Supported byClarion Energy
HomeElectricityRomania: Electricity network...

Romania: Electricity network investments in 2020

Last year electricity distribution and transmission companies invested a total of 320 million euros, thus completed over 99 % of the planned amount of investment in electricity networks, according to the National Regulatory Authority for Energy (ANRE). The statement from ANRE said that the investment works mainly focused on modernization and development in order to ensure the operation of electrical networks in conditions of safety, efficiency and reliability in accordance with the approved performance standards.

Electricity transmission system operator Transelectrica forecasted investments of 35 million euros and made 34.6 million (98.8 %). Among the distribution companies, E-Distributie Muntenia estimated 46.8 million euros and achieved 49.1 million (104.8 %), E-Distributie Banat estimated 26 million euros and achieved 22.5 million (86.6 %), while E-Distributie Dobrogea planned 21.5 million euros in investments and achieved 21.9 million (101.9 %).

In the case of Delgaz Grid, the planned level of investment was 31.5 million euros and the one achieved was 29 million (92.2 %). Distributie Energie Oltenia budgeted 39.3 million euros for investments in 2020 and achieved 40.7 million (103.1 %).

Regarding the Electrica group, the level of investments for the Muntenia Nord area was planned at 41.5 million euros, while 41.3 million was achieved (99.5 %). For Transylvania Nord, the plans was 38.2 million euros, while 31.9 million (101.6 %) was achieved, and for Transylvania Sud – 41.5 million euros planned and 41.7 million euros achieved (100.5 %).

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Transelectrica launches €90.4m digital upgrade for Alba Iulia 220/110/20 kV substation

Romanian transmission operator Transelectrica has launched a €90.4 million upgrade of its Alba Iulia 220/110/20 kV substation, excluding VAT. The project is intended as a pilot for broader digitalisation of the national grid. The scope links substation equipment with...

Rezolv financing up to €561 million for 1.3 GW Dama Solar in Romania

Rezolv Energy has secured financing of up to €561 million for its 1.3 GW Dama Solar development in western Romania, enabling the project to move into construction ahead of planned commercial operation in the second half of 2028. The...

Romania’s Romgaz rejects 20-year US LNG contract amid projected losses

Romanian gas producer Romgaz has rejected a proposed 20-year US LNG contract. The company said its assessment pointed to potential annual losses ranging from €50 million to €310 million, depending on US and European gas prices. The offer was put...
Supported byVirtu Energy