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Bucharest
January 21, 2021
ECONOMY ENERGY

Petrom thermal power plant “takes advantage” of heat wave

Petrom’s thermal power plant in Brazi covered 6 per cent of Romania’s energy production in July. Halfway through this year the balance sheet of this gas-burning thermal power plant was in the red because the high production of low-price hydropower and renewable energy almost took it out of the market.

After the first half of the year in which it produced little or at times nothing at all, Petrom’s gas-burning thermal power plant in Brazi “came back to life” in July when Romania was engulfed by a heat wave. Thus, last month the Brazi power plant covered 6.2 per cent of the national production of energy, compared to 0.2 per cent in the same period last year.

With the drought cutting the energy production of hydropower plants by over 23 per cent, and with there being not much wind, the Petrom plant basically worked at maximum potential in order to cover the energy shortage on the market and the national energy system’s imbalances.

According to Transelectrica, in July the production of energy rose by 27 per cent year-on-year, mainly because of the drought. On the other hand, energy consumption grew by only 22 per cent, the difference between the two indicators representing energy exports.

The Brazi thermal power plant has an installed capacity of 860 MWh, Petrom having invested EUR 530 M in it, the biggest private greenfield investment in electricity production in Romania.

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