Five huge energy projects worth 10bn euros

The five biggest energy projects currently under review by the Economy Ministry are worth around 10bn euros. Some of them have been under discussion ever since the ’70s, others are more recent, but none has entered the building phase.

While state officials are often saying it is these major investments that can turn Romania into an important regional energy player, and domestic companies have been awaiting them as a rescue after two years of crisis, Tarnița-Lăpuștești hydropower station, reactors 3 and 4 of Cernavodă nuclear power station, Romania-Turkey submarine cable, AGRI and the carbon capture warehouse of south-western Romania have not gone beyond the research phase.

“Romania needs to operate major investments in electricity generation. We are now at a moment when we have to choose the technologies with which we’re going ahead,” believes Ionuț Purica, an energy and environment expert with the Romanian Academy.