The Romanian government has allocated EUR 103.5 million ($108.6 million) to support investments in battery energy storage systems and deliver at least 240 MW/480 MWh by 2025. The government of Romania is looking to support the deployment of commercial and industrial (C&I) battery energy storage systems (BESS) to the tune of EUR 103.5 million.
The subsidy scheme will contribute to Romania’s energy transition objectives by developing at least 240 MW/480 MWh. At this point, Romania’s installed BESS capacity is negligible. The largest system now under construction is a 7 MW lithium-ion battery owned by Megalodan Storage in Ilfov county, near Bucharest.
All projects must be implemented by the end of 2025. The subsidy scheme will contribute to Romania’s energy transition objectives by developing at least 240 MW/480 MWh. At this point, Romania’s installed BESS capacity is negligible.
However, Romania has big battery manufacturing ambitions and plans to have a 2 GW battery industry by the end of 2025. The country also plans to train some 20,000 people over the next four years to overcome the existing skill gap in the battery sector.
The government has secured a total of EUR 103.48 million, of which EUR 79.6 million is from the National Recovery and Resilience Plan (NRRP), with the remaining amount coming from state funds. Romania’s National Recovery and Resilience Plan consists of EUR 14.24 billion in grants and EUR 14.94 billion in loans.
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The government of Romania is looking to support the deployment of commercial and industrial (C&I) battery energy storage systems (BESS) to the tune of EUR 103.5 million.
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