RWE pulls out from wind farm project

A Lastest News about Energy in Romania

Last updated: 19 Jan 2011


In March Iberdrola will start to install its first wind power turbines in Romania’s Valea Dacilor locality (Dobrogea), turbines that will start producing electricity this year, Adrian Goicea, the Spanish energy group’s director for Romania, stated during a conference on energy issues, being quoted by Mediafax. “We want to finish this 80-MW project in 2011,” Goicea added. He added that Iberdrola is discussing with Transelectrica (TEL), the operator of the national energy system, connecting to the grid approximately 600 MW of installed wind power.
Likewise, GE and Monsson Alma are jointly taking part in two projects that will feed another 35 MW of wind power into the country’s energy grid. On the other hand, GE announced in a press communiqué that it will supply 10 wind power turbines of 2.5 MW each and will offer maintenance works for ten years as part of the Silistea 1 project that will be owned by the SC Romconstruct Top SRL company, as well as 4 wind power turbines of 2.5 MW each and maintenance works for five years as part of the Mireasa 2 project owned by SC Eco Power Wind SRL.
Also, Monsson Group, controlled by businessman Emanuel Muntmark, will finalise, in the coming months, the documentation for wind power projects up to 1,000 MW, which it wants to put on sale, while keeping a minority stake in each of these projects, sources close to the group announced. The projects will be located in the regions of Banat, Dobrogea and Moldova, in 2011 and 2012, and will sum up to 1,000 MW. According to European regulations, 24 per cent of the energy produced at national level should come from renewable sources by 2020.
Romania recently consolidated its renewable energy legislation, extending the availability of green certificates issued for renewable energy projects from 2015 to 2017 and improving other financial incentives for wind power developers.
However, RWE will no longer build a wind farm in Dobrogea because it has failed to obtain the construction permits, Karin Canta, the German group’s director of wind power projects for South-East Europe and Turkey, stated. “Yesterday (Monday – editor’s note) RWE sold back to Sabloal the 90 per cent participation it had within the 147-MW wind power project in Mihai Viteazu because the company failed to obtain the necessary construction permits. Apart from that there was also a problem with the ownership rights over the plots of land,” Canta stated. RWE bought its participation in this project from Oradea-based Sabloal in December 2009.
According to Canta, the German group will not give up its plan to produce energy from wind power and is interested in buying some micro hydropower plants. “We are negotiating the taking over of two wind power projects in Dobrogea and Galati,” Canta added. The German group is also taking part in the project to build reactors 3 and 4 within the Cernavoda nuclear power plant.
However, according to sources close to the project, RWE may announce its withdrawal from this investment next week, its participation set to be taken over by state-owned Nuclearelectrica. According to the aforementioned sources, the rest of the companies involved will not pull out of the nuclear project.
Likewise, the state plans to lower its participation within EnergoNuclear to 40 per cent, sources familiar with the project stated. GDF SUEZ (France /Belgium), Iberdrola (Spain), Enel (Italy) and ArcelorMittal Romania also are EnergoNuclear’s shareholders.

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Posted: 19 January 2011, last updated 19 January 2011

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