Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Virgil Popescu : 1.62 billion euro is allocated for...

Virgil Popescu : 1.62 billion euro is allocated for energy in PNRR

December 2, 2021

 The budget allocated to energy in PNRR is 1.62 billion euro, the highest sum, of 515 million euro, to be directed to the infrastructure of gas distribution from renewable sources and the production capacities of green hydrogen, according to the interim minister of energy, Virgil Popescu.The minister presented on Friday on Facebook the investments in energy towards which the money allocated through PNRR goes. It is about new production capacities of electricity from renewable sources – 460 million euro, the development of a legislative framework and regulation favourable to the technologies of the future, especially hydrogen and stocking solutions – one million euro, infrastructure of gas distribution from renewable sources – using natural gas in combination with green hydrogen as a transitory measure) as well as production capacities for green hydrogen and/or its use for electricity storage – 515 million euro, the development of capacities of gas production, flexible and high efficiency, for the cogeneration of electricity and thermal energy (CHP) in the sector  centralized heating, with a view to decarbonisation – 300 million euro, industrial chain of production and/or assembly and/or batteries recycling, cells and photovoltaic panels (including auxiliary equipment) and new capacities of electricity storage – 280 million euro, energy efficiency in the industrial sector – 64 million euro.    ‘Due to these investments, radical changes will be made in the energy system of Romania! As a total, through PNRR, Romania will benefit from 29.2 billion euro. The money will be offered in installments, depending on the meeting some objectives, called landmarks and targets. As a total, there are 507 landmarks and targets to meet until 31st December 2026’ said Virgil Popescu.The president of the European Commission, Ursula von der Leyen, announced on her Twitter account that Romania’s PNRR was approved by the EU Council.  

Read in full - click here
Romanian producer Senneville opens EUR 4 mln refrigerated dessert factory in Hunedoara

Romanian dessert producer Senneville has officially opened a new state-of-the-art refrigerated dessert factory in Călan, Hunedoara county. The facility is the first of its kind entirely developed by a Romanian-owned company and represents a EUR 4 million investment funded through a combination of company capital, bank loans, and EU support via the Just Transition Program […]

Riots against Romanian community in Northern Ireland continue after rape attempt allegations

The small town of Ballymena, in Northern Ireland, saw its third night of violence after two Romanian teenagers were accused of attempting to rape a teenage girl. Wednesday night’s violence consisted of clashes between masked individuals and the police. Law enforcement responded with water cannons to Molotov cocktails and fireworks launched by several hundred people, […]

Inflation in Romania rises to 5.5% in May 2025, up from 4.9% in April and March

The annual inflation rate in Romania in May 2025 compared to May 2024 was 5.5%, according to data published by the National Institute of Statistics (INS). The figure in April 2025 compared to April 2024 was 4.9%, the same level as in March.  Data also reveals that the average rate of change in consumer prices […]

Cooling stations for pedestrians installed in Bucharest amid summer heat

Bucharest City Hall has begun installing modern cooling stations across the city to help pedestrians cope with rising summer temperatures. In partnership with Apa Nova București, the municipality has introduced a pilot project that will see six misting installations placed in high-traffic areas of the capital. The first cooling station has already been installed in […]

Majority of Romanians expect improved foreign policy under president Nicușor Dan, survey finds

More than half of Romanians believe the country’s international representation will improve during the presidency of Nicușor Dan, according to the latest Barometrul Informat.ro – INSCOP Research survey conducted...

A day of celebration and giving back – Cambridge School of Bucharest’s Summer Fair

As the academic year winds down, Cambridge School of Bucharest community came together for one of its most beloved traditions: the annual Summer Fair. This year’s event was even more special, as it marked the 30-year anniversary of the school. What began as a modest educational institution has, over the decades, flourished into one of […]