Reuters: Romania to close half of its power plants by 2035

Romania needs up to 40 billion euros of investment in new electricity generation, while it is forced to close a third of its outdated power capacity by 2020 and more than half by 2035, the economy ministry said. A draft of the ministry's energy strategy by 2035 released on Wednesday estimates the European Union state will need 30-40 billion euros ($43.2-$57.6 billion) to create new production capacity of some 14,800 megawatts to replace aging units. Successive government haves held back ...

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