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PNRR: Submission period for centralized cogeneration projects, extended until September 15

22 August 2022
Cogeneration
Bogdan Tudorache

The submission period for high-efficiency cogeneration (CHP) projects in the district heating sector has been extended until September 15, 2022 at 5 p.m., the Minister of Energy, Virgil Popescu, announced on his social media page.

“PNRR – I would like to remind you that the period for submitting projects to obtain financing to support investments in high-efficiency cogeneration (CHP) in the district heating sector has been extended until September 15, 2022 at 5:00 p.m.,” the minister wrote on Facebook.

The total estimated budget of the scheme is the equivalent in lei of the sum of 388,050,000 euro (the equivalent in lei at the exchange rate of 4.9195 lei/euro), composed of 298,500,000 euro of European funds secured through the Recovery and Resilience Mechanism within the National Plan of Recovery and Resilience – Component C.6 Energy and national funds of 89,550,000 euro by applying the 30% overcontracting percentage.

Fundable projects under the call must ensure the construction or modernization of high-efficiency cogeneration electricity and heat production units in the gas-fired, flexible and high-efficiency cogeneration central heating sector. Investments must replace at least the same capacity of power plants and/or thermal energy production plants with significantly higher carbon dioxide emissions (for example, based on coal, lignite or oil), thus leading to a decrease in GHG emissions.

Through the implementation of these projects, the aim is to increase the power installed in cogeneration in the centralized heating system by approximately 300 MW, the release also states.

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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