Euro Sun close to getting final approvals for gold-copper project in Romania
Canada-based Euro Sun Mining said on Thursday that it is close to getting the final approvals it needed in order to obtain an exploitation permit for its Rovina Valley gold and copper project in Romania.
The company has submitted the Strategic Environmental Assessment (SEA) along with the Zonal Urban Plan (PUZ) – the final documents required prior to seeking approval by the environment ministry and subsequently getting the permits for construction, it said in a press release.
“We believe that the Rovina Valley project will provide access to significant employment and economic value in the Hunedoara area and would be a key strategic asset for Romania and the EU,” Euro Sun Mining chief operating officer Sam Rasmussen said.
The company aims to become a critical supplier of copper and gold for development of the European Union.
“Two significant examples of responsible mining are the lack of cyanide in the Rovina Valley Project’s processing circuit and the placement of dry or filtered tailings, eliminating the possibility of a catastrophic dam failure. The Rovina Valley project will provide strong economic benefits to all our local communities, the region and to the Romanian state incorporating the highest environmental practices,” Euro Sun Mining CEO Scott Moore said.
In February, Euro Sun Mining entered into a 3.5 million Canadian dollars ($2.75 million/2.42 million euro) convertible security funding agreement with Lind Global Fund II, part of which it plans to invest in the Rovina Valley project.
In March 2021, Euro Sun announced that it estimates a robust gold and copper output and total initial capital expenditures (CAPEX) of $399 million at Rovina Valley, following positive results of the definitive feasibility study which uncovered a potential average annual gold equivalent production of 146,000 ounces over the first ten years, consisting of 106,000 ounces of gold and 19 million pounds of copper per annum.
Toronto-listed Euro Sun is a mining company focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania, which hosts the second largest gold deposit in Europe, SeeNews reports.
Green activists attempt to block major gold mining project in Romania
Romanian NGO Declic, a member of the Mining Watch Romania network, reportedly managed to block the gold and copper mining in Rovina developed by the Canadian company Euro Sun Mining (formerly Carpathian Gold), the largest gold and copper mining project in the European Union.
Mining Watch Romania announced that Declic became the owner of three plots of land strategically located in the landfill area.
“It is not clear how Euro Sun can continue the project without the approval of landowners,” Mining Watch Romania said.
The Rovina gold deposit, the second largest in Europe, holds resources estimated at 204 tonnes of gold and over 635,000 tonnes of copper.
Earlier this year, Euro Sun received the approval of the Romanian authorities for the initiation of the Strategic Environmental Assessment (SEA) related to the project, an important step towards obtaining the building permit for the extraction facilities.
Later in the summer, based on this approval from the state, Euro Sun Mining decided to list its shares on the London Stock Exchange, based mainly on the Romanian project.
Source: romania-insider.com
Romania, Rovina gold mining project in Romania close to getting final permits
The operator of the gold project Rovina in central Romania, the Canadian company Euro Sun Mining (formerly Carpathian Gold), announces that it is still waiting for the construction permit to go ahead with the planned USD 400 mln investments, Profit.ro reported.
The Rovina gold deposit, the second largest in Europe, contains measured and indicated resources of 204 tonnes of gold and over 635,000 tonnes of copper.
Euro Sun recently received the approval for the initiation of the Strategic Environmental Assessment (SEA) related to the project, a process necessary to obtain the construction permit.
According to the updated feasibility study, Euro Sun aims for an average annual production of 3.3 tonnes of gold and 95 tonnes of copper in the first ten years. Euro Sun, through its subsidiary Samax Romania, obtained the gold mining license from Rovina for an initial period of 20 years in 2015, the document being ratified by the Government three years later.
According to the company’s estimates from 2015, the value of mining production in Rovina was indicated at USD 3.6 bln for gold and USD 1.7 bln for copper, with royalties to the state of USD 310.4 mln during the project.
Source: Romania Insider
Canadian investor disappointed after Rosia Montana mining landscape added to UNESCO’s world heritage list
The historic site of Rosia Montana, a gold mining site dating back to the period of the Roman Empire, was included on UNESCO’s world heritage list on July 27, prompting the most diverse reactions
The most expected one came from Gabriel Resources – the Canadian TSX Venture Exchange listed firm that operates Rosia Montana Gold Corporation, the project company for the gold mining project located in the area subject to UNESCO decision. It previously asked for damages of USD 4.4 billion from Romania at the International Centre for Settlement of Investment Disputes (ICSID) in Washington for the blocking of the mining project. And Romania asking for UNESCO protection may serve its lawyers in demonstrating the country breaches its agreements.
