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10.11.2011 10:11
Romanian Power Grid Will Need 500 Million Euro Investment
Romania’s wind power capacity is expected to jump to 1000 MW by the end of 2011
AUTHOR: publics.bg

  • CEZ builds a 600-MW wind park in Dobrogea, Romania
    © CEZ

The Romanian power transmission grid operator Transelectrica will need about 500 million EUR to upgrade so it can handle an expected surge of wind generation, a company director said, cited by Reuters. The company hopes to attract foreign investors, deputy director Octavian Lohan said. “The sector has benefited from large investments up to now, but it needs further top-ups for the projects to come to life”, Lohan said on a webcast from an energy conference in Bucharest.

Romania’s wind power capacity is expected to jump to 1000 MW by the end of 2011, up from 14 MW at the end of 2009 and 462 MW in 2010, according to Romanian Wind Energy Association estimates. In October, Romania's centrist coalition government approved a long awaited support scheme for renewable producers which is expected to lead to a 2.5% rise in electricity tariffs for household consumers in 2012. The generous support scheme, good steady winds and a potentially lucrative market of some 22 million people have attracted scores of wind energy developers to Romania in recent years, the Reuters report says. Czech power group CEZ has halfway finished building Europe’s largest onshore wind park in the Dobrogea region in southeastern Romania, a 1.1 billion euros project with 600 MW capacity. Other power firms developing wind projects in Romania include Italy’s Enel, Spain’s Iberdrola and Energias de Portugal.

But investors’ plans to develop wind parks in Romania total thousands of megawatts, far more than the grid’s current capacity. The country needs to build new conventional power generators to counterbalance renewable energy units as well as replace ageing, mostly coal fired power plants.
 


TAGS: wind | Transelectrica | Romania | grid | power | renewable energy | CEZ | Enel | Iberdrola 


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