Transelectrica said that it will invest some 10.5 million euros in the upgrade of a substation in Bucharest.
The statement from the company said that the investment includes modernization of the 110 kV and 10 kV stations in order to improve the quality and the reliability of the supply. As part of the upgrade, two units of 250 MVA 400/110/20 kV transformers will be installed, which will increase the power at the level of the Bucharest South substation and make the supply more flexible through the direct connection between the 400 kV and 110 kV stations.
In early November, the Regulatory Committee of the National Energy Regulatory Authority (ANRE) has approved the investment plan of Transelectrica for the 2022-2031 period, totaling some 1.45 million euros.
According to the plan, 29 % of the total value of the planned investments in the period is allocated to modernizing the existing electricity transmission network, 26 % for the integration of production from renewable sources and from other new plants and 30 % for increasing the interconnection capacity.
The development plan also integrates the projects of common interest (PCI) that contribute to the implementation of the strategic priorities of the European Union regarding the trans-European energy infrastructure such as the Black Sea Corridor, the Mid-Continental East Corridor and the North CSE Corridor, with estimated commissioning dates in the period 2025-2030 and interconnection projects, which aim to achieve the objective regarding the degree of interconnection of 15 % by 2030, established at the level of the European Commission.