Romanian government accepting proposals for renewables auction
8 December 2022The Romanian Ministry of Energy has launched a call to seek expressions of interest from renewable energy developers to participate in upcoming auctions for clean power. It said that interested developers have until Dec. 30 to express interest.
The auction scheme will be configured as a contract-for-difference (CfD) scheme. The authorities will award 15-year power purchase agreements to the selected developers.
According to Energynomics, the Romanian authorities will hold the first auction before the end of June, with up to 750 MW of solar and 750 MW of wind capacity to be allocated. The facilities should be at least 5 MW, without a size cap.
“According to Romania's National Recovery and Resilience Plan (NRRP), the first CfD round for at least 1,500 MW of capacity is supposed to be organized in [second half of] 2023 and the second in [the first half of] 2025, for an additional 2,000 MW,” Mihai Balan, the executive director of the Romanian Photovoltaic Industry Association (RPIA) said in November.
“It is a milestone in our NRRP that we have the first capacities supported by this mechanism up and running by 2026. Initially, we were expecting the scheme to be presented to the public at the end of this year, but now, with the current situation on the energy market and the fact that we are steadily heading toward a regulated market, it is safe to say that we will see the details early 2023 at best.”
Related
-
CEEC Signs 400MW Wind Power Project Overseas
20 September 2024
-
Giyani gains mining licence for Botswana manganese project
20 September 2024
-
Marubeni, Hitachi form JV for mining equipment sales in Brazil
20 September 2024
-
Veolia and Sidem win EPC contract for Hamriyah IWP project
20 September 2024
-
Firms from Norway, Japan to build 100MW of solar farms in Tunisia
20 September 2024
-
Queensland picks international team to design $14bn pumped hydro scheme
20 September 2024