Electricity

Transelectrica secures EUR 56.2 million for solar, battery installations, cyber security upgrade

transelectrica repower eu nrrp plan funds solar cyber security

Photo: René Schué from Pixabay

Published

December 12, 2023

Country

Comments

comments icon

0

Share

Published:

December 12, 2023

Country:

Comments:

comments icon

0

Share

Romania’s transmission system operator (TSO) Transelectrica has secured EUR 56.2 million for the installation of solar power plants and accompanying storage, the upgrade of the maintenance equipment, and the increase of cybersecurity.

Transelectrica said it received the funds from the REPowerEU component of the National Recovery and Resilience Plan (NRRP or PNRR).

The funds will be used to finance three essential investment projects for the efficiency and modernization of the power transmission network, according to the announcement. Two will be implemented by its subsidiaries Smart and Teletrans.

The objective is to increase flexibility and address bottlenecks in the grid to accelerate the integration of additional renewable energy power plants and increase grid resilience while strengthening cyber security, Transelectrica explained.

The company will install an off-grid photovoltaic system with storage to supply its substations

The first project envisages the installation of photovoltaic facilities and storage to supply Transelectrica’s substations. The project for the production of electricity for self-consumption is estimated at EUR 29.5 million.

The off-grid photovoltaic systems with batteries will produce electricity for 29 out of 81 substations in the transmission grid. The company’s goal is to at least halve the electricity consumption of the substations from the 2022 level.

The investment will also result in a reduction of 2,610 tons of CO2 per year, while the deadline for the completion is June 30, 2026, Transeletrica said.

Smart has received EUR 18.2 million and EUR 8.4 million was allocated to Teletrans

Smart, the company’s subsidiary for maintenance services, has received EUR 18.2 million for the second project. According to Transelectrica, it will purchase state-of-the-art equipment to achieve the highest standards. The funds will be used to digitalize maintenance services through the implementation and development of software solutions, the company explained.

Teletrans will optimize the communications network and create a data center in a EUR 8.4 million project. Transelectrica expects the investment would strengthen cyber security.

The new equipment will also increase the level of technical availability of the optical fiber infrastructure up to 99.5%, the company said. The deadline for completion is March 31, 2026.

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

heatwave power exchange prices see europe serbia

What is behind electricity price spike in SEE: grid issues, and something more

13 July 2024 - Record high temperatures aren't the main cause of the record price increase on power exchanges, ranging from 50% to 170%

IRENA La Camera renewables must grow higher speed scale

IRENA’s La Camera: Renewables must grow at higher speed, scale

12 July 2024 - IRENA's Director-General Francesco La Camera warned of ongoing patterns of concentration in geography in renewables deployment as well as against complacency

serbia nuclear energy memorandum government institutes faculties vucevic djedovic

Serbian government forges nuclear energy alliance with 20 scientific institutions, firms

10 July 2024 - The memorandum is aimed at gathering experts from Serbia and abroad to examine the possibility of the use of nuclear energy

Albania declares eight winners at 300 MW solar power auction

Albania declares eight winners at 300 MW solar power auction

10 July 2024 - The lowest bid at Albania's solar power auction came in at EUR 39.7 per MWh, against a starting level of EUR 59.97 per MWh