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Electric Up will have a minimum budget of 450 mln. lei

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The new Electric UP program officially entered the straight line on Friday, the allocated budget being at least 450 million lei, the program being optimized, and the implementation will be accelerated, announced the Minister of Energy Sebastian Burduja.

The Ministry of Energy published on Friday the Ministerial Order for the approval of the Financing Guide for small and medium-sized enterprises and economic operators active in the HoReCa field for the installation of photovoltaic panel systems for the production of electricity with an installed power between 27 kWp – 150 kWp required own consumption, a storage system for the energy produced to increase the degree of self-consumption, at least one recharging station of at least 22 kW for electric and plug-in hybrid electric vehicles to reduce greenhouse gas emissions in transport, by promoting the infrastructure for non-polluting road transport vehicles in terms of energy, as well as the alternative heating/cooling system to increase the degree of use of energy produced from renewable sources in heating and cooling.

The budget of this edition of the Electric Up program is a minimum of 450 million lei and a maximum of 596 million lei, in the second funding cycle, in accordance with art. 3 paragraph (61) of GEO 159/2020 with subsequent amendments and additions, within the limit of commitment credits approved in the budget of the Ministry of Energy, according to Agerpres.

The registration session will open on October 14, 2024, at 8:00 a.m., with the deadline for submitting projects being December 16, 2024, at 11:59:59 p.m.

“Once I assumed the mandate of the minister, I started institutional reorganization activities to optimize the implementation of the Electric Up program. I completed Cycle I of the Electric Up financing program, by settling a total number of 1,525 files, in a total amount of 479.8 million 100MW in new solar panels and over 3000 recharging points for electric cars. Today, we are officially entering the second cycle of the program and allocating a budget of at least 450 million lei. The implementation will be accelerated Small and medium enterprises and Romanian legal entities that carry out activities in the HoReCa field will reduce their electricity costs, having available for the first time an integrated package: the installation of photovoltaic systems, alternative heating/cooling systems (heat pumps), stations of recharging and storage in batteries. We have substantially improved this program and I strongly believe that in its current form it will contribute to the increase of business competitiveness,” said the Minister of Energy.

He emphasized that the installed power will increase, money will be allocated for storage and funding will be increased to 150,000 euros/beneficiary, compared to 100,000 euros/beneficiary in the previous program.

“Beyond reducing electricity costs for economic operators, by installing recharging stations for electric cars and storage systems, we contribute to the development of the electric transport infrastructure and the stability of the national energy system. We estimate that approximately 3,000 more points will be installed of recharging electric machines and that at least 100 MW of production and 40 MW of electricity storage capacity in prosumer mode will be put into operation,” Burduja also said.

 

 

 

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