Why is the energy sector important in Romania?

IX. The energy sector is a critical component of Romania’s economy, underpinning the country’s in-dustrial growth, domestic needs, and overall economic stability. As Romania navigates its energy transition, understanding the investment needs in infrastructure, distribution networks, and storage capabilities has become increasingly important.

What is the energy supply structure in Romania?

III. Romania has had a balanced energy capacity structure with a diversified source of energy supply in the last decade. At the end of 2022, in the total supply of energy, the most important contribution was from oil and petroleum products (33%) and natural gas (26.4%), while solid fossil fuels repre-sented 11%.

Does Romania have a double taxation of stored electricity?

Romania’s National Energy Regulatory Authority (ANRE) recently eliminated the double taxation of stored electricity. The new rules exempt electricity stored and then reinjected into the grid from several tariffs, removing a significant financial barrier for investors.

What will Romania's new energy strategy entail?

It will con-sider the challenges faced by the distribution network, as well as exploring the emerging role of energy storage. For electricity, according to the Romanian new Energy Strategy 2025-2035, the installed capacity will rise steadily until 2030, reaching 30409 MW – with a perspective of 63000 MW in 2050.

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 2025.

Will Romania produce more electricity by 2035?

Based on the Romania Energy Strategy 2025-2035 the Romanian installed capacities to produce electricity will almost double by 2035, especially due to greater use of solar and nuclear, but also to the development of significant storage systems using batteries.