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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.

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