“Such application [for UNESCO protection] and the inscription [in the list of protected areas] are fundamentally incompatible with the rights the Gabriel group acquired to develop the Project and the continued existence of an exploitation mining license for the Project area. These acts, promoted by the Romania government, ignore the existing and valid decisions of Romania’s Ministry of Culture, removing the vast majority of the Project area’s status as a protected archaeological site and clearing the area for mining activities. Furthermore, most of the cultural heritage for which protection is sought through the UNESCO Application and which was identified by the extensive archaeological research programs funded by Gabriel would have been protected in any event by the Project irrespective of the Inscription”, the company says in a note to investors.
The company stresses that “UNESCO Application and Inscription are fundamentally at odds with Romania’s obligations under its investment treaties in relation to Gabriel’s investments and these acts, together with other measures taken”.
In Romania, the reactions were diverse and broadly politically biased.
The mayor of Rosia Montana has firmly disapproved of the status of UNESCO protected area, claiming that it would lead to more bureaucracy and costs for the locals – while not mentioning the opportunities brought by the same UNESCO status.
Adrian Cioroianau, Romania’s delegate at UNESCO, argued in favour of the benefits generated by the UNESCO status of the area – furthermore adding that the mining with traditional technology is anyways banned in Europe and new technologies may be compatible with the UNESCO status as only parts of the mining projects are covered by the UNESCO protection. A state can decide to withdraw the UNESCO status to a protected area, and Romania may decide in the future this if ‘green’ mining technologies are developed.
The petty politics comments abounded. Dacian Ciolos, who as a prime minister has constantly avoided submitting Rosia Montana file to UNESCO (one of his ministers did it, on the last day of his mandate), cheered the decision as “the greatest present for my birthday”. President Klaus Iohannis, who also avoided the topic, applauded the decision, recommending the “sustainable development” of the area.
Source: Romania – Insider
Euro Sun’s Rovina Valley Project rezoning plan
Euro Sun has officially filed the Planul Urbanistic Zonal (“PUZ”) or Certificate of Urbanism for Land with the County of Hunedoara, Romania and the working group established for the Strategic Environmental Assessment (“SEA”). Euro Sun announced that following the approval of the Avizul de Oportunitate received on June 15, 2021 is allowing the Company to proceed to the next stage of permitting for the Rovina Valley Project. The PUZ or re-zoning process takes the existing pastoral and forest lands within the project footprint and re-zones the required area for industrial activity.
The SEA with the Environmental Protection Agency of Hunedoara County (“EPA”) is the environmental opinion on the PUZ. The EPA continues to receive the agreements and/or opinions from all the administrative authorities for the environmental opinion on the PUZ.
Scott Moore, Euro Sun’s CEO, states, “The PUZ process is well defined and normal for any building project in Romania from a grocery store to a mine. We are very encouraged by the continued positive dialogue with the Hunedoara County Council and other government agencies as we enter these advanced stages of permitting and setting the stage for construction activities to begin.”
Over three consecutive weekends beginning June 26, the Company held eleven town-hall style information sessions in all the communities in and around the Rovina Valley Project. Organized by Euro Sun employees and supported by our lead environmental and social management consultants, ERM, our people provided clear and transparent disclosure on all aspects of the project, from not utilizing cyanide, to not having any wet tailings, to adding 300% of the forests affected by the project prior to re-planting virtually all of our disturbed areas over the life of the mine. The technical design of the project was clearly communicated as well as the economic benefits through significant job creation. The participation of the Romanian State was communicated as well through an explanation of the royalty rates under the National Mining Law; of which a significant portion of those royalties ensure directly to our local communities.
Scott Moore, also stated, “We would like to thank all the participants for attending our information sessions as we strive to ensure total transparency of the Rovina Valley Project and its benefits to all of our local stakeholders.”
Source: globenewswire.com
Euro Sun Mining’s permitting process for Rovina Valley project, Romania
As announced on April 5th, 2021, Euro Sun Mining officially initiated the Strategic Environmental Assessment- SEA with the Environmental Protection Agency of Hunedoara County- EPA. The legislated eighteen-day period for public comment on initiation of the SEA has passed with no comments received by the EPA.
With the issuance of the Avizul de Oportunitate, by the County Council of Hunedoara County, the Company is now approved to proceed to the next stage of permitting for the Rovina Valley Project, namely the Planul Urbanistic Zonal or Certificate of Urbanism for Land.
