Romania: Electricity generation investment plans at Alro

, SEE Energy News

Alro is aluminium producer and the largest electricity consumer in Romania and its consumption profile is mainly band-type (constant through the day). Last year, the company consumed 3.22 TWh of electricity (a decrease compared to 2019), worth some 330 million euros.

Alro, the largest electricity consumer in the country, said that it plans to invest in the construction of gas-fired power plant in Slatina, cogeneration power plant in Tulcea and several solar and wind based electricity generation facilities.

This comes a week after the company announced that it would have to procure about 30 % of its electricity needs on the spot market because several suppliers have terminated long-term supply contracts with Alro.

According to the company, the gas-fired plant should be commissioned by 2025, while RES projects are even further along – the deadline is 2030. Besides, the company also plans to sign new, long-term (up to 15 years) electricity supply contracts with reputable suppliers.