Renewables

Romania allocates EUR 500 million to help public institutions become prosumers

subsidy-scheme-renewables-prosumers

Photo: Pexels/Pixabay

Published

August 21, 2023

Country

Comments

comments icon

0

Share

Published:

August 21, 2023

Country:

Comments:

comments icon

0

Share

Romania’s Ministry of Energy has launched a EUR 500 million subsidy scheme to help public institutions and organizations install renewable energy facilities for self-consumption and become prosumers. The grants, provided through the European Union’s (EU) Modernisation Fund, are intended for financing the construction of new wind, solar or hydropower capacities.

The beneficiaries of the subsidy scheme will include local authorities, military units, sports associations, and educational, cultural and health care institutions, according to local media. The renewable energy facilities will generate power for public lighting as well as for lighting and electricity consumption within buildings.

The scheme offers grants of up to EUR 20 million per project or beneficiary

The scheme offers individual grants of up to EUR 1.4 million per MW of installed capacity for wind projects, EUR 1.1 million per MW for solar installations, and EUR 1.8 million per MW of hydropower capacity. The aid cannot exceed EUR 20 million per project or per beneficiary. The rest of the project costs are to be covered by the applicant.

The EU’s program is aimed at helping 10 member states meet their 2030 energy targets

The Modernisation Fund is an EU program aimed at supporting 10 member states to meet their 2030 energy targets. The beneficiary countries are Romania, Croatia, the Czech Republic, Bulgaria, Estonia, Hungary, Lithuania, Latvia, Slovakia, Poland, Portugal, and Greece.

Romania plans to boost subsidies for household prosumers to EUR 2 billion

Earlier this year, Romanian Prime Minister Nicolae-Ionel Ciucă announced that the country’s budget for subsidies for households to install solar panels and become prosumers would be doubled to EUR 2 billion.

The country expects to have 100,000 household prosumers by end-2023

Previously, the Romanian Energy Regulatory Authority (ANRE) said it expected the number of prosumers to jump from some 40,000 to 100,000 this year, compared with a mere 303 households, firms and institutions with such a status at the end of 2019.

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

North Macedonia draft law envisages renewable energy auctions for CfDs

North Macedonia’s draft law envisages renewable energy auctions for CfDs

14 August 2025 - North Macedonia's draft Law on the Use of Energy from Renewable Sources covers auctions, CfDs, prosumers and renewable energy communities

serbia russia nuclear energy Alexander Botsan-Kharchenko dubravka djedovic

Đedović Handanović discusses Serbia’s nuclear power plan with Russian ambassador

14 August 2025 - Minister of Mining and Energy Dubravka Đedović Handanović met with the Ambassador of the Russian Federation Alexander Botsan-Kharchenko

Floating solar farm ready to be merged with North Sea offshore wind park

Floating solar farm ready to be merged with North Sea offshore wind park

14 August 2025 - Oceans of Energy has assembled its floating PV plant Nymphaea Aurora in three days, to integrate it into a giant offshore wind park

Romania completes second round renewable energy auctions third wind quota unallocated

Romania completes second round of renewable energy auctions – third of wind quota unallocated

13 August 2025 - Romania completed its second round of renewable energy auctions. More than one third of the wind power quota wasn't allocated and prices rose.