Acasă » General Interest » Drăgan, Energy Strategy Summit: Only through the Modernization Fund we have schemes worth 5.3 bln. euro

Drăgan, Energy Strategy Summit: Only through the Modernization Fund we have schemes worth 5.3 bln. euro

8 June 2023
General Interest
Bogdan Tudorache

On the Modernization Fund alone, 5.3 billion euro of schemes are currently initiated, contracts signed and schemes approved, and through the PNRR by the middle of this year we could sign contracts for renewable and cogeneration (CHP) projects of almost 1 billion euro, said Dan Drăgan, Secretary of State at the Ministry of Energy, during the ninth edition of the Energy Strategy Summit, an event organized by Energynomics.

“We are currently signing contracts for project calls for wind and photovoltaic sources through PNRR. Already the first 40 applicant companies have been invited to sign the contracts, in two weeks we will send all the clarifications for the applicants, already more than 450 requests for clarifications have been sent by my colleagues.

”At the same time, also through the PNRR, we have the financing of high-efficiency cogeneration capacities for urban heating, the contracts for the municipalities were signed in this regard.

”We have the Modernization Fund, we have the financing for the transport operator Transelectrica. At the same time, we managed to approve two projects for the transporter Transgaz, the contracts to be signed during this month. We have the financing scheme for distribution operators, of 1.3 billion euro,” said Dan Drăgan.

He also added that the transformation and decarbonization of the Oltenia Energy Complex, through gas units and photovoltaic parks, are also financed through the Modernization Fund, the projects amounting to around 900 million euro.

At the same time, also through the Modernization Fund, there are financing schemes of 2 billion euros for all renewable technologies, and during this year calls for projects will be launched for authorities, prosumers and independent producers.

“At the same time, we have also approved through the Modernization Fund a scheme for the rehabilitation of the thermal network – of urban thermal power – considering the investments already approved for high-efficiency cogeneration capacities and, certainly, in the next period we will develop new financing schemes for cogeneration, carbon storage, hydrogen production – which is based on electricity without CO2 emissions… On the Modernization Fund alone, 5.3 billion euros of contracts and approved schemes are currently signed, and through the PNRR we hope that up to by the middle of this year, we should have signed contracts for renewables and CHP worth almost 1 billion euros. This took place in a year, it was a huge task,” said Dan Drăgan.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.

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