Ministry of Energy: 19 financing contracts through PNRR for the modernization of the industrial sector

The Minister of Energy signed today 19 financing contracts, in the total amount of 100 million RON, within Investment 5 of the PNRR – Component 6 Energy – Ensuring energy efficiency in the industrial sector.

“The contracts signed today will help economic operators in the industrial sector to more easily manage their energy costs and increase their production. From the beginning, through this call, we signed 48 contracts totaling over 525 million RON. This funding will help businesses upgrade their equipment and implement energy efficient solutions. These significant investments will allow companies to reduce their production costs, increase competitiveness and contribute to the development of the national economy. The modernization of equipment and the implementation of energy management systems will bring significant benefits: reducing energy consumption by up to 70% on specific components, reducing carbon emissions and – very importantly – increasing the competitiveness of the Romanian economy. Higher incomes for the Romanian capital mean better-paid jobs”, declared the Minister of Energy, Sebastian Burduja.

Under this measure, the following types of activities and investments are eligible:

– Specific installations/equipment for industrial enterprises, based on audit and energy balance (for example: equipment that make up production lines, motors, transformers, air compressors, pumps, installations/equipment/ventilation systems, heating/cooling systems, boilers, burners, heat exchangers, frequency converters, capacitor banks, integrated energy consumption management systems and others);

– Constructions related to the industrial process only for the purpose of the correct operation of the installations/equipment.

– The implementation of a system dedicated to the modernization, monitoring of equipment and the efficiency of energy consumption at the level of economic operators will necessarily include the installation of an EMS energy management system that will ensure a general metering of energy consumption, will produce statistics on consumption, it will record and analyze centralized data, deliver a periodic report on this data and optimize energy consumption in real time.

Investment 5 – Component 6 – Energy has as its main objective the financing of projects to modernize and improve energy efficiency at the level of economic operators in the industry. Financing is provided from European funds related to PNRR. The aim of this measure is to streamline technological processes and achieve energy savings and reduce greenhouse gas (GHG) emissions by at least 30% compared to emissions measured before the grant of funding.

The total allocated budget is 64,000,000 euros, and the eligible investments include the installation and modernization of specific equipment, constructions related to the industrial process and the implementation of a dedicated energy consumption management system.