Romania: Delgaz Grid’s distribution network investments in 2021, SEE Energy News
With a priority on the modernization and expansion of the natural gas and electricity distribution networks, Delgaz Grid, a part of the E.ON Romania Group, said that it will invest 126 million euros this year. The budget allocated to investments is 11 % higher compared to the previous year, being also the largest in the last 16 years, since E.ON entered the Romanian energy market. In 2020, the company invested 114 million euros, primarily in the modernization of the distribution system.
In the natural gas sector, investments of 58 million euros are planned, an increase of 8 % compared to 2020, the main objective being the modernization of natural gas pipelines and connections. At the same time, in order to improve the quality of the service, the modernization of measuring regulation stations is planned. Another priority for this year is to expand the natural gas distribution system and connect new consumers.
In the electricity segment, investments amounting to 67 million euros are planned, an increase of 15 % compared to 2020, of which 5.4 million euros represent EU funds, mainly for further implementation of SCADA and automation of urban and rural distribution system, smart metering, modernization of the distribution network and its expansion to connect new consumers.
In 2021, the company will install over 22,000 smart meters and so about 22 % of its customers will benefit from smart metering. For the period 2021-2028, Delgaz Grid intends to install another 387,000 meters, which means that 45 % of customers will have smart meters installed by the end of 2028.
- June 11, 2021 Slovenia: MOL Group’ retail acquirement agreement with OMV
- June 11, 2021 Serbia: NIS’ environmental projects investments
- June 11, 2021 Romania: IFC’s investments in Raiffeisen green bond issue