The European Commission has approved, under EU State aid rules, an estimated €3 billion German scheme to support the construction of the Hydrogen Core Network.
OMV Petrom announced a revision of their 2030 strategy, focusing on a bigger push for renewable energy, sustainable fuels, and making electric vehicles more accessible.
The refinery currently supplies around 30% of Romania's fuel needs and will continue to play a key role in the transport sector.
RWE has secured funding for its Eemshydrogen initiative aimed at constructing a 50-megawatt electrolysis facility to produce green hydrogen.
These contracts have been signed with the Ministry of Energy and involve a maximum funding of €50 million, while the total investment is around €140 million.
The President of Romania, Klaus Iohanis, has promulgated the Law on the integration of hydrogen from renewable sources and with low carbon emissions in the industry and transport sectors.
OMV Petrom, the largest integrated energy company in Southeast Europe, announces the signing of a financing contract through the National Plan for Recovery and Resilience for the construction of a hydrogen production capacity by water electrolysis at the Petrobrazi refinery. The contract was signed with the Ministry of Energy, for a maximum value of about €39 million, the total investment being estimated at about €74 million.
E-Infra started the project of a green hydrogen plant of 5 MW, in Turda, financed by PNRR. The facility would produce, annually, about 518 tons of green hydrogen, and the commissioning date is June 30, 2025. The total value is RON50.2 million (€10.04 million).
Delgaz Grid begins, in the Mediaș training ground, the tests within the 20HyGrid project, through which it aims to validate the use of the technological solution based on the mixture of 23% hydrogen with natural gas. The company shows that Romania has the remarkable potential both in terms of the production of green hydrogen, but also in terms of the production of renewable energy from which green hydrogen is produced.
Several Romanian companies receive money from the state through PNRR for green hydrogen production. The Ministry of Energy signed financing contracts for 7 projects to build green hydrogen production capacities.
Europe emerges as the largest producer of green hydrogen, the “clean” energy that could transform by 2030 the heavy industry, refinery, aviation, road freight and sea transports.
OMV Petrom is implementing measures to reduce its GHG emissions footprint by transitioning from non-renewable energy sources to renewable energy sources.
Romania's Competition Council has given the green light for Premier Renewable to acquire Eolica Dobrogea One.
The World Bank Group's Board of Executive Directors has approved a Development Policy Loan (DPL) for Romania, amounting to €599.1 million.
The European Commission has decided to initiate infringement proceedings by sending letters of formal notice to the 27 EU member states for failing to meet waste collection and recycling targets.
Consumers returned 350 million DRS packaging in June, 41% more than in May. The collection rate was 50% in June.
