Energy Efficiency

Electrica to invest EUR 190 million in energy efficiency and quality of services

Photo:Pixabay

Published

February 8, 2018

Country

Comments

comments icon

0

Share

Published:

February 8, 2018

Country:

Comments:

comments icon

0

Share

Electrica Group, leader in electricity distribution and supply in Romania, has announced its plan to invest over EUR 190 million (RON 900 million) this year in rehabilitation and upgrade of the distribution networks.

The goal of this year record investment is to increase the quality of service by 40 percent and energy efficiency and to reduce network losses by 40 percent, reads the statement at the Electrica’s website.

Electrica Group has been continuously investing in infrastructure. Last year, for example, the total amount of investment was over EUR 150 million (RON 727 million) or 30 percent compared to the previous year and over 50 percent higher than in 2014.

These investments in distribution networks brought significant increase in the operational efficiency as well as in quality of the distribution service. That led to a reduction of the average time of unplanned interruptions to consumers in 2016 compared to 2014, in all three distribution operators – from 10 percent at the distributor SDEE Muntenia Nord to 30 percent at SDEE Transilvania.

According to Catalin Stancu, Electrica’s general manager, this year’s plan is probably the most ambitious program in the energy sector. The goal is to increase the operational efficiency and the quality of services to that level that the average unplanned interruption time per user will get closer to the level of the Central European countries.

In parallel with these investments, Electrica will make important investments in the modernization of the IT infrastructure and information technology systems, at Group level.

Distribution companies within the Electrica Group cover over 40% of Romania’s territory, with an operating area of approximately 100,000 square kilometers. The three distribution companies within the Electrica Group have over 3.6 million consumers in 18 counties.

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

DRI OMV Petrom Romania largest physical PPA

DRI, OMV Petrom sign Romania’s largest physical PPA so far

21 December 2024 - The new physical solar power purchase agreement between DRI and OMV Petrom is the largest ever in Romania

Renewable energy project frenzy in Greece defies curtailments, grid constraints

Renewable energy project frenzy in Greece defies curtailments

20 December 2024 - Applications for new renewable energy projects continued unabated in Greece in 2024 according to Independent Power Transmission Operator

north macedonia esm kfw bogdanci bitola solar wind uncev Moritz Remé

North Macedonia’s ESM secures loan, grant for solar projects, wind farm Bogdanci

20 December 2024 - The solar power plants will be installed within coal mining and energy complexes REK Bitola and REK Oslomej

Electricity sector officials visit Albania trailblazing photovoltaic plants GIZ regional decarbonization project

Electricity sector officials visit Albania’s trailblazing photovoltaic plants as part of GIZ regional decarbonization project

20 December 2024 - GIZ organized a field trip and presentations in Albania for energy ministries, electricity DSOs and regulators in the Western Balkans