National DC Cable Project Advances with Arab and American Agreements

The National Electric Energy Transport Company “Transelectrica” ​​SA signed, together with Abu Dhabi National Energy Company PJSC (TAQA), Meridiam SAS, E-INFRA (Electrogrup Infrastructure SA) and Fluor Transworld, the Memorandum of Understanding in carrying out a feasibility study, for the construction of a direct current high voltage line and conversion stations on the territory of Romania (HVDC), according to an announcement submitted to the Bucharest Stock Exchange.

“On October 16, 2023, the project was submitted by CNTEE “Transelectrica” ​​SA together with MAVIR (the Hungarian electricity transmission operator), as promoters for inclusion in the 2024 edition of the 10-year Network Development Plan ( TYNDP). After verifying the eligibility conditions established by ENTSO-E, the project will enter the analysis stage of benefits and costs at the European level. This process will be carried out within ENTSO-E through the uniform application of the same methodology and the same scenarios established to estimate the future evolution of electricity production and consumption at the European level”, the information sent to BVB also states.

“The High Voltage Direct Current Interconnector (HVDC) 5000 MW will ensure the evacuation of very large amounts of green energy, allowing Romania and the region to exploit its important energy resources in the Black Sea area, and Europe one of the largest green energy sources, through the corridor Romania – Hungary – Austria – Germany. With the energy resources of the Black Sea Basin and the interconnections with the Black Sea riparian countries, Romania will become an energy hub for the whole of Europe. I believe that in this way, in addition to energy stability, Romania will also have one of the lowest energy prices in the coming years and will position itself as a leader in the European and global energy sectors. We have all the assets to assume and live up to this role”, said Sebastian Burduja, the Minister of Energy, this summer.

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