The authorities are preparing two new calls for 500 million euros each for renewable energy projects for prosumer SMEs and independent producers, and new calls for contracts for difference (CfD) will be launched next year, said Dan Dragan, secretary of state in the Ministry of Energy.
“Romania has committed itself to the goal of becoming climate neutral by 2050. Based on this objective, we have a long-term strategy in the environmental assessment that foresees a target of 36.2% renewable energy sources in the total economy,” he said, at the conference “2024: A defining year for the renewable energy sector in Romania”.
By 2030, the authorities hope to have at least 10 GW of renewable energy units installed in Romania to replace coal-fired units.
At the same time, the offshore law could be voted in the current parliamentary session, and aims to install 3 GW of wind turbines.
The hydrogen strategy could be adopted this year and foresees allocations of 115 million euros by 2026. In addition, 80 million euros are available for the battery energy storage sector.
For the gap contracting sector, the authorities have a tender ready this year to finance three billion euros of 1.5 GW of photovoltaic capacity and wind projects of similar power.
A second such tender will be carried out next year for identical capacities.
In addition, contracts worth 500 million euros have been signed with Transelectrica and 1.3 billion euros with distributors to reinforce the energy transmission and distribution networks.
“All these instruments will lead to the achievement of our targets, i.e. decarbonisation and the installation of new energy production units,” said Dragan.
The conference “2024: A defining year for the renewable energy sector in Romania” was organized by Energynomics with the support of our partners: ADC, Alive Capital, CRC Energy, Elektra Renewable Support, EnergoPower, Ensys, Extro, Horváth, ING Bank, LONGi Solar, Monsson Operation, Nofar Energy, OX2 România, Photomate, PNE Romania, Polytrade Global, REI Grup, Renomia, Sph3ra Management Solutions, Transelectrica, WALDEVAR Energy, Wiren Romania. On this occasion, Energynomics launched its first report under the initiative “Monitor of the Romanian Photovoltaic Projects”.