The Mintia thermoelectric power plant project will be partially implemented this year, and out of the 1,737 megawatts, we hope that 1,096 will be accessible, which will mean liquidity on the energy market, a competitiveness that will lead to a decrease in prices in the first place, declared on Monday the Secretary of State in the Ministry of Energy, Pavel-Casian Nitulescu, at a specialized event.
"A major objective in developing production capacities from renewable sources are these investment projects; the impact of these investments is directly seen in the economy - more stable and competitive energy ultimately reduces costs for industry, reduces bills for consumers, whether they are households or non-households, supports the development of new technologies, stimulates private investments and contributes to everything that job creation means. At the same time, we are thinking about many long-term investments, such as the Mintia project, which this year will be partially implemented - it will not be in full - the 1,737 megawatts will not enter the band in full, but we hope that 1,096 will be accessible, which will mean fluidity, liquidity on the energy market, competitiveness that will lead to lower prices in the first place. That is what interests us the most", the official said.
Also, in 2027, new gas molecules from the Neptun Deep field will enter the circuit, and at the end of this year the Iernut thermoelectric power plant should be completed.
"With small steps, we are starting to finalize the project started at Neptun Deep, and next year, 2027, new gas molecules will enter the transport and use circuit in Romania, Mintia being one of the largest gas consumers, approximately 2.5 billion cubic meters, and the Iernut project, extended annually, we hope to be completed through the self-control that Romgaz has taken over. 430 megawatts is quite important," he mentioned.
In addition, in 2029, the capacities at Isalnita and Turceni will be put into operation, and Romania has the chance to consolidate its position on the energy map of Europe.
"Speaking of restructuring, of the plan to reduce certain capacities, at least from CEO Oltenia, we had the two capacities that were supposed to be put into operation last year, but it was extended until 2029. We are talking about Isalnita and Turceni. Fortunately, in Turceni we have a bidder, it is in the evaluation procedure, and in I?alni?a it is possible to modify the investment threshold. So, in the coming period, Romania has the chance to consolidate its position on the energy map of Europe, and I believe in what I say, through increasingly intelligent investments, investments in production, transport, distribution, in electricity and natural gas, through policies that are as coherent as possible, with a more direct dialogue and collaboration with all the factors involved in the development of the energy sector. Even from the decision-making authorities to the economic authorities, the communication that we have "We had it related to everything that the increase in fuels on the market means, on the global market first and then on the Romanian market, constant stability was attempted through these commercial stocks that will last us, from everyone's point of view, until April 15, and the emergency stocks that are left for long-term protection, with a possibility of use for up to 90 days," Nitulescu said.
The Secretary of State also referred to the fact that gas stocks were sufficient for the winter period, currently having almost 800 million cubic meters in storage.
"There is a lot to say, especially since we are also in the finalization period of the winter energy shutdown - March 31 - and I can even say with pride that we have successfully passed this five-month period with gas stocks that provide us with ease for the next cycle, from April 1. We have approximately 28% of the storage share at the moment, which means about 800 million cubic meters of gas in warehouses. In terms of energy resources, we are also doing quite well. At the beginning of the year, we benefited more from the weather conditions, both on the wind and hydropower side, and we have overcome any obstacle that was put in front of us", he assured.
In another vein, Niţulescu admitted that, without secure, accessible, sustainable energy, one cannot discuss investments, industry, or even balanced regional development.
"At a global level, energy has ceased to be a necessity, it has become a factor of influence. We see the current war, the hybrid war, in which energy itself is the measure of exchange. But we, as an energy sector, can say that we represent a backbone of everything that underpins and develops the Romanian economy. Without secure, accessible, sustainable energy, we cannot talk about investments, about industry, we cannot talk about anything, not even about balanced regional development. For this reason, investments in energy are not just sectoral projects, they are investments in the competitiveness of the entire economy. We, as a state, have an important advantage, namely that we have a fairly diversified and balanced energy mix, with significant natural energy resources and a real potential to become, even if for several years we have been saying, I say that we will become a regional energy hub," the ME representative pointed out.
The Focus Energetic publication organized, on Monday, at the Palace of Parliament, the XLIV edition of the Focus Energetic Conferences, "The Influence of Investments in the Energy Sector in Increasing the Competitiveness of the Romanian Economy".
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