Romania scales back first auction for renewables through CfD support scheme

Romania has scaled back a planned first tender for renewable energy projects to be financed through an EU-funded contract-for-difference (CfD) support scheme to 1.5 GW worth of wind and solar from 2 GW initially, the energy ministry said on Tuesday.

The CfD support scheme currently amounts to 3 billion euros and will ultimately cover 5 GW worth of projects. The first CfD tender, which the ministry said would be held by June, has yet to be scheduled.