According to the data provided by the National Energy Dispatch, the demand for electricity storage is 4,000 MW until 2030, half of which will come from batteries and half from pumped storage hydropower plants, the minister of Energy, Sebastian Burduja declared on Friday.According to the minister, Romania must do what it should have done for decades, namely pumped storage hydropower plants, because "we are the only country in the EU with the geography that allows such investments and that was not able to carry after all, such a hydroelectric plant. It is much more useful than a field of batteries. Much more useful because it stores energy for a much longer period and is much friendlier to the environment. (...) That is why I and the Council of ministers in Brussels always say: give us a favorable framework for pumped storage hydropower plants through which we can speed up, on the one hand, the environmental approval procedures, and on the other hand, we can access more financing because they are expensive projects and there are projects that cannot be done overnight."As to the pumped-storage hydropower plant project from Tarnita-Lapustesti, he mentioned that the feasibility study procedure is underway and if this fails, a public-private partnership option will be used."In the public-private partnership, there are big partners, with some of them I have met, they could enter from this moment. We do not have a feasibility study, they assume part of the costs and then when you have the study, the shares in the shareholding structure are renegotiated. But we have no way to give up this investment," said Sebastian Burduja.
TEKUNI, a program dedicated to students and young entrepreneurs, was launched in Timișoara through a pilot project, with a future goal of nationwide expansion. The program offers a complete training path, structured into 7 modules that cover all stages of building a startup: from idea validation and MVP development to branding, marketing, legislation, finance, leadership, […]
The Romanian capital will be in the spotlight at the festival Un Week-end à l'Est, which runs in Paris until December 1. The event, which aims to present the artistic, literary, and intellectual richness of an Eastern European city, has previously focused on Warsaw, Odessa, Kyiv, Sofia, or Budapest. At its ninth edition, it is […]
Romanian tax agency ANAF has sued former president Klaus Iohannis in order to recover the loss of use of half of a property in the center of Sibiu. “The action represents a continuation of the steps that ANAF has taken for the recognition of the state’s ownership right and the recovery of compensation determined by […]
Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match. Romania […]
An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...
Mercenary Horațiu Potra, who faces charges of attempting to undermine constitutional order in Romania, is being flown back to Bucharest under police escort after authorities in the United Arab Emirates approved his extradition,
