Romania has drafted a directive that would regulate the production, transportation and distribution of biomethane and its inclusion into the gas network. The change is aimed at limiting the increase in the prices of gas for household heating, expected from the upcoming introduction of the ETS 2 carbon allowance scheme in the European Union. Delaying […]
In an accelerating investment wave, companies in Romania are combining BESS with solar power, hydropower and wind power, or building standalone energy storage facilities. The group includes R.Power, Hidroelectrica, Engie and more big names. Recent updates about investments in battery energy storage systems (BESS) in Romania indicate the technology is becoming another pillar of the […]
Companies that participated in the second round of auctions in Romania for contracts for difference (CfDs) for wind and solar power projects received the ranking list. The target quota for photovoltaics was slightly surpassed, with 1.49 GW approved. Conversely, only 1.26 GW was allocated in the wind project segment, against the available 2 GW. Average […]
Renewable energy companies from abroad aren’t intimidated by negative power prices in Romania, especially with the battery storage segment accelerating. Energy giants EDP Renewables and Engie have new solar power plants, and more renewable energy facilities are coming online, while the government is disbursing European grants. The renewable energy market in Greece is consolidating and […]
Engie Romania has completed the acquisition of a 54 MW wind power project located in Mereni in central Romania. Engie Romania said the Mereni wind project is located in Constanța county, an area with high wind potential, recognized for its superior yields in green energy production. The project represents a strategic step in expanding the […]