Is Romania's battery storage market ready for takeoff?
Romania’s battery storage market is gaining momentum, but it’s not yet ready for takeoff. A recent Aurora Energy Research report reveals strong investor interest and promising early projects, but also highlights some regulatory gaps and unclear market access.
What is Romania's largest battery project?
Leading the development is Nova Power & Gas, part of the Romanian E-Infra Group, which has unveiled plans for the nation’s largest battery project to date. The company will build a 400 MWh facility in Florești, Cluj county, which is expected to be operational by the end of .
How much storage capacity will Romania have in ?
This single project will double Romania’s current installed storage capacity of 398.8 MWh, a figure that comes from transmission system operator Transelectrica, and mentioned by Romania’s energy minister Sebastian Burduja in April, .
Is the battery market still nascent?
“The current status is that there are a few operational batteries, but very high interest,” said one of the analysts at Aurora Energy Research. With roughly 100 MW of operational capacity — mostly pilot projects run by a few companies — the market is still nascent.
Does Aurora have a Romanian market?
Aurora’s interest in Romania started “about a year ago,” building on its prior flex market analyses in Greece and Hungary. The modeling tool Chronos, originally built for the UK market, was adapted to simulate Romanian market dynamics, including price arbitrage and ancillary services participation.
Is a re-industrialised and energy-secure Europe within reach?
A re-industrialised and energy-secure Europe is within reach!” Prime Batteries CEO Vicentiu Ciobanu said the project would be increased to 216MWh in . Ciobanu and other attendees claimed the project is in the top five largest hybrid plants of its kind in Europe, and when increased to 216MWh of storage capacity would be the largest.
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