OMV Petrom, the only local oil and gas producer, takes a strategic step forward by entering the Power Purchase Agreement (PPA) market with long-term green energy contracts. The company is currently developing a renewable energy portfolio of 2.5 GW, one of the largest in Romania. This positions it strongly to meet the growing demand for energy supply predictability and the increasing importance of ESG requirements.
Romania climbs the European PPA ranking
OMV Petrom is already among the country’s largest energy producers through its 860 MW gas-fired power plant in Brazi. The move into PPAs builds directly on its renewable energy pipeline.
Read full article here: turnovernews.com
Read also: Romgaz Prepares External Audit for Gas Reserves
Photo: bursa.ro
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