The Planul Urbanistic Zonal process takes the existing pastoral or forest lands and re-zones the required area for commercial activity. The definitive feasibility study, filed on April 14th, 2021, provided the necessary engineering details required for the submittal of the approximately 3,000-page application and ultimately approval of the permit.
The Company and the EPA are now working towards receiving the agreements and/or opinions from all the administrative authorities for the environmental opinion on the Planul Urbanistic Zonal and preparing for public consultations expected to occur in Q3 2021.
“We are pleased to see continued ongoing support by the Romanian state as they deliver approvals as required to move the Rovina Valley Project towards our construction start. Investor perception of Romania as a potentially unfriendly jurisdiction to mining is clearly not accurate as these approval milestones continue to demonstrate. Our Definitive Feasibility Study has outlined a generational asset that brings the highest environmental stewardship along with significant economic benefits directly to our local communities and to the County as a whole. The milestone permit now allows the company to proceed with the Planul Urbanistic Zonal taking us another step closer to construction,” Scott Moore, Euro Sun’s CEO states.
Source: energyindustryreview.com
Euro Sun’s Rovina Valley gold-copper project in Romania
In March, Canada’s Euro Sun Mining announced that it estimates a robust gold and copper output and total initial capital expenditures (CAPEX) of $399 million (329 million euro) at Rovina Valley in Romania, following positive results of the definitive feasibility study. The feasibility study uncovered a potential average annual gold equivalent production of 146,000 ounces over the first ten years, consisting of 106,000 ounces of gold and 19 million pounds of copper per annum, Euro Sun said at the time.
Euro Sun said that it has received the approval from relevant Romanian authorities to initiate the Strategic Environmental Assessment (SEA) for its Rovina Valley gold and copper project.
The company and the Environmental Protection Agency (EPA) of Hunedoara county are now working towards receiving the agreements and opinions from all the administrative authorities required for approval of the urbanism certificate as part of the SEA process, Euro Sun said in a statement.
The company and the EPA are also preparing for public consultations which are expected to occur in the third quarter of 2021.
“This approval is an important milestone in the SEA process. We believe that our frequent public communications and presence in the local community has played an important role,” Euro Sun CEO Scott Moore said.
Source: seenews.com
Euro Sun Received approval for SEA at Rovina Valley, Romania
Euro Sun Mining Inc. announced that the company has been officially notified by the Environmental Protection Agency of Hunedoara County that following a meeting of the Special Committee set up at Hunedoara County level, on 27.04.2021; the required eighteen-day public comment period on the initiation of the Strategic Environmental Assessment has passed; no comments were received; and the SEA is approved to move forward. The Company published the notification in the public press on May 10th, 2021.
The Company and the EPA are now working towards receiving the agreements and opinions from all the administrative authorities required for approval of the Planul Urbanistic Zonal or Certificate of Urbanism for Land forming part of the SEA process. The Company and the EPA are also preparing for public consultations which are expected to occur in Q3 2021.
Scott Moore, Euro Sun’s CEO states, “All aspects of ESG principles are key to success of the Rovina Valley Project. This approval is an important milestone in the SEA process. We believe that our frequent public communications and presence in the local community has played an important role. Environmental stewardship is a key factor to the success of Rovina Valley Project with a life of mine design from extraction to rehabilitation with minimal impact utilizing the highest global standards for mining processing, tailings management with DRY-Stacking and utilizing Zero Cyanide. We are pleased the EPA is continuing to advance the project in line with Romanian legislation and we look forward to a collaborative effort on the successful outcome of the SEA process.”
Source: streetinsider.com
Vast Resources’ mining at Baita mine in Romania started
Mining and concentrate production will continue uninterrupted during the development phase at Baita Plai, with underground production currently focused on levels 17 and 18 as well as the new mining area on level 19, Vast Resources said and added that the decline project to level 19 is progressing on schedule and mining of fresh higher grade ore at its Baita Plai polymetallic mine in Romania has begun.
Vast said exploration drilling targeting the downdip extension of the Antonio skarn to level 22 from level 19 is expected to commence in June 2021, as per its new mechanised mine plan. New mechanised mining equipment has arrived on site, it added, with the remaining equipment expected to arrive in accordance with the new mine plan schedule.
