Romania: EIB invests 30...

The European Investment Bank (EIB) is allocating up to 30 million euros to...

Montenegro: EPCG announces tender...

Montenegrin state-owned power utility EPCG has launched a tender for the procurement of...

Bosnia and Herzegovina: HPP...

As part of the ongoing construction of the Dabar hydropower plant, planned work...

Bosnia and Herzegovina: FBiH...

The Government of the Federation of Bosnia and Herzegovina (FBiH) has proposed a...
Supported byClarion Energy banner
HomeSEE Energy NewsRomania, Investments of...

Romania, Investments of 1.62 billion euros in energy sector

The National Recovery and Resilience Plan (PNRR) provides for an allocation of 1.62 billion euros with the implementation period until August 2026.

Romanian Ministry of Energy has published the state aid scheme and the specific guide for investments in new renewable energy production capacities, the renewable gas distribution infrastructure (use of natural gas in combination with green hydrogen as a transitional measure), as well as green hydrogen production capacities and/or its use for electricity storage, and flexible and highly efficient gas production capacities for cogeneration of electricity and heat (CHP) in district heating.

Romanian Minister of Energy Virgil Popescu said that the current energy crisis has shown that the long-term solution lies in serious investments in the energy sector. Financial resources exist, which are also included in the PNRR. Romania will launch several calls for projects in order to access funds in the amount of 1.62 billion euros. Namely, at the end of March, the Ministry will launch several calls for projects for investments in new electricity generation capacities from renewable sources, for the development of flexible and high-efficiency gas production capacities, for the cogeneration of electricity and heat (CHP) in district heating. He added that he is confident that these funds will be accessed and that the Romanian would have new electricity generation capacities starting in 2024.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: EIB invests 30 million euros in Pestera II wind farm to boost renewable energy and energy security

The European Investment Bank (EIB) is allocating up to 30 million euros to support a major wind energy project in Romania, reinforcing the country’s transition to renewable energy and bolstering its energy independence. This investment will help develop a...

Montenegro: EPCG announces tender for solar panels in Kapino Polje L1 power plant expansion

Montenegrin state-owned power utility EPCG has launched a tender for the procurement of solar panels for the Kapino Polje L1 solar power plant near Nikšić. The project involves the acquisition of 8,625 photovoltaic modules, each with a capacity of...

Bosnia and Herzegovina: HPP Dabar construction advances with 66 million euros planned for 2025 and strong power output for RS

As part of the ongoing construction of the Dabar hydropower plant, planned work for this year is valued at 66 million euros. Danilo Ilic, the director of the project company, explained that current activities include construction on the power...
Supported bySEE Mining News
error: Content is protected !!