Well-attended launch of the Romanian renewable energy programme
The Icelandic Minister of Industry and Commerce, Ragnheiður Elín Árnadóttir, and the Ambassador of Norway to Romania, Tove Bruvik Westberg gave their speeches in front of almost 200 potential beneficiaries and partners at the launch of the Renewable energy programme.
The launch in Bucharest 26 November included presentations of eligibility conditions and partnership opportunities, and was followed by a matchmaking seminar where about 20 Norwegian and Icelandic companies participated.
Increasing the share of renewable energy
More than 50 % of Romania’s total energy demand is covered by coal, gas and oil, with further 20 % covered by nuclear power. To help Romania increase the share of renewable energy in its energy mix (currently around 27 %), Iceland, Liechtenstein and Norway have set aside €8 million to the renewable energy programme in the country. Hydropower and geothermal power projects are funded under this programme.
The programme will provide grants to the construction or refurbishment of three or several small scale hydropower plants (up to 10 MW). Furthermore, it will also support the construction of one or more geothermal heat plants in areas where there already is a heat distribution system in place.