“I am delighted with the operational progress that we have made in recent weeks and we remain well capitalised to achieve our development plan at Baita Plai without needing to come back to the market for the foreseeable future. We will look to provide further updates from Baita Plai via our social media platforms and via the regulatory news channels as appropriate over the coming days and weeks,” said Chief Executive Andrew Prelea.
Source: tools.morningstar.co.uk
Romania’s coal transition, a new chance for Jiu Valley
‘Jiu Valley Strategy for the transition from coal’ document is being prepared by the consulting firm PricewaterhouseCoopers.
According to a draft of this development strategy that extends until 2030, the analysis of the historical evolution of the mono-industrial area of Jiu Valley and of the current profile of the microregion highlights significant differences of development in relation to the rest of the country. Moreover, the prospect of closing the last four operational mines brings new challenges.
Through this document the officials of the local administration in Jiu Valley undertake the ‘just transition strategy’, which will be approved at central government level, in the perspective of a significant transformation of the area during 2021-2030 in terms of recalibrating the perception of inhabitants on the local identity and their role in the energy transition process, as well as unlocking the potential of the area for the economic development of Jiu Valley on multiple levels, for improving the life of the inhabitants, for promoting innovation and decarbonization.
The prospect for developing the area is carefully calibrated to be sustainable in the long run by preparing specific projects that are the basis for the implementation of the strategy. All these objectives are aligned to the good European practices specific to coal regions in transition and the directions targeted through important European initiatives, such as the Just Transition Mechanism, the European Green Deal, the EU Cohesion Policy, capitalizing on the local competitive advantages of Jiu Valley.
The current structure of Jiu Valley economy reflects the results of both the initiatives of transformation aimed at phasing out the dominant mining activity and the attempts of diversification implemented in the region. The latter have focused mainly on sectors characterized by a low level of technology, low technical skills and limited investment capital. Consequently, the current economic profile of Jiu Valley is dominated by the service sector – especially trade, over 40% of the total number of active companies in the private environment in Jiu Valley operating in this sector.
General objectives of the strategy
According to the draft strategy, the general objectives of transition from coal in Jiu Valley are the following:
-Sustainable development of urban multi-modal mobility, in a unitary manner, facilitating accessibility in all areas of the microregion by consolidating connectivity between the component towns/municipalities and immediately adjacent areas would open the Jiu Valley to new opportunities for all industries.
-Creating a diversified economic environment, focused on consolidating growth and competitiveness of small and medium sized enterprises with activities and products with high added value, supported by initiatives favouring innovation and local entrepreneurship.
-Consistent and sustainable development of tourism and creative industries in Jiu Valley, by stimulating local producers, enhancement of natural and cultural heritage of the area and connecting to the neighbouring regions.
-Creating a dynamic and performing social and professional climate in order to optimize standards of living and ensuring in a responsible manner the transition of Jiu Valley to green economy.
Reshaping the energy sector
Maintaining electricity production in Jiu Valley will continue to remain an objective of the transition. From this perspective, projects in this field will aim at making investments in new capacities to produce energy from renewable sources, using the viable energy assets in Jiu Valley to produce electricity and heat based on a different fuel than coal, as well as supporting the development of a centre of excellence in the energy sector in Jiu Valley. It will focus on research-development-innovation and should contribute to creating opportunities for the whole ecosystem starting from public institutions, large companies, technological SMEs that could contract studies in the field or could implement the results of research.
According to UN Climate Agreement, signed in Paris, Europe and OECD countries must give up coal by 2030 and even earlier, an evolution assumed by the signatory governments of Powering Past Coal Alliance. Romania has postponed the decision of giving up coal, but amid increased economic pressure on the energy sector, in 2018 the Ministry of Energy announced for the first time the prospect of considering the process of coal transition by 2040.
To capitalize on opportunities given by energy transition at global level, Romania has committed to address new directions of development of the energy sector according to the Energy Union Strategy and Clean Energy Package. Reaching the decarbonization targets set under the 2021-2030 Integrated National Energy and Climate Plan (INECP) will require significant investments, in the following main dimensions: Decarbonization – GHG emissions and removals; Decarbonization – energy from renewable sources; Energy efficiency; Energy security; Internal energy market; Research, innovation and competitiveness.
Sources of funding in the support of coal transition
An important component of this strategy is funding projects proposed for development on the dimensions related to the development pillars, funding following to be ensured mainly from European and national funds, the quoted document mentions. It is relevant to mention The Just Transition Mechanism, which also includes the Operational Program for Just Transition, dedicated to coal regions for supporting transition to a climate neutral economy, which will be implemented through three pillars:
-The Just Transition Fund, which is not dedicated to energy transition, but to the social and economic costs of transition (economic diversification, retraining etc.) and provides for the allocation of sources of funding in addition to those for the cohesion policy, to which transfers from European Regional Development Fund and the European Social Fund Plus national allocations will be added, as well as national co-financing.
