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

serbia energy cooperative solar power plant elektropionir

First cooperative solar power plants in Serbia start production

26 July 2024 - The income from the sale of electricity will be used for projects proposed by the communities of the villages on the Stara planina mountain

faria renewables mykonos solar power plant

Faria Renewables acquires 35 MW Mykonos solar project

26 July 2024 - Faria Renewables S.A. has announced the integration of photovoltaic project Mykonos into its asset portfolio

Ameresco Sunel Energy 560 MW solar power Greece Lightsource bp

Ameresco Sunel Energy starts building 560 MW solar power plant in Greece for Lightsource bp

26 July 2024 - Ameresco Sunel Energy is the contractor in Lightsource bp's solar power project of 560 MW in peak capacity, in the central part of Greece

Romania green energ system hospitals private partner

Romania to green energy system in hospitals with private partner

26 July 2024 - Romania is in talks with Abu Dhabi–based IHC on a public-private partnership worth EUR 1 billion for heat pumps and PV systems for hospitals