Romania is aiming to have at least 2.5 GW of energy storage installed by the end of 2025 and to exceed 5 GW only a year later.
Romania’s energy storage fleet is expected to grow exponentially over the next couple of years, Minister of Energy Sebastian Burduja said.
-In total, at the end of next year, we should have storage capacities of at least 2,500 MW, and by 2026 we should exceed 5,000 MW. These targets are ambitious, but they are aligned with Transelectrica’s recommendations and analyses, which show a need for storage of at least 4,000 MW – the minister wrote on Facebook.
Burduja added that the Tarniţa-Lăpusteşti pumped storage hydropower plant project was resumed.
He also called for investments in energy storage, the lack of which he sees as one of the reasons behind high energy prices in Romania today, noting that the Ministry of Energy is making funding available for this purpose.
Romania has allocated €80 million under its national recovery and resilience plan for energy storage projects, which is expected to result in contracts for a total of 1.8 GW of capacity.
-The projects are under evaluation and we anticipate the signing of the contracts in September – the minister said.