This marks an increase of over €400 million compared to the previous plan. The new initiative, approved by Romania's National Energy Regulatory Authority, covers a range of projects focused on modernizing infrastructure, boosting renewable energy integration, and enhancing interconnection capacity.
The investment will be allocated across four key areas:
RET modernization (30% of total investments)
Renewable energy and new power plant integration (28%)
Increased interconnection capacity (26%)
Strengthening electricity supply security (13%)
Key projects within the 2024-2033 plan include:
Modernizing control systems in major substations across Romania.
Replacing power lines to improve capacity, including new 400/110 kV stations in Botoșani and Suceava.
Enhancing the transmission capacity between Romania and Moldova, with the construction of a new 400 kV overhead power line from Gutinaș to Strășeni.
Approximately €540 million is dedicated to integrating renewable energy units, especially in Dobrogea and Moldova, while €580 million will focus on grid modernization. With a target to increase Romania's interconnection capacity by 15% by 2030, investment projects in this area are valued at over €480 million.
The financing of this €1.88 billion plan will come from:
66% regulated transport tariffs
17% capacity allocation revenues
17% non-reimbursable European Union funds
The plan, which will be updated every two years, ensures that Romania's electricity transmission network is prepared for the growing demands of the energy transition while supporting the EU's broader sustainability goals.