Romania: PPC plans to commission 1.3 GW renewable energy production plants in Romania
1 February 2024
PPC, which acquired Enel’s operations in Romania, aims to commission new green energy production plants in the country with capacities of around 1.3 GW by 2026. The group recently presented its Strategic Plan for 2024-2026 in London.
PPC has planned investments of EUR 9 billion for the period 2024-2026 in the countries it operates, mainly in renewable energy sources, modernizing networks, and new activities, marking a 130% increase compared to the 2021-2023 period.
In Romania, PPC aims to commission new green energy production plants with capacities of around 1.3 GW by 2026, up from about 600 MW currently.
The group estimates that Romania’s electricity demand will increase by 10% by 2030, needing additional investments in clean energy sources to boost economic competitiveness. It expects the installed power in Romania’s electric power plants to increase by 48% in this interval, with new green energy capacities totalling 6.4 GW contributing to meeting the demand.
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