Saturday, December 2, 2023
HomeRenewablesRomania to advance with EU recovery plan milestone for energy efficiency funding
Powered by

Romania to advance with EU recovery plan milestone for energy efficiency funding

Romania’s Ministry of Energy announced on Friday (10 November) that it has launched public consultations for a draft legislation on the implementation of contracts for design and energy performance services.

The removal of administrative obstacles to energy performance contracts is a reform milestone needed to unlock funding under Romania’s EU National Recovery and Resilience Plan.

The draft legislation would approve the stages of the contracting procedure for design and energy performance services at the level of industrial operators and local administrative units. Additionally, it would establish a Monitoring Committee for the Design and Energy Performance Service Contract, monitoring the activities of energy service companies (ESCO), including independent specialists alongside representatives of Romania’s Energy Ministry.

“One of my main priorities is to meet all the milestones and reforms that the Ministry of Energy has undertaken in the National Recovery and Resilience Plan. Today, we are on track to achieve a new milestone, vital for the Romanian economy. Alongside the Emergency Ordinance on green financial instruments, currently under interministerial review, the government decision published today in consultation creates the necessary legal framework to facilitate investments in energy efficiency in the industry,” said Sebastian Burduja, Minister of Energy.

The Energy Ministry said that it has already conducted consultations with environmental organisations and academic institutions. All interested parties have until November 20 to provide proposals and suggestions.

Sign up for our newsletters

    Monthly newsletter – Delivering the most important energy stories of the month selected by our Editor-in-chief
    Weekly Oil&Gas roundup - All major news about the oil and gas industry, LNG developments, the upscaling of new gases and related EU regulations arriving in your mailbox every Monday.
    Weekly Renewables&Climate roundup - All major news about investments in renewable energy sources, environment protection, green hydrogen and new innovative ways to tackle the climate crisis arriving in your mailbox every Tuesday.

    Most Popular