Investment is essential to guarantee the safety of the power grid, Louis Borgo, senior banker within the Power and Energy Department at the EBRD, told the ZF Power Summit seminar held by business daily Ziarul Financiar.
State-owned Transelectrica estimates that right now, without additional investment, it can absorb 4,000 MW from wind farms.
At the end of 2011, wind farm capacity in Romania stood at 1,000 MW, and it is expected to double by the end of this year.
Borgo added there are power grid connection contracts for a total 8,700 MW from wind farms.
The EBRD continues to fund the construction of wind farms in Romania. In 2012, the bank plans to fund the construction of five wind farms and one thermal power producer. According to Borgo, the overall value of energy projects funded by the EBRD in Romania reaches several hundred million euro.