Bucharest energy storage project subsidy policy
Based on its renewable energy potential and considering the national energy sector"s current characteristics -generation assets, interconnections, market design, regulatory landscape -
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 original call, which referred to at least 620 MWh, was expected to see projects selected by the end of 2023, according to reports. In April, Romania's largest battery storage system, of 24 MWh, was put into operation. It is the first phase of a project totaling 216 MWh.
Burduja has also called for investments in energy storage, stressing that the Ministry of Energy is making non-refundable grants available for this purpose. Romania wants mature projects that can be implemented quickly and that can help balance the system, he was quoted as saying.
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