High interest for power storage grants in Romania, second scheme possible this year
<p>A high number of over 100 investors submitted grant requests for their power storage projects under a scheme with a budget of only EUR 80 million launched in February, according to <a href="https://www.profit.ro/povesti-cu-profit/energie/document-inghesuiala-la-subventii-de-stat-pnrr-pentru-stocare-de-energie-peste-100-de-solicitanti-printre-care-nume-mari-precum-omv-petrom-electrica-engie-21609690?mc_cid=df19e39d71&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Profit.ro</a>.&nbsp;</p>

<p>Major companies such as OMV Petrom, Electrica, and Engie are among the bidders.&nbsp;</p>

<p>Under the scheme, financed from the National Resilience Facility (PNRR), installations with an output capacity of 480MW should be developed by the end of 2026.&nbsp;</p>

<p>Given the investors’ interest and the strategic importance of the energy storage capacities, energy minister Sebastian Burduja said that a second grant scheme with a more generous budget of some EUR 500 million would be launched by the end of the year.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: <a href="https://www.dreamstime.com/" rel="noopener" target="_blank">Malpetr/Dreamstime.com</a>)</em></p>