Prime Batteries, a company supported by InnoEnergy, and Monsson have put into operation the largest electricity storage capacity in Romania. This is part of the first hybrid photovoltaic-wind-battery project within
6. Future prospects According to the latest revision of Romania''s National Integrated Energy and Climate Plan 2021-2030, the country has set a target of building
Thus, Romania has set a target of 30.7% for the share of renewable energy sources in gross final energy consumption for the 2030 time horizon through the National Integrated Energy and
Doubling storage capacity in batteries to 400-500 MWh, supporting the integration of variable renewable sources into the grid. RoEnergy Timisoara 2025: AI and Innovations in Green
Romania''s infrastructure investments are crucial in reducing reliance on single-source supplies and enhancing energy independence. The BRUA pipeline —connecting
Project Description The project attempts to assess the current technical potential, regulatory framework, and estimated investment needs for commercially mature energy storage facilities
Romania aims to have a renewable energy share of more than 34% by 2030, with funding from the EU Green Deal, the National Recovery and Resilience Program (NRP),
Collect all relevant data for the scenarios modelling, such as global trends in new technologies and RES costs, most recent EU policy and developments in the energy sector, theoretical RES
The Romanian government has introduced its most ambitious energy roadmap to date: the Energy Strategy for 2025–2035, with a forward-looking vision for 2050. This strategic
Lessons Learned from Emerging Economies The Supercharging Battery Storage Initiative would like to thank all authors and organizations for their submissions to support this publication. This
Aurora Energy Research foresees double digit internal rates of return for standalone battery energy storage (BESS) projects entering the market as early as 2026, while
{ Romania aims to triple its renewable energy capacity by 2030, attracting over USD 18 billion in investment and driving innovation in energy storage, hydrogen, and electric vehicles.
Finland and Greece are also using the funding pot to support energy storage projects. Romania is currently targetting 30.7% renewable generation in its electricity mix by 2030. The country hasn''t had many utility
The aim of this scheme is to support investments in battery-based electricity storage facilities, enabling a smooth integration of energy from wind and solar renewable
6. Future prospects According to the latest revision of Romania''s National Integrated Energy and Climate Plan 2021-2030, the country has set a target of building 33.3GW of photovoltaic (PV) capacity and 21.3GW
With Romania aiming to boost its renewable energy capacity to 30% by 2030, this tender could redefine how Eastern Europe handles grid stability. Think of it as the region''s answer to Tesla''s
the financial value and system benefits of the Project. This includes an evaluation of the Project''s cost-effectiveness and its contribution to system reliability, as well as its ability to support the government''s 82%
Romania''s infrastructure investments are crucial in reducing reliance on single-source supplies and enhancing energy independence. The BRUA pipeline —connecting Bulgaria, Romania, Hungary, and Austria—is a
Energy Transition: Hydrogen will replace 42% of industrial hydrogen consumption with renewable hydrogen by 2030. Energy Efficiency: Accelerate the use of renewable energy while creating
Projects delayed due to higher-than-expected storage costs are finally coming online in California and the Southwest. Market reforms in Chile''s capacity market could pave the way for larger energy storage additions in Latin
Romania expects its overall energy storage to amount to at least 2.5 GW in operating power at the end of 2025, and to expand to as much as 5 GW a year later, local media reported, citing Minister of Energy Sebastian
Note: Required spread for a two-hour battery project assuming revenues cover project costs of €360,000/MWh in 2024, for previous years assumes BNEF''s Europe energy storage system
An advanced draft of the present report was critically discussed with relevant Romanian stakeholders (TSO, energy regulator, Ministry of Economy, Energy and the Business
Romania should make an upwards reassessment of the level of ambition for RES production, energy eficiency and other support measures for modern-isation of the energy sector
In the EU, polluters have to pay for their greenhouse gas emissions via the Emissions Trading System (ETS). The money raised via the ETS is reinvested into the Innovation Fund: one of
Monsson Group, controlled by the Romanian-Swedish businessman Emanuel Muntmark, announced plans to invest in power storage capacities of around 1,500MWh by 2030.
Not all energy storage technologies and markets could be addressed in this report. Due to the wide array of energy technologies, market niches, and data availability issues, this market
the financial value and system benefits of the Project. This includes an evaluation of the Project''s cost-effectiveness and its contribution to system reliability, as well as
Romania aims to have at least 2.5 GW of battery energy storage systems (BESS) in operation by next year and to surpass 5 GW of capacity by 2026 under a plan that is seen to help it cope with high energy
Romania''s recently updated National Integrated Energy and Climate Change Plan (NIECC) for 2021–2030 has set ambitious targets, including the construction of 33.3 GW
Romania''s energy strategy in its latest form sets more ambitious targets for the installation of electricity storage capacities, which should be installed even faster than what
"As other European BESS markets become increasingly saturated, Romania stands out," said Evangelos Gazis, Aurora''s head of Southeastern Europe, adding that the
Irene Mihai, Policy Officer at RPIA, explores Romania''s solar capacity goals, prosumer growth, and the strategic steps needed to accelerate the green energy transition.
To achieve this goal, the Romanian government will conduct both tenders through competitive bidding. A total of €79.6 million is allocated for the battery energy storage project. €199 million will be spent on related manufacturing capacity. Of this amount, €149.25 million will be used for new cell production, assembly and recycling facilities.
In order to reach its 2030 renewables target of 34 (previously set to 30.7%), Romania plans to add around 7 GW of new capacity, of which around 3.7 GW is intended to be PV solar projects.
Other Romania-based companies, such as Parapet and Waldevar Energy, have told pv magazine that adding BESS to their renewable assets is a top priority. The May edition of pv magazine features an in-depth look at Romania’s solar and energy storage markets.
If Romania can gain an advantage in the energy storage battery and photovoltaic industry and attract industrial capital from inside and outside the EU to invest in this field, it will help the EU to realise an autonomous and controllable sustainable energy supply chain.
The BESS market in Romania is heating up, say local analysts and insiders. Irene Mihai, policy officer at the Romanian Photovoltaic Industry Association (RPIA) recently told pv magazine that a realistic target for the utility-scale BESS segment in Romania “would be around 2 GWh (around 1 GW of installed capacity)” for 2030.
Based on its modeling, Aurora foresees double digit internal rates of return for standalone BESS projects entering the market as early as 2026, while co-located assets could prove even more promising – especially post 2028 where rising saturation in the balancing markets is observed, it said.
