Romania will be one of the largest beneficiaries of the Social Climate Fund, which will create a significant opportunity to reduce the energy poverty rate nationally.
In the coming years, Romania has at its disposal unprecedented European funds of billions of euros for the transition to an energy sector with low emissions.
Romania must invest in the rehabilitation of buildings and heating systems to reduce energy poverty, through REPowerEU, according to the Romanian Energy Poverty Observatory (ORSE) experts. The essence of the REPowerEU investments and reforms package is to reduce energy poverty and the effects of the crisis at the level of the European Union. Measures such as improving the insulation of buildings inhabited by vulnerable consumers and replacing their heating and cooling systems with modern types of equipment are the most effective way to tackle energy poverty.
Romania and Turkey have signed their first bilateral memorandum of cooperation in the energy sector, marking a significant step toward enhanced collaboration in both traditional and renewable energy fields.
Polenergia, the largest private energy group in Poland, has begun the technological commissioning of its Szprotawa photovoltaic farm—its most ambitious solar project to date.
OMV Petrom will expand its electric mobility infrastructure by adding fast-charging services for electric trucks, with 400 kW stations integrated into its network.
UniCredit Leasing, the leading financial leasing company in Romania, has announced a new strategic partnership with BYD, the world's largest manufacturer of new energy vehicles.
Axpo's Polish subsidiary has signed a route-to-market agreement to supply renewable electricity to Auchan's operations in Poland.
