Romgaz exploring Romania’s green hydrogen production opportunities.
Romanian natural gas producer Romgaz opened a 1.39 million lei ($302,000/ 284,000 euro) tender for a study to assess local green hydrogen production opportunities.
Romgaz expects the study to identify investment opportunities for the green hydrogen segment within a period of six years, according to specifications accompanying the tender notice published on Romania’s electronic public procurement system, SEAP.
Thus, Romgaz seeks to gain a strategic position on Romania’s emergent green hydrogen production market, as part of its 2021-2030 plan to produce energy with low carbon dioxide emissions through large-scale use of renewable sources.
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Tendering for the study is open until January 25.
Romgaz is the largest natural gas producer and the main supplier in Romania, in which the state owns a 70% stake.
Shares in Romgaz traded 0.88% higher at 40.35 lei as at 1137CET on Friday on the Bucharest Stock Exchange.
Earlier this month, Swedish energy systems manufacturer Metacon said that it has entered into a master supply agreement with Romania’s Ground Investment Corp for a 10 MW containerised hydrogen generation plant worth 16.13 million euro ($16.9 million).
In August, the European Commission approved a 149 million euro Romanian funding scheme made available through the Recovery and Resilience Facility to support the production of renewable hydrogen.
In June, Romanian majority state-owned hydro power producer Hidroelectrica said it is seeking consultants to draft a feasibility study for the construction of a 300 MW photovoltaic plant and a green hydrogen production plant on Olt river.
(1 euro=4.8981 Romanian lei)SNGN Romgaz SA is among the biggest companies in SEE, for more reference take a look at Top 100 companies
Romgaz exploring Romania’s green hydrogen production opportunities, BUCHAREST (Romania), December 23, 2022
