Rezolv Energy, one of the most important investors in renewable energy projects in Romania, a company owned by the British fund Actis, has launched an initiative to inform industrial consumers in Romania about securing energy purchase prices in the long term. The project includes online and offline meetings with top industry experts to share best practices and case studies on signing PPA (Power Purchase Agreement) contracts. The series of events is called “Power Brunches” and has already managed to form a community of over 100 energy and procurement specialists.
The liberalization of energy prices starting with April 1, 2025 and the new ESG norms for companies are two of the most important issues that Romanian companies will face in the medium and long term. Strategic and financial decisions will depend largely on the information they have regarding price developments. In this context, Rezolv Energy has launched a series of local events, in which international experts present the most important aspects of the transition to zero emissions for companies in Romania. This initiative will continue by creating a community of experts to constantly communicate and come up with a series of proposals related to the conclusion of PPA-type contracts and best practices in the field.
The series of events entitled “Power Brunch” has reached its fourth edition and brought together in Bucharest representatives of companies from the fields of metallurgy, food industry and construction, who exposed the challenges they expect in 2025. The three questions that industry professionals consider the most important are: “what is the status of Romania’s accession to the AIB (Association of Issuing Bodies)?”, “what will be the evolution of energy prices after April 1, 2025?” and “what are the advantages and disadvantages of concluding a PPA and purchasing energy through classic instruments?.”
These questions were answered by Rezolv Energy representatives, Matej Kruspan – CCO, Milan Kamaryt, PPA Originator and Andreea Marinescu, KAM, together with Corina Melchor Senior Clean Energy Advisor at Trio Advisory and Viorel Beltechi, Vice President of PATRES and VP Therme Group.
“A PPA brings benefits to both the developer and the client, a unique contract, which on the one hand helps the developer to secure a renewable energy project and on the other hand helps the consumer to set the price of electricity. This PPA is a beneficial tool for those companies that have clear sustainability objectives, aim to reduce their carbon footprint, but, very importantly, aim to sign a long-term energy contract that offers predictability. In the markets of Europe and the United States, this instrument is well established and used for over 10 years. The Romanian market is emerging, and the main challenges are related to the alignment of price expectations, legislation, reluctance to commit to a long-term contract and lack of negotiation experience. An experienced consultant can support the assessment of the risk of energy price volatility and recommend measures to mitigate this risk”, said Corina Melchor, Senior Clean Energy Advisor at Trio Advisory.
According to the Trio representative, the main factors influencing the closing price of a PPA are legislative predictability, the trading of guarantees of origin, both on the domestic and cross-border markets, as well as operating costs, namely the impact of imbalances in the final price of energy.
“For Rezolv Energy, Romania represents an important geo-strategic point in renewable energy investments, with 1050 MW under development in two wind projects, Vifor and Dunărea, and 1044 MW in the largest solar project in Arad. A large part of the energy produced will be traded through PPAs, Rezolv having secured 5 contracts of this type with energy produced by the Vifor wind farm to date. Romania and Bulgaria remain in the focus of the company, which will continue to invest locally and offer a 360 approach to energy contracting services. The company’s global presence, along with the support of the group it is part of, gives us the essential attributes for a dynamic development on the Romanian market, thus contributing to other projects, such as educational ones”, said Matej Kruspan, CCO of Rezolv Energy.