In the field of electricity production, Romgaz has set itself the goal of “improving the efficiency of its activities by making investments to increase the efficiency of the Iernut Thermal Power Plant (CTE) to at least 55%, complying with environmental requirements (NOX, CO2 emissions) and increasing operational safety”.

Results:

>>   Implementation of the Iernut CTE modernization/development project, namely the design, delivery of equipment, execution of the necessary works and commissioning.

>>   Improvement of technical and economic parameters, increase in operating life and compliance with the provisions of “Directive 2010/75/EU of the European Parliament” on industrial emissions.. We mention: increasing energy efficiency, increasing flexibility in the operation of the groups, as well as reducing polluting emissions (CO2, NOX, etc.) Specifically: reducing the costs of producing electricity, correlated with reducing the consumption of hydrocarbons for the production of electricity, as well as making this activity more efficient by adopting high-performance technologies, which generate minimal specific consumption.

>>   Increase in operating safety.

>>   Positive impact on the safety of the National Energy System through:

>>   Increase and improve voltage stability conditions as well as the quality of electricity by ensuring a significant reserve of reactive power for voltage regulation;

>>   The adequacy level (the ability of the electric power system to permanently satisfy the power and energy demands of consumers) of the SEN, given the operation with an alternative fuel to those existing in the SEN, by ensuring energy supply during periods when there is a deficit from this point of view in other types of power plants (reduced hydroelectric power during periods of drought, reduced photovoltaic power during periods of high cloudiness, reduced wind power during periods of low wind speeds);

>>   Compensating for the high variability of electricity production from renewable production sources through the superior technical capabilities of fast charging/discharging groups.

>>   Positive impact on the environment and in terms of nature conservation: measures favorable to biodiversity, improvements in air quality, discharged water quality, visual impact, as well as noise reduction.

>>   Social impact: creating and maintaining long-term jobs in the area, the project representing a substantial investment for the local economy.

Total value: 269,000,000 euros, excluding VAT.