Romania: Eurowind Energy launches first hybrid wind-solar project Read More »
Danish developer Eurowind Energy is set to expand Romania’s renewable energy landscape with its first hybrid installation in the country. The planned facility, named Siminoc, will combine wind turbines and solar panels on a single site, with a total capacity of just under 50 MW, evenly split between the two technologies. The project will be […]
According to data from the National Institute for Statistics (INS), Romania’s electricity consumption in the first eleven months of 2025 totaled 45.65 TWh, down 0.7% compared with the same period in 2024. Industrial consumption reached 34.54 TWh, a 1.1% decrease, while household consumption increased slightly by 0.4%, reaching 10.77 TWh. Public lighting use fell by
Romania’s electricity producer Hidroelectrica is set to commission its first major battery storage facility ahead of schedule. The 72 MWh lithium-ion energy storage system (BESS) at the Crucea Nord wind farm is now expected to become operational in May 2026, nearly one year earlier than originally planned. By early 2026, the project had already reached
The average price of electricity on the day-ahead market of the Romanian energy exchange OPCOM reached €117.64/MWh in December 2025. This represents a 16.62% decrease compared with December 2024 and a 3.16% drop from the previous month, when the average baseload price was €121.48/MWh. Total traded volume in December amounted to 1.47 million MWh, down
Romania: Vacareni wind farm secures €100 million financing to advance 102 MW project Read More »
A new utility-scale wind project in Romania has reached a major financial milestone, with developers securing a substantial €100 million project finance package to support the construction and operation of the Vacareni wind farm. The project is being developed by BIG MEGA Renewable Energy, a joint venture between BIG Shopping Centers and MEGA OR Holdings.
Romania is approaching the end of an unusually cold winter with ample natural gas reserves and no immediate risk of price shocks, according to Energy Minister Bogdan Ivan. He stated that current supply levels are sufficient to meet domestic demand, and the upcoming removal of gas price caps is not expected to raise consumer bills.
Romania plans gradual gas price cap phase-out to ensure market stability Read More »
Romanian authorities are preparing a contingency plan for the gas market to ensure a smooth transition when regulated pricing ends, in case unexpected disruptions occur. Energy Minister Bogdan Ivan stated that the government is considering a phased approach to removing the gas price cap rather than eliminating it abruptly. The matter was discussed at a
Romania: Major Islamic financing secured for Mintia gas power plant Read More »
A significant financing milestone has been achieved for Romania’s Mintia gas-fired power plant after Emirates Islamic approved a $500 million structured funding package for Mass Group Holding. The deal ranks among the largest Islamic finance transactions linked to European energy infrastructure. The funding will support construction of the 1,700 MW Mintia plant in northwestern Romania,
Romanian natural gas producer Romgaz has received another extension to utilize public funding for the long-delayed Iernut combined-cycle gas power plant, following a government decision adopted at the end of 2025. The decision amended the rules of the National Investment Plan, extending the deadline for completing and commissioning funded projects to 31 December 2026, while
Romania: Tarnita-Lapustesti pump-storage project gains momentum with EDF partnership Read More »
After decades of delays and repeated restarts, Romania’s long-planned Tarnita-Lapustesti pump-storage hydropower project is moving forward. Hidroelectrica and French energy company EDF have agreed to jointly develop the 1,000 MW facility, marking the most concrete step yet in reviving one of the country’s largest energy infrastructure projects. Under the plan, Hidroelectrica and EDF Power Solutions
