Electricity

Danube river hydropower project of 840 MW eligible for EU funding

Turnu Măgurele-Nikopol project eu list romania bulgaria

Photo: Mariana Anatoneag from Pixabay

Published

August 2, 2024

Comments

comments icon

0

Share

Published:

August 2, 2024

Country:

,

Comments:

comments icon

0

Share

The Turnu Măgurele – Nikopol hydropower plant on the Danube river has been included in the List of Renewable Energy Cross-border Projects (CB RES list) under the European Union’s Connecting Europe Facility for Energy (CEF Energy).

Bulgaria’s power utility National Electricity Company (Natsionalna Elektricheska Kompania EAD – NEK) said its joint project with Romania’s Hidroelectrica ​​for the Turnu Măgurele – Nikopol hydropower complex has successfully passed the evaluation stage.

The 840 MW hydropower project, on hold for decades, was revived back in 2022.

It is one of three projects that won the status required by the European Commission to be put on the CB RES list. The other two are PONTIS (Progressing On reNewable energy Transfer for International Supply in a connected Europe) and BEI – Bornholm Energy Island.

The list has a total of eight projects

The scheme, launched in August 2022 and updated in September 2023, now consists of eight projects.

According to the European Commission, the Turnu Măgurele – Nikopol Hydraulic Structures Assembly would use the hydropower potential of the Danube river while focusing on environmental sustainability, renewable energy generation and meeting community and industrial needs.

The eight projects with the CB RES status are eligible for financial support for studies and works under the CEF Energy Programme. Furthermore, they benefit from higher visibility, increased investor certainty, and stronger support from member states, the commission said.

The proposed hydropower plant is expected to generate 4.4 TWh per year.

According to NEK, the complex envisages two hydropower plants using state-of-the-art technologies and a large reservoir.

Total expected output is 4.4 TWh per year. Romania and Bulgaria would have 420 MW of installed capacity each or 2.2 TWh apiece.

The idea for Romania and Bulgaria’s hydropower project originated back in the 1960s, when the first studies were made.

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

serbia eu region bef 2026 grid flexibility panel

Renewable energy ambitions must include ways to ensure grid integration

22 May 2026 - Market participants in the region have differing views of the current state of the grid, according to a panel held at Belgrade Energy Forum 2026

Greece PPC Group raises EUR 4.5 billion in capital offering

Greece’s PPC Group raises EUR 4.5 billion in capital offering

22 May 2026 - Public Power Corp. conducted a historic share capital increase of EUR 4.5 billion. The government and existing stockholder CVC covered 55.6%.

DRI operating licence for Văcărești solar park in Romania

DRI gets operating licence for Văcărești solar park in Romania

22 May 2026 - DRI has received the commercial operating license for its 126 MW Văcărești solar park in Dâmbovița county near Bucharest

SANY Renewable Energy Alibunar wind parks Serbia end June 2026

SANY Renewable Energy to start building Alibunar wind parks in Serbia by end-June

22 May 2026 - SANY Renewable Energy has signed agreements with contractors for its wind power projects Alibunar 1 and 2 in northeastern Serbia