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POWER: Romania to Auction 3.5GW Renewables in 2025, Prioritising Wind

POWER
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Romania is set to auction 3.5GW of renewable capacity in 2025 as part of a €3bn state aid scheme, aiming to accelerate wind and solar development under its recovery and resilience program, the Energy Ministry said, cited by Bloomberg.

  • The exact split of wind and solar to be auctioned will be announced in the coming days, Energy Minister Sebastian Burduja said.
  • “At this moment we're trying to prioritise wind,” Burduja added.
  • Additionally, 2.5GW of power-production capacity may come online this year in Romania, which is expected to alleviate price pressures, according to the energy minister.
  • The government intends to extend the cap on gas and power prices due to ongoing market uncertainties and the need for stable state support.
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Romania is set to auction 3.5GW of renewable capacity in 2025 as part of a €3bn state aid scheme, aiming to accelerate wind and solar development under its recovery and resilience program, the Energy Ministry said, cited by Bloomberg.

  • The exact split of wind and solar to be auctioned will be announced in the coming days, Energy Minister Sebastian Burduja said.
  • “At this moment we're trying to prioritise wind,” Burduja added.
  • Additionally, 2.5GW of power-production capacity may come online this year in Romania, which is expected to alleviate price pressures, according to the energy minister.
  • The government intends to extend the cap on gas and power prices due to ongoing market uncertainties and the need for stable state support.