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Home - Energy Storage - Romania aims to roll out 5 GW of energy storage by the end of 2026 – SPE
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Romania aims to roll out 5 GW of energy storage by the end of 2026 – SPE

solarenergyBy solarenergyJuly 22, 2024No Comments2 Mins Read
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Romania aims to have at least 2.5 GW of energy storage installed by the end of next year and only exceed 5 GW a year later.

July 22, 2024 Marija Maisch

By ESS news

According to Romanian Energy Minister Sebastian Burduja, the country’s energy storage fleet is expected to grow exponentially in the coming years.

“In total, we must have a storage capacity of at least 2,500 MW by the end of next year, and we must exceed 5,000 MW by 2026. These objectives are ambitious, but are in line with the recommendations and analyzes of Transelectrica, which show that there is a need for storage of at least 4,000 MW,” the minister wrote on Facebook.

“Last but not least, we have resumed the Tarniţa-Lăpusteşti pumped-storage hydropower project and we continuously support this type of investment, which will guarantee 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.

Romania has allocated €80 million ($87 million) to energy storage projects under its National Recovery and Resilience Plan (PNRR), which is expected to result in contracts for a total of 1.8 GW of capacity. “The projects are currently being evaluated and we expect the contracts to be signed in September,” the minister said.

To read further, visit our ESS news website.

This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.

See also  Brazilian energy storage hampered by technical challenges, lack of regulations - PV Magazine International

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