-Dedicated scheme under InvestEU
-A loan facility granted by the European Investment Bank for the public sector (EUR 10bn) for investment projects in energy and transport infrastructure, heating networks, public transport, energy efficiency measures, social infrastructure and other projects directly benefiting the communities in the affected areas and which will contribute to reducing the social and economic costs of transition. Also, financing mechanisms aimed at supporting the energy intensive industrial sectors and the electricity sector will be capitalized, in order to answer the needs in the field of innovation necessary for transition to a low carbon economy, respectively:
– The Innovation Fund will finance highly innovative technologies and flagship projects with European added value, which can bring significant emission reductions;
– The Modernization Fund will support investments in the generation and use of energy from renewable sources; energy efficiency; energy storage; modernization of energy networks, including heating, pipelines and networks; just transition for carbon-dependent regions: redistribution of labour, retraining of workers, education, job search initiatives and start-ups.
In the context of post-COVID-19 economic recovery efforts of Member States, the European Commission has launched a new initiative of interest – a budget of EUR 166.7 billion for 2021, which will be complemented by EUR 211 billion in grants and approximately EUR 133 billion in loans under Next Generation EU, the temporary recovery tool for mobilizing investment and reviving the European economy.
The budget is fully in line with the commitment to invest in the future for a greener, more digital and more resilient Europe. Once adopted, it will be the first budget in the new multiannual financial framework 2021-2027 and the first annual budget proposed by the European Commission under the von der Leyen mandate.
In addition to the European programs and mechanisms, co-financing through the national operational programs proposed by the Ministry of European Funds for the new financial year will be added:
-Operational Program Just Transition (OPJT)
-Operational Program Sustainable Development (OPSD)
-Operational Program Transport (OPT)
-Operational Program Smart Growth, Digitization and Financial Instruments (OPSGDFI)
-Operational Program Health (OPH)
-Operational Program Education and Employment (OPEE)
-Operational Program Inclusion and Social Dignity (OPISD)
-Regional Operational Programs – implemented at region level (ROP West) the National Recovery and Resilience Plan prepared to use the funds allocated through the Recovery and Resilience Mechanism through three pillars: green transition and climate change, public services, urban development and capitalization on heritage and economic competitiveness and resilience.
Electricity production will not disappear from Jiu Valley
Maintaining electricity production in Jiu Valley will continue to remain a desideratum of transition; therefore, projects in this field will be prioritized, their feasibility following to be analysed from both the perspective of potential (especially of renewable energy sources in order to identify the optimal sites for promoting and attracting private investors for making investments in new production capacities) and from the perspective of technical limitations and possibilities of additional investments.
Depending on renewable energy sources available and exploitable in the Jiu Valley, it will be considered to attract and/or make investments in new capacities to produce energy from renewable sources, both operational (connected to the grid) and for the use of renewable energy at the level of public, economic and/or industrial operators. Depending on the identified potential, including investments in building capacities to produce energy from renewable sources placed on lands belonging to former mines will be considered, therefore developing integrated projects of decontamination – regeneration – reconversion.
To assess the potential of renewable energy sources in Jiu Valley it will be considered to start a study in order to identify the types of renewable energy (solar, wind, hydro, geothermal, bioenergy – biomass, waste etc.) available and exploitable in Jiu Valley and the optimal sites for these types of investments.
The possibility of using the viable energy assets in Jiu Valley to produce electricity and heat based on a different fuel than coal within Paroseni thermal power plant will also be analysed. In order to identify the best solutions, the aim will be to streamline electricity and heat production, diversify the energy mix (for example, using natural gas as transition fuel, unconventional energy sources, hydrogen), contribute to the safety and adequacy of NPS, reduce CO2 emissions and ensure a long-term sustainable economic viability.
Taking into account the social benefits of large-scale use of district heating systems (for example, accessibility of thermal energy for population with low income) and the economic and environmental benefits (for example, the reduction of the number of individual heating systems and implicitly of pollution), while analysing the opportunity to converting Paroseni thermal power plant, including the potential of modernization, rehabilitation, retrofitting and extension of the district heating system in Jiu Valley will be analysed, to ensure heating for the localities in Jiu Valley.
