What is Romania’s potential for hydrogen production? Who are the main players that produce hydrogen in Romania? How to reach their Decision Makers? Go to this link for more details: https://market-entry-romania.blogspot.com/2023/01/hydrogen-production-in-romania-frd.html
The FRD Center has been briefly researching this sector and has generated a “demo” report available for free download at the link https://www.frdcenter.ro/wp-content/uploads/2023/01/Hydrogen-production-in-Romania-FRD-Center-demo-report.pdf
How to reach the Decision Makers in the industrial sector in Romania and Emerging Europe? Are you looking to initiate a strategic collaboration or to acquire a local player and expand to Eastern Europe? Email us at europa@frdcenter.ro
Perhaps the FRD Center team can add value to your efforts with strategic business introductions in the Romanian industrial manufacturing, engineering, energy, building-assembly, metal constructions, steel works etc.
Email us at europa@frdcenter.ro and consult the link https://market-entry-romania.blogspot.com/2022/10/strategic-business-introductions-in.html
Topics in this FRD Center analysis are:
1. Why Romania?
2. Development plans
3. Players
4. Institutions
5. Legislation
6. Foreign collaboration
7. Events and communication
8. Investors and investments
According to players in the energy investment area and to sectors experts, Romania’s most important key advantage point for hydrogen production is the renewable energy production capacity.
It is considered that, once this cheap, competitive hydrogen from renewable energy has been produced, Romania can benefit from its huge gas transmission and distribution network. This is also an extremely powerful card for Romania, not only at the regional level, but at the European level.
Furthermore, in Romania there are all the hydrogen consumption applications where this energy can be capitalised. Romania has refineries where it can be exploited, also used in the production of steel, in the chemical industry, especially in the production of ammonia and fertilizers. Hydrogen can be used in the transport industry, especially heavy transport, in maritime transport, civil aviation.
Beyond the European funding, the legislation will bring money – investments of hundreds of billions of euros – from multiple sources, including banking, investment funds etc. to the hydrogen area.
For more details consult the FRD Center “demo” report HYDROGEN PRODUCTION IN ROMANIA available for free download at the link https://www.frdcenter.ro/wp-content/uploads/2023/01/Hydrogen-production-in-Romania-FRD-Center-demo-report.pdf
In October 2022, The Romanian Ministry of Energy has started the process of developing the “National Hydrogen Strategy and Action Plan”, part of the National Recovery and Resilience Plan (PNRR)
Relevant decision makers consider that the initiation of the process of developing the “National Strategy for Hydrogen”, part of the National Recovery and Resilience Plan (PNRR), is an important step for the creation of a functional hydrogen market in Romania and for the development of investments in this field.
Hydrogen production in Romania is a topic of great interest in the current context of decarbonisation of heavy industry or road freight transport.
As part of the reform no. 4 of the National Recovery and Resilience Plan (NRRP), Romania has to develop by the end of March 2023 a national hydrogen strategy and a strategic action plan with policies to guide, coordinate and mobilise public and private investments in the production, storage, transport and use of hydrogen.
Romania envisages an important role for the renewable (green) hydrogen in its future energy system. According to the Integrated National Energy and Climate Plan 2021 – 2030, Romania could opt for the use of hydrogen in industrial processes, considering that the replacement of the natural gas with hydrogen from renewable sources would result in significant decarbonisation and it is in line with the RepowerEU plan to reduce the use of fossil fuels from Russia.
For more details consult the FRD Center “demo” report HYDROGEN PRODUCTION IN ROMANIA available for free download at the link https://www.frdcenter.ro/wp-content/uploads/2023/01/Hydrogen-production-in-Romania-FRD-Center-demo-report.pdf
In June 2022, the Romanian Ministry of Energy approved a State aid scheme with the total budget of almost 150 mEUR through the NRRP to support investments in the construction of capacities for the production of renewable hydrogen via electrolysis. The scheme applies until 31 December 2023 and the maximum aid to be granted may not exceed 50 mEUR per investment project, per undertaking.
The scheme is open to micro, small, medium-sized or large enterprises active in the production of hydrogen or electricity, to administrative-territorial units, R&D national institutes in the field of energy, including associations or partnerships formed by those players.
According to the Vice President for Business Development of OMV Petrom, Romania could become a European hub of blue hydrogen as the country has gas resources, carbon storage capacities and a varied industry that can use this resource.
How to access the Decision Makers in the companies you are targeting for a strategic partnership in Romania? Are you looking to buy a company in Emerging Europe? Do you know if its Owner wants to sell? How can you get to speak to her / him?
Perhaps the FRD Center team can add value to your efforts with strategic business introductions in the Romanian and East European energy, industrial manufacturing, IT&C, building-assembly, engineering, chemicals, agriculture, BPO and outsourcing, metal constructions, steel works etc.
Email us at europa@frdcenter.ro and consult this link for more details: https://market-entry-romania.blogspot.com/2022/10/opportunity-alert-facilitation-of.html
ICSI – the National Research and Development Institute for Cryogenic and Isotopic Technologies – https://www.icsi.ro/ – operates under the coordination of the Ministry of Research, Innovation and Digitalization. It includes a department – ICSI Energy – focused to develop, implement and disseminate hydrogen-based technologies in order to achieve a “hydrogen economy” in Romania.
The Intelligent Energy Association – https://asociatiaenergiainteligenta.ro/ – brings together professionals from the hydrogen, natural gas, electricity and energy efficiency fields in Romania. In October 2022, it participated at a meeting with the Ministry of Energy to prepare the national hydrogen strategy.
Part of the KMG International Group, Rompetrol Rafinare SA – https://rompetrol-rafinare.kmginternational.com/ – owns the Petromidia and Vega refineries. The Petromidia refinery has a hydrogen cracking plant. Rompetrol Rafinare targets a production of almost 4 million tonnes of fuels in 2022, out of over 5 million tonnes of raw materials targeted for processing. The firm recorded a net turnover of around 2.5 bn EUR in 2021.
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