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[BUSINESS] · Romania · 12 sources

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Romania advances energy grid modernization and solar storage

Romania is undergoing significant energy infrastructure and digital transformations. Transelectrica has secured over 351 million lei in funding from the Modernization Fund to modernize and digitalize the national electricity transport network. These projects, including the DigiTEL Smart Lines system and upgrades to the Gutinaș station, aim to improve grid safety and facilitate the integration of renewable energy sources.

The country is also seeing a surge in solar energy development and storage solutions. The Economist has highlighted Romania as a potential model for Europe due to its transition from simple solar production to advanced energy storage. This shift is supported by increased investment in lithium-ion battery technologies and large-scale storage projects, such as those by Hidroelectrica and various solar parks.

Additionally, APIA has completed energy modernization projects across five regional headquarters, utilizing EU funds to reduce heating consumption by up to 90% through renewable energy integration. While the sector faces challenges, such as price imbalances during peak hours and the need for better energy balancing, the focus remains on digitalization, renewable integration, and expanding storage capacity to ensure long-term stability.

Entities

APIA · Arad · Deer · Electrica · European Bank for Reconstruction and Development · European Commission · European Investment Bank · Gutinaș · Ministry of Energy · Modernization Fund · Rezolv Energy · Romania

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