Acasă » General Interest » Digitalization » Havrileț: The Ministry of Energy is finalizing the list of draft laws related to the Modernization Fund

Havrileț: The Ministry of Energy is finalizing the list of draft laws related to the Modernization Fund

16 March 2021
Digitalization
Bogdan Tudorache

On the Energy Ministry’s working table is the list of primary and secondary legislation projects for the Modernization Fund, which can reach around 7 billion euros by 2027, said Niculae Havrileț, State Secretary in the Energy Ministry at the conference “Decarbonization: How fast? Where to?”, organized by Energynomics.

“At present, the Ministry of Energy, together with the Ministry of European Funds, in a program supported by the EIB, is drafting three important pieces of law for implementation in the framework of the investments that will come in a few months. We need to transpose the European Directive 401, establish a financing guide and an aid scheme. Work on these elements is undergoing, together with MFF specialists, but also with specialists from NGOs specialized in renewable electricity generation,” he said.

Havrileț says the National Recovery and Resilience Plan has been rewritten and is being drafted; after collaboration with the structures at the ministry of European Funds, it will be available for public debate within days.

Romania has a major opportunity in terms of renewable energy, natural conditions allow the development of onshore and offshore wind and solar parks, he said, quoting the World Bank and EPG reports.

“Transelectrica must make new investments to enable the integration of new renewable projects into the national energy system. A major concern will be that new production capacities, especially from wind sources, will be built in the western part of Romania, where not only there is a good wind, but new technologies also allow wind to be captured at lower speeds than when designing capacities for the south-east area. We have opportunities, there are funds, we need to put in place mechanisms to take over these funds, if possible, with a minimum bureaucratic burden,” Havrileț said.

The Energy Efficiency Department plans other projects, including reducing energy consumption, for the end-consumer too.

“We also presented the new, changed labelling program for household products. This labelling action is very important and it started in Romania on March 1st.”

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.

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