The viability of these initiatives will be assessed following evaluations and technical and economic analyses and will require the favourable opinion of the Ministry of Economy, Energy and Business Environment, of Transelectrica and of ATUs (if it is decided that they take over certain assets).
Modernization, rehabilitation, retrofitting and extension of the district heating system will consider the efficiency of the district heating system by reducing the consumption of energy resources and reducing greenhouse gas emissions. The social benefits of large-scale use of district heating systems will also be considered (accessibility of thermal energy for the population with low income), as well as the economic and environmental benefits (from the point of view of energy efficiency and control of pollution) and the contribution of these systems to strengthening energy security and facilitating flexibility in the use of the various categories of primary resources.
The establishment and development of a centre of excellence in energy in the Jiu Valley, focused on research-development-innovation will be able to contribute positively to creating opportunities for the entire ecosystem starting from public institutions, large companies, technological SMEs that could contract studies in the field or could implement the results of research (including by starting strategic projects in the field of advanced technologies, in order to develop a hydrogen industry).
The focus will be on identifying viable solutions and projects in the field of energy production /distribution /storage and reducing carbon emissions. Pilot projects to exploit the energy potential of the area will be considered (e.g. recovery of methane gas from the degassing of operational coal deposits using cogeneration plants for the production of electricity and heat, extraction and recovery of methane gas from coal deposits which are no longer in operation using surface drilling, underground pumped storage hydropower plant etc.) in order to identify viable solutions and projects in the field of energy production, distribution and storage (e.g. implementation of a pilot energy supply project using as fuel with ‘zero carbon’ green hydrogen, produced by electrolysis using solar energy converted into electricity by photovoltaic panels), followed by the scaling of these pilot projects, depending on the demonstrated technical and economic potential.
Finally, the improvement of the energy performance of the housing stock and public buildings will be considered, by continuing the projects of thermal rehabilitation and modernization of buildings (both public and residential), in parallel with population information and awareness campaigns in the Jiu Valley on responsible energy consumption and energy efficiency measures.
The projects of thermal rehabilitation and modernization of buildings will be carried out on the basis of energy audits (the aim will be to identify the energy situation of each building, as well as the concrete measures to be applied to improve the energy efficiency of buildings, reduce electricity and heat costs and implicitly the reduction of adverse effects on the environment) and technical expertise where appropriate (the identification of the necessary measures on seismic risk/fire protection will be considered). These investments will aim at reducing energy costs, increasing comfort and standard of living and creating new economic opportunities and jobs (within specialized companies).
Proposed actions
-Identifying the types of renewable energy (solar, wind, hydro, geothermal, bioenergy – biomass, waste etc.) available and exploitable in Jiu Valley by conducting a study in order to capitalize on potential from renewable energy sources in Jiu Valley.
-Identifying the optimal sites for these types of investments (developing maps).
-Attracting/making investments in new capacities to produce energy from renewable sources depending on the potential identified as a result of studies conducted, both operational (connected to the grid) and for the use of renewable energy at the level of public, economic and/or industrial operators.
-Using the viable energy assets in Jiu Valley to produce electricity and heat based on a different fuel than coal within Paroseni thermal power plant.
-Reducing GHG emissions and increasing energy efficiency by developing the district heating system in Jiu Valley, by launching an advisability study to establish the potential for modernization, rehabilitation, retrofitting and extension of the district heating system from Jiu Valley to ensure the thermal agent in the localities from Jiu Valley in conditions of economic efficiency.
-Starting the investment, depending on the result of the study and the feasibility.
-Establishing a centre of excellence in the field of energy in Jiu Valley, focused on research-development-innovation.
-Carrying out research-development-innovation projects in order to identify and start pilot projects for capitalizing on energy resources in Jiu Valley and integration with smart technologies and low emissions.
-Starting strategic projects in the field of advanced technologies, in order to develop a hydrogen industry.
-Scaling pilot projects, based on studies and research conducted, depending on the demonstrated technical and economic potential.
-Improving energy efficiency in public buildings (including consolidation measures if necessary).
-Improving energy efficiency in residential buildings (including consolidation measures if necessary).
-Carrying out information and awareness campaigns for the population of Jiu Valley on responsible energy consumption and energy efficiency measures.
-Providing support/advice for the preparation and submission of financing files and subsequent settlement for individuals wishing to access financing through national programs (for example, carried out through the Environment Fund Administration – Energy Efficient House).
Source: energyindustryreview.com
