Supported byClarion Energy
HomeSEE Energy NewsRomania: Electricity generation...

Romania: Electricity generation investment plans at Alro

Alro is aluminium producer and the largest electricity consumer in Romania and its consumption profile is mainly band-type (constant through the day). Last year, the company consumed 3.22 TWh of electricity (a decrease compared to 2019), worth some 330 million euros.

Alro, the largest electricity consumer in the country, said that it plans to invest in the construction of gas-fired power plant in Slatina, cogeneration power plant in Tulcea and several solar and wind based electricity generation facilities.

This comes a week after the company announced that it would have to procure about 30 % of its electricity needs on the spot market because several suppliers have terminated long-term supply contracts with Alro.

According to the company, the gas-fired plant should be commissioned by 2025, while RES projects are even further along – the deadline is 2030. Besides, the company also plans to sign new, long-term (up to 15 years) electricity supply contracts with reputable suppliers.

 

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