Romania is aiming to have at least 2.5 GW of energy storage installed by the end of next year and to exeed 5 GW only a year later.
According to Romanian Minister of Energy Sebastian Burduja, the country’s energy storage fleet is expected to grow exponentially over the next couple of years.
“In total, at the end of next year we should have storage capacities of at least 2,500 MW, and by 2026 we should exceed 5,000 MW. These targets are ambitious, but they are aligned with Transelectrica’s recommendations and analyses, which show a need for storage of at least 4,000 MW,” the minister wrote on Facebook.
“Last but not least, we resumed the Tarniţa-Lăpusteşti pumped storage hydropower plant project and we constantly support this type of investment, which will ensure essential services for the national energy system,” he added.
Burduja has also called for investments in energy storage, the lack of which he sees as one of the reasons behind high energy prices in Romania today, noting that the Ministry of Energy is making funding available for this purpose.
Romania has allocated €80 million ($87 million) under its national recovery and resilience plan (PNRR) for energy storage projects, which is expected to result in contracts for a total of 1.8 GW of capacity. “The projects are under evaluation and we anticipate the signing of the contracts in September,” the minister said.
To continue reading, please visit our ESS News website.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Source from pv magazine
Disclaimer: The information set forth above is provided by pv-magazine.com independently of Alibaba.com. Alibaba.com makes no representation and warranties as to the quality and reliability of the seller and products. Alibaba.com expressly disclaims any liability for breaches pertaining to the copyright of content.
