Romania will soon hold a first round of renewable-energy auctions to support solar PV and onshore wind capacity in the country.
The European Bank for Reconstruction and Development (EBRD) is working with the Ministry of Energy and other Romanian authorities to create a legal and regulatory framework for a contract-for-difference (CfD) support scheme for renewable energy. Romania will tender 1,000 megawatts of onshore wind power and 1,000 megawatts of solar PV power capacity through the CfD scheme for 15 years.
The competitive tender process for the first round of auctions will be implemented in the coming month, with successful bidders expected to be announced in November. EBRD said the auctions represent the first round of a multiyear plan to support 10 gigawatts of onshore wind and solar capacity by 2030.
“We are proud to play a key role in developing Romania’s renewable-energy sector and to support its ambition to decarbonize the Romanian economy, in line