Bucharest, Romania, September 8, 2010 – Iberdrola and the Romanian government are discussing plans to expand the company’s nuclear power and wind energy portfolio in Romania.
Spain-based Iberdrola won the OK from Transelectrica, the power grid operator in Romania, to connect about 1,500 MW of wind energy from about 50 wind farms to be built in the country starting in 2011.
Iberdrola is also involved in a nuclear energy consortium that includes Nuclearelectrica, Enel, RWE, Electrabel and other companies, which plans to build two new units at the 2,900 MW Cernavoda nuclear power plant.
When completed, units 3 and 4 are planned to supply 720 MW each.
The Cernavoda plant will have five CANDU model nuclear reactors, of which units 1 and 2 are already in operation, and produce 18 percent of the total power generated in Romania.
Iberdrola, which opened offices in Bucharest in 2009, has also obtained a trading license this year from the Romanian energy regulator. This will allow it to trade in the Romanian and Hungarian markets, and with Greece through the Bulgarian market.
Currently, Iberdrola operates a wind power portfolio of around 4,500 MW in Poland and Hungary and is developing projects in Estonia and Bulgaria.