Romania’s energy ministry prepares calls for energy projects

”We put up for public debate several guides for funding of hundreds of millions euros from the NRRP,” energy minister Virgil Popescu wrote in a Facebook post. [Pexels / Pixabay]

The Romanian Energy Ministry is preparing to launch calls for green energy projects funded from the National Recovery and Resilience Plan (NRRP).

”We put up for public debate several guides for funding of hundreds of millions euros from the NRRP,” energy minister Virgil Popescu wrote in a Facebook post. He added that several calls for projects would be launched in March, targeting investments in renewable energy, gas-fired plants and co-generation projects for district heating.

In the national recovery plan, €1.62 billion is allotted for energy projects, and these funds need to be invested by 2026.

The guides published Wednesday are for investments in production facilities for renewable energy, green hydrogen and co-generation plants. They are targeting financing worth €875 million in total.

In a recent interview for EURACTIV, Popescu pointed out that Romania can also use money from the Modernisation Fund, a program launched by the European Commission to help the EU’s ten poorest member states upgrade their energy sector, and finance investments in energy projects.

He said the ministry would soon launch all the calls for projects so that investments in new production capacities start as quickly as possible.

(Bogdan Neagu | EURACTIV.ro)

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