Bucharest Energy Storage Container Production Plant

How much will Romania pay for a battery energy storage system?

Romania has launched a new subsidy scheme for behind-the-meter battery energy storage systems to the tune of EUR 150 million ($158 million). With the funding secured from the Modernization Fund, the Ministry of Energy launched the competitive bidding call on Tuesday. Bids will be accepted until January 17, 2025.

Does Romania have a grant program for battery energy storage systems?

The Romanian Ministry of Energy has launched a grant program for battery energy storage systems developed in conjunction with existing renewable energy facilities – wind, solar, or hydro. Romania has launched a new subsidy scheme for behind-the-meter battery energy storage systems to the tune of EUR 150 million ($158 million).

Is storage a 'zero priority' of Romania's energy system?

Sebastian Burduja, minister of energy, said storage is “the zero priority” of Romania’s energy system.

What is Romania's energy storage requirement?

Minister of Energy Sebastian Burduja reportedly declared at a conference that Romania’s storage requirement is 4,000MWh, and that half would be covered by BESS and half by pumped hydro energy storage (PHES) technology.

How much storage does Romania need?

Once delivered, the five projects will see Romania meet 20% of its storage needs, according to the ministry’s announcement. Another EUR 300 has been allocated from the Modernization Fund – EUR 150 million each for this year and next year – and this is expected to deliver at least 3 GW of storage.

How much energy storage will Burduja have in 2025?

Another EUR 300 has been allocated from the Modernization Fund – EUR 150 million each for this year and next year – and this is expected to deliver at least 3 GW of storage. Earlier this year, Burduja said the country should have at least 2.5 GW of energy storage installed by the end of 2025 and more than 5 GW only a year later.