What is Romania's largest battery project?

Leading the development is Nova Power & Gas, part of the Romanian E-Infra Group, which has unveiled plans for the nation’s largest battery project to date. The company will build a 400 MWh facility in Florești, Cluj county, which is expected to be operational by the end of 2025.

Will Romania's natural gas storage facilities reach 80% capacity?

BUCHAREST, Oct 3 (Reuters) - Romanian natural gas storage facilities have been filled above a targeted 80% capacity and could reach 90% by Nov. 1, deputy Energy Minister Dan Dragan said on Monday. Unlike other countries in the region, Romania relies less on Russian gas.

How much storage capacity will Romania have in 2025?

This single project will double Romania’s current installed storage capacity of 398.8 MWh, a figure that comes from transmission system operator Transelectrica, and mentioned by Romania’s energy minister Sebastian Burduja in April, 2025.

What is the energy sector like in Romania?

Romania’s energy sector is key to its evolving economy and security policy. It has a diverse energy mix, including coal, natural gas, nuclear, hydroelectric, and renewable sources. The largest share of electricity production historically came from coal and natural gas, followed by hydroelectric and nuclear power.

How is Romania transforming the European energy landscape?

The investment wave, supported by key regulatory changes, is elevating Romania in the European energy landscape. Leading the development is Nova Power & Gas, part of the Romanian E-Infra Group, which has unveiled plans for the nation’s largest battery project to date.

Does Romania have a double taxation of stored electricity?

Romania’s National Energy Regulatory Authority (ANRE) recently eliminated the double taxation of stored electricity. The new rules exempt electricity stored and then reinjected into the grid from several tariffs, removing a significant financial barrier for investors.