Romania aims to attract additional wind farm investors through a new Contracts for Difference auction

Romania Announces New Wind Farm Auction Under CfD Scheme

The Romanian Ministry of Energy has invited investors to propose more wind farm projects for a new auction under the Contract for Difference (CfD) scheme. This announcement marks the country's third renewable energy auction, following the successful completion of the second auction in August 2025.

The European Bank for Reconstruction and Development (EBRD) supported Romania in delivering the second successful renewable energy auction, which awarded 2.75 GW of CfD-backed capacity. Combined with the capacity from the first auction, the total now stands at 4.2 GW. However, the Ministry approved projects with an installed capacity of only 1.26 GW out of the planned 2 GW in the previous auction.

The specific details about the capacity to be auctioned and the deadline for the new round have not been specified in the announcement. The new auction is contingent on sufficient interest being expressed by the market.

In the previous CfD auction, eight companies submitted 26 winning solar bids, securing a total capacity of 1,488 MW. The bid prices ranged from €35.50/MWh to €45.20/MWh, averaging €40.46/MWh. The lowest price asked by investors was EUR 65.17 per /MWh, while the largest project that qualified had a capacity of 211 MW.

The announcement does not provide information about the timeline for the analysis or the expressions of interest process. It also does not mention any specific requirements or criteria for the proposed wind farm projects.

Interestingly, the Ministry is considering projects with sufficient maturity that were unable to attend the previous auction due to a tight deadline. The new auction will offer a guaranteed price for investors over 15 years, but the maximum exercise price accepted by the authorities in the previous auction was EUR 80 per MW.

The second auction results surpassed the national target of 3.5 GW set under Romania's Recovery and Resilience Plan (PNRR). This new auction presents an opportunity for investors to contribute further to Romania's renewable energy goals and the country's overall energy transition.

As always, the details of the new auction are subject to change as more information becomes available. Stay tuned for updates on this developing story.

Romania aims to attract additional wind farm investors through a new Contracts for Difference auction