The CfD mechanism is the hope for renewed investment in renewables in Romania

Romania seeks to increase investment in renewable energy through the Contract for Difference (CfD) mechanism. The country has seen growth in wind and solar energy installations in recent years but needs to modernize existing units. The renewable energy sector faced stagnation due to changes in support schemes, yet investments have resumed. Romania aims to reach its energy potential by meeting key criteria including cost efficiency and competitive prices for technologies. The Energy Strategy Summit 2024 highlighted the challenges and opportunities for Romania in the renewable energy sector.

Source:

https://www.energynomics.ro/en/the-cfd-mechanism-is-the-hope-for-renewed-investment-in-renewables-in-romania/

Want to read more?

Subscribe to vitaliydaviy.wixsite.com to keep reading this exclusive post.

Subscribe Now