Renewables

Romania received EUR 7.1 million for six renewable projects from Rondine program  

Romania received EUR 7.1 million for six renewable projects from Rondine program  

Photo: Pixabay

Published

November 14, 2017

Country

Comments

comments icon

0

Share

Published:

November 14, 2017

Country:

Comments:

comments icon

0

Share

Six projects worth a combined EUR 7.1 million for the use of renewable energy received financing under the RO06 Renewable Energy Program (Rondine). This program was funded as part of the European Economic Area-EEA Grants 2009 – 2014.

Rondine program was designed to finance the sustainable use of natural resources and the cut of greenhouse gas emissions by capitalizing on renewable energy sources, specifically on the hydropower and geothermal potential which was the focus of all six projects.

Projects that received funds are a geothermal plant in Oradea for representing a new thermal energy production capacity for the Emergency Hospital; Prof. Dr. Agrippa lonescu for 8  research studies on the implementation of completed hydropower pilot projects, over 100 participants in geothermal workshops and short courses; students who completed the six-month course of the United Nations University Geothermal Training Program in Iceland, a pre-feasibility study on the geothermal heating system in Oradea; and a pre-feasibility study on the geothermal heating system in Beius.

Cornel Brezuica, president of the Environmental Fund Administration (AFM), operator of the Rondine program, said that Romania stays among the world’s most attractive renewable energies market and runs high chances to become an important energy actor in the region.

“In recent years, AFM has financed from the Environmental Fund programs that have boosted the implementation and use of renewable energy sources for the installation of solar panels, wind farms, solar, biogas or biomass power plants, hydro and geothermal power plants”, said Brezuica.

He added that EEA and Norway grants are an important tool for the development of key sectors such as Romania’s economy and society, the protection of the environment, strengthening civil society, the judiciary, the promotion of energy efficiency and renewable energy, public health services.

He emphasized that Romania’s micro-hydropower and geothermal potential can provide the most important sources of renewable energy, in line with EU requirements.

The hydropower component of the Rondine program aimed to achieve initial investment and refurbishment of hydropower plants, with the purpose of extending the production capacity of electricity from renewable sources. It was open for public and private commercial entities.

The geothermal component was to achieve initial investments and reengineering of the thermal energy production plant that use geothermal energy, for the purpose of extending (increasing) the capacity for thermal energy production from renewable sources. Eligible applicants are local administrative units and or authorities, in addition to public or private commercial entities and/or local administrative units/authorities.

Allocation of the financing, based on the initial financial arrangement was as follows: 85 percent through the European Economic Area Financial Mechanism 2009 – 2014 and 15 percent from the state budget (Environmental Fund).

Tags:
Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

western balkans wind solar investments study

Western Balkans have as many prospective solar, wind projects as Germany

17 July 2024 - Prospective utility-scale solar and wind capacity amounts to 23 GW or 70% more than a year ago, according to the latest study

Greek consumers called to return subsidies related to renewable energy surcharge

Greek consumers must return subsidies that covered renewable energy surcharge

16 July 2024 - Greek commercial consumers, mostly in the agricultural sector, must pay large sums to the state as they were ordered to return subsidies

Green for Growth Fund financial impact targets 2023

Green for Growth Fund tops its financial, impact targets in 2023

15 July 2024 - The Green for Growth Fund kept mitigating climate change and promoting sustainable economic growth last year in its 18 markets

IRENA La Camera renewables must grow higher speed scale

IRENA’s La Camera: Renewables must grow at higher speed, scale

12 July 2024 - IRENA's Director-General Francesco La Camera warned of ongoing patterns of concentration in geography in renewables deployment as well as against complacency