The renewed TURNU MĂGURELE–NIKOPOL HYDRAULIC STRUCTURES ASSEMBLY project has been proposed for the status of a cross-border renewable energy project with EU funding opportunities
The joint project of National Electricity Company EAD and the Romanian company Hydroelectrica for the construction of the Turnu Măgurele - Nikopol Hydraulic Structures Assembly (TMNHSA) has successfully passed the evaluation stage and has been included in the List of the European Union's cross-border renewable energy projects. The list is pending final approval and publication in the Official Journal of the European Union.
The project is one of three projects approved for the whole of Europe in 2024. Its inclusion in the list and the prospect of obtaining the status of a cross-border renewable energy project is a significant milestone in its development, opening up opportunities for project support through the Connecting Europe Facility.
Turnu Măgurele - Nikopol Hydraulic Structures Assembly project is an important cross-border initiative between Romania and Bulgaria aimed at the optimal use of the Danube's hydropower potential. The project provides for two run-of-river hydropower plants using state-of-the-art technology and a large-capacity storage reservoir.
The project focuses on environmental sustainability and renewable energy production while meeting the needs of the local population and industry. The implementation of this project will support the joint commitment of Bulgaria and Romania to accelerate the achievement of the EU's sustainable energy targets and promote regional cooperation, and should serve as a model for international cooperation in the field of sustainable infrastructure. Additional benefits of the project are road, rail and energy connectivity, improved navigability and flood prevention.
The project will apply to the European Climate, Infrastructure and Environment Executive Agency (CINEA) for funding for feasibility studies.
Additional Information
The Connecting Europe Facility (CEF) Cross-Border Renewable Energy Projects (CB RES) list in the field of energy was launched for the first time in August 2022 and already includes eight projects.
The implementation of the cross-border projects will contribute to achieving the ambitious renewable energy targets of the European Green Deal as well as the objectives of the REPowerEU plan.
Due to the official CB RES status, the eight projects are eligible for financial support for studies and works under the ICE Energy Programme. They also enjoy greater visibility, increased certainty for investors and stronger support from Member States. Some projects have already received funding in 2023 and 2024.
CB RES projects are defined by the Connecting Europe Facility Regulation and aim to promote cross-border cooperation between EU countries (and between EU and non-EU countries) in the planning, development and cost-effective operation of renewable energy sources. CB RES projects can facilitate the integration of RES through energy storage or hydrogen production facilities to contribute to the EU's long-term decarbonisation strategy. CB RES projects must be set up through a cooperation mechanism as defined in the text of the Renewable Energy Directive.
