Romanian Hidroelectrica eyes 2 GW of wind and solar – CEO
Date: November 23rd 2021
Author: Peter Palčec
Romania’s largest electricity producer Hidroelectrica is analysing solar and wind projects with a capacity of up to 2,000 MW that could help the company diversify its production portfolio, said CEO Bogdan Badea last week.According to the Romanian news portal News.ro, Hidroelectrica is drafting tenders for feasibility studies which will examine the potential of developing solar capacity on the company’s land and lakes, in the form of floating solar capacity.
Speaking at an online conference conducted by the online newspaper Focus Energetic last Wednesday, Badea said that Hidroelectrica is also interested in developing offshore wind energy projects, although the relevant legislation should be enacted first.
Energy minister Virgil Popescu said in September that Romania would fast track an offshore wind bill by the end of this year to jump-start investments in this area.
According to the proposed offshore wind legislation, the rights for initiating and carrying out offshore projects would be obtained from the Romanian state through the relevant ministry, either through concessions, tender procedures, or by direct licensing.
Offshore wind energy is expected to play an important role in the development of Romania’s renewable energy sector. However, Romania has yet to develop projects that can tap into this potential.
Offshore wind development in the Black Sea will also play an important part in Romania reaching the EU target of 300 GW offshore wind capacity by 2050.
Meanwhile, Ciprian Glodeanu, president of Romania’s photovoltaic industry association, has said that the country could be expected to set its sights higher and add at least 10 GW of solar and wind capacity by 2030.
Hidroelectrica’s current wind capacity consists of the 108 MW Crucea wind farm.