Will Romania re-launch a battery energy storage tender?
On 8 February, the Ministry of Energy of Romania announced the re-launch of its tender for battery energy storage projects and investments in the manufacturing sector for the production of energy storage equipment and solar panels.
What is Romania's most important energy project?
Earlier this month, Burduja reported progress on what he terms as “the most important project for the Romanian energy system” – the 1 GW Tarnița-Lăpuștești pumped storage hydropower plant. Romania resumed the development of the project last year, upping the planned capacity from 500 MW to 1 GW.
How much will Romania spend on a battery energy storage project?
To achieve this goal, the Romanian government will conduct both tenders through competitive bidding. A total of €79.6 million is allocated for the battery energy storage project. €199 million will be spent on related manufacturing capacity. Of this amount, €149.25 million will be used for new cell production, assembly and recycling facilities.
How will Romania grow its energy storage fleet?
Romania aims to exponentially grow its energy storage fleet over the next couple of years, as it works on its plan to deliver 36% of the nation’s energy to come from renewables by , with 8.3 GW of solar and 7.6 GW of wind, and phase out coal by .
Why should Romania Invest in energy storage batteries and photovoltaics?
If Romania can gain an advantage in the energy storage battery and photovoltaic industry and attract industrial capital from inside and outside the EU to invest in this field, it will help the EU to realise an autonomous and controllable sustainable energy supply chain.
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