The Romanian Ministry of Energy has launched a fresh call for proposals, offering €300 million through the Modernisation Fund to support companies looking to generate clean energy for their own operational use. This initiative is part of a broader effort to accelerate the country’s energy transition and reduce dependency on traditional energy sources.

Source: Ministerul Energiei

To streamline the application process, new regulations are being introduced that cut down on red tape and make access to funding more straightforward. The scope of support has also been expanded to include key sectors such as agriculture and the agri-food industry, encouraging them to adopt sustainable and competitive energy solutions.

Under the scheme, projects can receive up to €20 million in state aid, provided that at least 70% of the energy generated is used for self-consumption. The financial support per megawatt (MW) installed varies depending on the technology:

1. Solar (up to 5 MW): up to €450,000/MW
2. Solar (over 5 MW): up to €360,000/MW
3. Wind: up to €700,000/MW
4. Hydropower: up to €1,805,000/MW

Additional €150 Million Available for Industrial Decarbonisation Projects

In a parallel initiative, an additional €150 million from the Modernisation Fund is being made available to companies operating under the EU Emissions Trading System (EU ETS). Eligible sectors include steel, cement, oil and gas, and power generation—industries with high emissions profiles.

This funding can be used for investments in carbon capture, storage, utilisation (CCS/CCU), and transportation technologies, as well as for the adoption of best available technologies (BAT) aimed at reducing energy consumption. Each project or company may receive up to €30 million in aid, covering a significant portion of eligible costs for emissions-reducing equipment.

Energy Minister Sebastian Burduja emphasised the government’s commitment to working closely with stakeholders to design effective support mechanisms and ensure the success of decarbonisation and energy efficiency initiatives.