The Future of Energy Storage in Romania was a key topic at the “Romanian Solar Summit 2024.” Zoltan Nagy-Bege, former ANRE Vice President and current Head of Energy Market at Ciga Energy, underscored the pivotal role of storage operators in the renewable energy sector for the next 25-30 years. His statement, “Storage operators, including batteries and other technologies, will be indispensable in managing and utilizing the unpredictable nature of renewable energy,” highlights the industry’s future direction.
Key takeaways:🔹 Abundant, low-cost energy is available during certain hours, but few consumers can exclusively use it. 🔹Upcoming investments indicate a positive outlook for Romania’s energy sector. 🔹CFD (contracts for difference) auctions are expected to provide price indications, with significant bids anticipated this year and next. 🔹Increased reliance on the PZU (Next Day Market) could lead to more negative pricing intervals, necessitating state compensation.
Aligned with this vision, the Ministry of Energy of Romania initiated in February 2024 a competitive solicitation for battery storage to facilitate the integration of renewable energy into the grid. The aim is to secure at least 240 MW and 480 MWh of resources. The EU’s recovery and resilience planning facilities are backing this initiative with a substantial €79.6 million ($85.7 million) funding for BESS projects.
Additionally, a €199 million ($214.2 million) call to support Romania’s battery and solar PV manufacturing sectors aims to bring significant new capacities online by mid-2026.
These initiatives demonstrate Romania’s commitment to renewable energy and its strategic role in the European energy transition.
Source: E-nergia.ro. AgerPress SA, Energy-Storage.news
