What is Romania's energy storage requirement?
Minister of Energy Sebastian Burduja reportedly declared at a conference that Romania’s storage requirement is 4,000MWh, and that half would be covered by BESS and half by pumped hydro energy storage (PHES) technology.
What does Romania want from energy storage projects?
Romania wants mature projects that can be implemented quickly and that can help balance the system, he was quoted as saying. Romania has allocated EUR 80 million under its National Recovery and Resilience Plan (PNRR) for energy storage projects, which is expected to result in contracts for a total of 1.8 GW of capacity, according to Burduja.
How much money is earmarked for energy storage projects in Romania?
Romania has earmarked EUR 380 million to support energy storage projects A further EUR 300 million has been earmarked in the Modernization Fund, EUR 150 million each for this year and next, which will mean at least 3 GW of new energy storage capacity, he said.
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