growth and mixed wind trends mark early June in European energy markets

During the week of June 9, solar photovoltaic energy production increased across most major European markets compared to the previous week. Germany saw the largest growth with a 41% rise, followed by France with a 38% increase. Italy’s production...
Supported byVirtu Energy
error: Content is protected !!