Electricity distribution companies within the Electrica Group have made investments of over 4.2 billion RON in 2014-2020
Distributie Energie Electrica Romania (DEER), part of the Electrica Group, completed investments of 4.2 billion RON in the period 2014-2020 for the modernization and refurbishment of electricity distribution networks.
In 2020, DEER made investments in a proportion of 100.5% compared to the plans approved by ANRE. Thus, the total value of investments made and already put into operation was 596 million RON, compared to 593 million RON as planned (202 million RON in the North Muntenia area, 190 million in the North Transylvania area and 204 million in the South Transylvania area ).
The total investments assumed and made by the electricity distribution companies within the Electrica Group, in the period 2018-2020, exceeded the value of 2 billion RON.
The most important investments aimed at improving the quality of the distribution service and increasing operational efficiency, by modernizing, automating facilities, implementing modern technologies as well as increasing energy efficiency by reducing network losses.
For 2021, the DEER investment plan remains an ambitious one, the planned investments from own sources cumulating approximately 639 million lei planned expenses, of which approximately 28% target energy efficiency works, 22% works for improving the quality of distribution service (continuity in supply and energy quality) and 27% works to create the conditions for connecting consumers.
In addition to the approved annual investment plan, each distribution operator has the legal obligation to finance the construction of connection installations for domestic customers as well as for non-household final customers whose connection installation is less than 2500 meters.
For the medium term, the company plans to further modernize the network infrastructure, accelerate digitization, develope alternative channels for user interactions, and create a modern work environment for employees, by implementing the concept of Digital Distribution. In the long run, the company’s projects are oriented towards the concept of smart grid, in line with industry trends.