The CfD mechanism brings Romania closer to its ambitious long-term decarbonisation targets. Investment in renewable energy is critical for reaching the climate
Romania has committed in its LTS (Romania''s Long-Term Strategy for Reducing Greenhouse Gas Emissions – Neutral Romania in 2050) to an installed wind and solar energy
Romania will reach 4 GW of battery electricity storage capacity by 2030 and over 11 GW by 2050. Still, early adoption may require policy support and some level of grant funding, according to the Country Report on Climate
In recent years, multinational capital investment in Romania''s new energy sector has grown significantly, and is expected to lead 1.2-1.5GW of integrated landscape and storage projects in 2025, as well as promote the
In contrast, the investments outlined in Romania''s National Energy and Climate Plan (NECP) do not ensure a decarbonised energy sector by 2040. The Romanian power sector would emit 9.2 MtCO2 in 2030 (which can
On 25 July 2024, the Bulgarian Ministry of Energy closed the open discussion on the terms and conditions for the upcoming battery energy storage system (BESS) tender,
In 2024, Romania updated its National Energy and Climate Plan (NECP), increasing the renewable energy target to 38.3% by 2030, with solar energy''s target raised from 5 GW to 10
A spokesperson for the electricity transmission system operator (TSO) Terna has revealed huge interest in the energy storage-specific Centralized Allocation Mechanism for Energy Sustainability (MACSE) tender
The European Energy Storage Market Monitor (EMMES) updates the analysis of the European energy storage market (including household storage, industrial storage and pre-metre storage) and forecasts until 2030. The report covers
Latest analysis from SolarPower Europe reveals that, in 2023, Europe installed 17.2 GWh of new battery energy storage systems (BESS); a 94% increase compared to 2022.
Romania on Monday fired the starting gun on its second contract for difference (CfD) tender for renewable energy, looking to allocate 3,472 MW of capacity from solar photovoltaic (PV) and onshore wind.
Finland and Greece are also using the funding pot to support energy storage projects. Romania is currently targetting 30.7% renewable generation in its electricity mix by 2030. The country
Why This Tender Matters for Romania''s Energy Future Let''s cut to the chase: The Bucharest Energy Storage Center Project Tender isn''t just another infrastructure deal. With Romania
Why Romania''s Energy Storage Auction Matters Right Now As Romania races to decarbonize its grid by 2030, the government''s recent announcement about the pumped hydro storage tender
Among the 39 projects is the installation of at least 1,500 MWh of battery storage systems in existing renewable energy plants in Romania. These projects will help
The aim of the scheme is to support investments in battery electricity storage facilities, allowing for a smooth integration of renewable energy coming from wind and solar
Romania''''s energy ministry has re-launched a competitive tender for battery storage projects, seeking to have at least 240MW/480MWh of energy storage facilities up and running by mid
Romania currently has a target of 30.7% renewable generation in its electricity mix by 2030 but it has made promises to up the figure. Energy-Storage.news'' publisher Solar Media will host the eighth annual Energy
In 2024, Romania updated its National Energy and Climate Plan (NECP), increasing the renewable energy target to 38.3% by 2030, with solar energy''s target raised from 5 GW to 10 GW. How do you view these policy changes,
EPG is an independent, non-profit think tank focused on energy and climate policy in Romania and the European Union. Founded in 2014, EPG operates as a policy research institute primarily financed through competitive grants,
In the US, 7.2GW of utility-scale storage projects saw delays last year due to rising battery costs. Image: NextEra Energy Resources. The global energy storage capacity
Projects delayed due to higher-than-expected storage costs are finally coming online in California and the Southwest. Market reforms in Chile''s capacity market could pave the way for larger energy storage additions in Latin
The aim of the scheme is to support investments in battery electricity storage facilities, allowing for a smooth integration of renewable energy coming from wind and solar sources in the Romanian power system. Under the scheme, the aid will take form of a direct grant to projects selected through a competitive bidding process.
Following the positive assessment of the Romanian Recovery and Resilience Plan, the Commission has approved a €103 million Romanian scheme to support the construction of electricity storage facilities.
The BESS market in Romania is heating up, say local analysts and insiders. Irene Mihai, policy officer at the Romanian Photovoltaic Industry Association (RPIA) recently told pv magazine that a realistic target for the utility-scale BESS segment in Romania “would be around 2 GWh (around 1 GW of installed capacity)” for 2030.
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