
The National Electricity Transmission Company Transelectrica has announced plans to invest a total of $1.92 billion (9.49 billion RON) into the development and modernization of Romania’s electricity transmission network over the next 10 years. This ambitious plan, approved by the National Energy Regulatory Authority, covers the period from 2024 to 2033 and aims to significantly improve the country’s energy infrastructure.
The new development plan will focus on four key areas: modernizing the existing transmission network, ensuring secure consumer power supply, integrating renewable energy production from new plants in Dobrogea and Moldova, and increasing interconnection capacity with neighboring countries. Compared to the previous investment plan for 2022-2031, this new strategy represents an increase of over $460 million (2.3 billion RON) in funding.
A substantial portion of the planned investment—approximately 30%—will be dedicated to re-technologizing and modernizing Romania's electricity transmission infrastructure. The remaining budget will be allocated as follows: 28% for integrating renewable energy production, 26% for expanding interconnection capacity, and 13% for enhancing the security of electricity supply.
As part of this effort, Transelectrica plans to invest nearly $540 million (2.7 billion RON) over the next decade to integrate new renewable energy production units, particularly in the Dobrogea and Moldova regions. The largest portion of the investment, around $580 million (2.9 billion RON), will go toward the re-engineering and modernization of the transmission grid.
To meet its goal of achieving 15% interconnection by 2030 and a cross-border exchange capacity of 7,000 MW, over $480 million (2.4 billion RON) will be allocated to interconnection projects. Additionally, Transelectrica plans to invest more than $250 million (1.2 billion RON) to strengthen the security of electricity supply.
The funding for the $1.92 billion development plan will be sourced from regulated transport tariffs (66%), capacity allocation revenues (17%), and non-reimbursable European funds (17%).
As part of its 10-year plan, Transelectrica will implement 12 new projects aimed at modernizing control systems, increasing transmission capacity, and building new transformer stations, particularly in critical locations across Romania and Moldova. These projects are set to enhance grid efficiency and ensure a more reliable electricity supply for consumers.
Source: thediplomat.ro