We continue to present the 2024 Energynomics Awards nominees of the year, with the “Outstanding development” section, a category supported by Pomega Energy Storage Technologies. The Outstanding development Award honors projects and initiatives with a major impact on the Romanian energy sector. This year’s nine nominees demonstrate innovation, leadership and essential contributions in various areas of the energy industry. Only one of them will be honoured at the Gala on 4 December, but all of them deserve our respect. We thank all the companies and personalities who have been involved in this endeavour to shape the image of the Romanian energy industry in 2024 through its achievements!
ELCEN – Funding to modernise Bucharest’s CETs
ELCEN has secured 362 million euros in funding to modernise the Sud, Progresu and Grozăvești thermoelectric power plants. The projects will reduce carbon emissions and energy costs, ensuring the continuity of hot water and heating in Bucharest. These investments support national energy security and Romania’s alignment with European sustainability objectives.
EnergoBit – Launch of MOD24DS range and expansion of local production capacities
EnergoBit has distinguished itself with the launch of the MOD24DS range, the first range of medium voltage switchgear without SF6 in Romania, in compliance with European regulations. With a turnover of over 100 million euros and contracts worth 1 billion euros for projects to be finalised by 2026, EnergoBit is consolidating its leading position in the field of energy solutions. The investment in a fourth production unit, to be inaugurated in 2025, underlines the company’s commitment to innovation and sustainability “made in Romania”.
Enexus Renewables – The hybrid project Cojani
Enexus Renewables has delivered the first hybrid project in Romania, combining a 20.24 MW photovoltaic power plant and 3 MWh of energy storage in Cojani, Gorj County. The project, realised with €3 million in funding from the PNRR, was completed in just six months. It demonstrates the effective collaboration between the Enexus team and Saves Energy, providing a reference model for integrated renewable and storage solutions.
Hidroelectrica – Vidraru modernisation
Hidroelectrica has awarded a 188 million euros contract to upgrade the Vidraru hydropower plant, a complex project including state-of-the-art technologies. The plant, with a capacity of 220 MW, will be modernised to improve the efficiency and stability of the national power grid. The project emphasises Hidroelectrica’s commitment to sustainability and energy security, being an essential pillar for the national electricity system.
Lisscom – Bosch Rexroth factory automation, Slovenia
Lisscom has realised a complete automation system for the Bosch Rexroth factory in Slovenia, using solutions entirely developed in Romania. The project includes 21 electrical panels, 400 sensors and a SCADA system for building management, reducing energy consumption by 57%. This success positions Lisscom as a reliable international partner and promotes Romanian know-how in energy efficiency projects.
Nuclearelectrica – Major advances in nuclear projects
Nuclearelectrica made significant progress in 2024, including the signing of the agreement for the provision of Project Management Organisation (PMO) services for the preparation and implementation of the project for the refurbishment of Unit 1 of the Cernavodă Nuclear Power Plant, with an approximate value of 240 million euros, the construction of Units 3 and 4 and the advancement of the SMR project at Doicești. At the same time, the company initiated the construction of Europe’s first debris removal plant, contributing to environmental protection and to positioning Romania as a centre for the fuel of the future – tritium.
OMV Petrom – Neptune Deep project
The Neptun Deep project, with an estimated investment of 4 billion euros, will turn Romania into the EU’s biggest natural gas producer. In 2024, work began on the offshore platform and support structure. With an estimated production of 100 billion cubic metres, the project supports energy security and Romania’s transition to a more sustainable economy.
OX2 – Green Breeze deal
OX2 has finalised one of the biggest deals of 2024, selling the 99 MW Green Breeze 99 MW wind project to Nala Renewables for 214 million euros. The wind farm will produce 312 GWh annually, equivalent to the consumption of 51,000 households, and reduce CO₂ emissions by 150,000 tonnes. The transaction includes a 12-year PPA, reinforcing the project’s sustainability standards.
YEO Technology – Expanding its portfolio in Romania
YEO Technology has accelerated the development of its renewables portfolio, adding 550 MW in solar and wind projects. Achievements include an 18 MW photovoltaic plant in Craiova and the integration of a 10 MWh storage system. With a target of 1 GW in renewables and BESS by 2030, YEO is taking an active role in achieving Romania’s energy goals.