The Ministry of Energy intends to create a National Energy Efficiency Investment Fund, which will be an economic-financial instrument intended to support and prioritize projects aimed at increasing energy efficiency and reducing greenhouse gases.
“We are in discussions to promote the Energy Efficiency Investment Fund, which will have to be an incentive for efficiency. We have already put [the initial form of the document – in RO] in public debate and we are waiting for interventions and suggestions from the business environment in the development of this fund. We have already identified some sources of financing”, said Matei Dimitriu, from the Directorate for Energy Efficiency in the Ministry of Energy.
The fund will be used to support and achieve the objectives assumed by the National Integrated Plan in the field of Energy and Climate Change 2021-2030.
The Fund’s revenues will be made up of the annual budget allocation at the level of the Ministry of Energy, a share of 0.1% of the annual gross value of the revenues generated by economic operators that annually consume an amount of energy of more than 1,000 tons of oil equivalent, from the fines collected following the application sanctions on energy efficiency.
Another source of income for this fund will be the unspent amounts from the approved budget regarding the financing of SMEs and the HORECA field for the installation of photovoltaic panel systems, as well as 22 kW recharging stations for electric and plug-in hybrid electric vehicles , through the ELECTRIC UP program.
“The main interest is in the industry and through the reports on energy consumption from the town hall we somehow also go towards the area of communities”, explained Dimitriu.
The conference was organized by Energynomics and SmartiCity with the support of partners ABB, Bosch, EximBank, Geminox, Kawasaki Gas Turbine Europe, LAPP Romania, Novotrol, Phoenix Contact, REI Group, UP Romania, Wiren.
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Throughout the event, Novotrol representatives answered participants’ questions. Novotrol is Baker Hughes Group’s channel partner for the Turbomachinery and Process Solutions (T.P.S.) and Flow & Process Technologies (F.&P.T.) divisions for Romania. “Our story started in 1996 with F.&P.T. Masoneilan Control Valves and Consolidated Safety Valves division. 27 years later we are still with F&P.T. but also with the Nuovo Pignone division from T.P.S. and with Thermodyn, thus offering more complete and complex solutions such as gas turbines and compressors”, told us Andrei Paraschiv, Sale Engineer Novotrol.