Bucharest applies for EUR 283 million in EU funds to buy electric buses, other vehicles
The Bucharest City Hall announced that it submitted financing requests for EUR 283 million worth of EU funds to procure electric buses and other vehicles for public transport. The city is seeking to buy 100 trams and 100 electric buses, among other vehicles, Romania Insider reported. The biggest project targets the acquisition of 100 trams, […]
BSTDB initiates first energy efficiency facility in Romania
The Black Sea Trade and Development Bank (BSTDB) has secured a EUR 7 million revolving facility for Garanti Consumer Finance, a Romanian non-banking financial institution, to finance energy efficiency, renewable energy, and water-saving solutions in the Romanian residential housing sector, the BSTDB said in a press release. The BSTDB’s first facility of the kind is […]
Romania moves to not tax prosumers feeding surplus energy into grid
The Romanian parliament has adopted a law enabling prosumers with small renewable energy systems to secure self-consumption and deliver surplus energy to the grid without having to obtain any authorization or pay taxes on the energy, the Romanian Ministry of Energy has said in a statement. Romania needs small energy producers that will be able […]
Solar PV park developers file for arbitration against Romania
Ten developers of solar photovoltaic (PV) parks have filed for arbitration proceedings before the International Centre for Settlement of Investment Disputes (ICSID) against Romania over the state’s changes to the renewables subsidy scheme. The companies that filed the request are claiming Romania broke the Energy Charter Treaty by cutting the subsidies, which are approved as […]
200,000 more electric vehicle charging stations planned in next 4 years
Romania intends to install 200,000 electric vehicle charging stations in the next four years, as part of efforts to boost its share of renewables for fuels used in road transport, which is at only 1% currently, Minister of Energy Anton Anton has said, Romania’s Business Review has reported. Earlier this year, Romanian renewable energy company […]
Romania deploys its section of 400 kV Resita-Pančevo electricity interconnector
Romania’s electricity transmission company Transelectrica has launched a double-circuit 400 kV electricity transmission line between Resita in Romania and Pančevo in Serbia, under an investment worth some EUR 18 million (RON 81.5 million). Construction work on the overhead line (OHL) started in October 2014, and the Romanian section is 63 kilometers long, with 206 transmission […]
Romania to introduce subsidy scheme modeled on CfD for all low-carbon energy producers
Romania’s low-carbon energy producers stand to receive state funding under a mechanism such as contracts for difference (CfD) if the price of electricity on the market slips below a certain level, the Romanian media reported, citing Doru Visan, state secretary at the Ministry of Energy. “The Ministry of Energy is considering promoting a mechanism such […]
Romania’s prosumers are stuck – government doesn’t know how to tax them
Even though Romania introduced the prosumers into legislation 10 years ago, there is still no fiscal regime that would address them. According to energy minister Anton Anton, the Ministry of Public Finance does not know how to tax prosumers. Romanian citizens interested in this activity can’t produce electricity and sell it to the power grid […]
