Renewables

State mulls scrapping development of 1 GW hydro plant

Photo: Pixabay

Published

September 10, 2016

Country

Comments

comments icon

0

Share

Published:

September 10, 2016

Country:

Comments:

comments icon

0

Share

The government in Bucharest is considering the option to abandoning a renewable energy project worth EUR 1 billion. Energy minister Victor Grigorescu said Romania’s cabinet is looking for alternatives for hydro pumped storage unit Tarnița – Lăpuștești, designed for 1 GW, as quoted by News.ro on September 7.

There are prospects to switch to several small hydropower plants, he added and revealed EUR 3 million have already been spent.

Furthermore, a feasibility study from 2006 said the public–private project was a failure, said Ovidiu Agliceru, chairman of the board of Hidroelectrica SA. Grigorescu stated the upcoming national energy strategy may show a way forward. The power plant was intended to balance the energy system, especially with plans to launch two nuclear reactors in Cernavodă.

Chinese contractors were lining up to finance the project and return the funds through sales of electricity. The option with several units would open separate projects for investors.

Related Articles

bih republic of srpska hydropower plants bistrica tunnels petar djokic

Three hydropower plants on Bistrica river to be finished by end-2026

18 April 2025 - Chinese company AVIC is in charge of building the three hydropower plants on the Bistrica, with a total capacity of 39 MW

bih federation ephzhb court poklecani urban permit arhaus

Supreme Court of Federation of BiH annulls urban permit for Poklečani wind farm

17 April 2025 - The project is being developed by Elektroprivreda HZHB, one of the three state-owned power utilities in Bosnia and Herzegovina

Minister Admir Sahmanović formally assumes energy, mining portfolio in Montenegro

Minister Admir Šahmanović formally assumes energy, mining portfolio in Montenegro

17 April 2025 - Minister of Energy and Mining of Montenegro Admir Šahmanović was formally voted in as the two ministries that he ran were merged

Nofar Energy 265 MW solar power plant Corbii Mari near Bucharest

Nofar Energy inks deal for 265 MW solar power plant near Bucharest

17 April 2025 - The operator of the biggest solar power plant in Romania is about to start building a much bigger facility in Corbii Mari