Romania Power EPC - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)

The romania power ePC market size was valued at USD 6.98 billion in 2025 and is estimated to grow from USD 7.69 billion in 2026 to reach USD 12.14 billion by 2031, at a CAGR of 9.56% during the forecast period (2026-2031). This report is Segmented by Power Generation EPC [Technology (Thermal, Nuclear, and Renewables), Capacity Band (Up To 100 MW, 100 To 499 MW, and Above 500 MW), and End-User (Regulated Utilities, Independent Power Producers, Industrial Captive Power, and Public Sector and SOE)], and Power Transmission and Distribution (T&D) EPC. The Market Sizes and Forecasts are Provided in Terms of Value (USD).

Romania Power EPC Market Trends and Insights

EU-Backed 5 GW CfD Scheme Accelerates Renewable Deployment

Romania’s CfD mechanism, capitalized with EUR 3 billion from the EU Modernisation Fund, awarded 4.2 GW across 2024-2025 auctions, surpassing the original 3.5 GW target. Strike prices slid to EUR 35/MWh for solar, underscoring module-cost deflation and lower risk premiums. The 15-year revenue floor enables IPPs to secure project finance below 5%, compressing levelized costs and sharpening competitiveness against regulated utilities. Early movers such as Rezolv Energy and Low Carbon financed the 192 MW Vifor wind farm on these terms, achieving commercial operation by the end of 2025. From January 2026, grid-connection slots above 5 MW are auctioned with financial guarantees, filtering speculative bids and prioritizing shovel-ready assets.

Modernisation-Fund-Financed Grid Digitalisation Unlocks Hosting Capacity

Transelectrica’s 2024-2033 plan allocates EUR 56.2 million to deploy solar-and-storage systems at 29 substations, replacing diesel sets and enabling black-start capability. Complementary distribution upgrades include a EUR 100 million EBRD loan to PPC-owned Rețele Electrice for 500,000 smart meters and a EUR 200 million EIB facility to Electrica Group’s DEER for SCADA rollouts, trimming technical losses below 8%. Four new 400 kV corridors will evacuate offshore wind and integrate CfD-awarded solar, relieving curtailment that currently reaches 12% in Dobrogea. Government targets call for 2 GW of battery storage by 2026, providing frequency services and deferring USD 300 million of transmission CAPEX.

Grid-Connection Bottlenecks and Curtailment Risk Compress Returns

Hosting capacity in Dobrogea is saturated, forcing curtailment of up to 12% of wind output and delaying approvals for the 2.75 GW CfD tranche by as long as 24 months. From 2026, 400 kV build-outs and a financial-guarantee-based queue attempt to triage projects, yet developer capital remains locked for up to 18 months. Battery storage offers a hedge: Nova Power & Gas commissioned a 200 MW/400 MWh standalone system in December 2025, capturing frequency revenues that offset curtailment. National storage targets of 2 GW by 2026 could defer USD 300 million in transmission upgrades, but medium-voltage connection studies in Brăila and Constanța still face 9-12-month backlogs.

Other drivers and restraints analyzed in the detailed report include:

• Accelerated Coal Phase-Out Drives Replacement CAPEX Wave
• Building-Renovation Program Bundles Rooftop PV and HVAC EPC
• FDI Screening Above EUR 2 Million Delays Foreign EPC Awards

Segment Analysis

Renewables seized 71.8% of the Romania power generation EPC market in 2025 and are forecast to grow at a 10.7% CAGR through 2031, anchored by the 4.2 GW CfD pipeline. Wind remains dominant at 3 GW installed, but solar is closing fast as OMV Petrom’s Brazi complex adds 400 MW and CE Oltenia’s 690 MW portfolio advances toward 2026 COD. Offshore wind could inject 3-7 GW by 2035 under the new Black Sea framework, dwarfing legacy coal capacities and reshaping dispatch patterns. Gas-fired CCGTs such as Romgaz’s 430 MW Iernut plant provide mid-merit flexibility, while nuclear stays a 1.4 GW baseload anchor through the EUR 1.9 billion Cernavoda Unit 1 overhaul. The Romania power EPC industry is therefore pivoting toward integrated renewable-and-storage portfolios that minimize curtailment and monetize ancillary services.

Complete Report Scope:

• Power Generation EPC
  • By Technology
    • Thermal
    • Nuclear
    • Renewables
  • By Capacity Band
    • Up to 100 MW (DER, micro-grid)
    • 100 to 499 MW
    • Above 500 MW
  • By End-User
    • Regulated Utilities
    • Independent Power Producers
    • Industrial Captive Power
    • Public Sector and SOE
• Power Transmission and Distribution (T&D) EPC

List of Companies Covered in this Report:

• Transelectrica SA
• RomElectro SA
• Societatea Nationala Nuclearelectrica SA
• Mytilineos SA
• Electrica SA
• Hidroelectrica SA
• CE Oltenia
• OMV Petrom SA
• Enel SpA
• PPC Renewables
• Siemens AG
• GE Vernova
• ABB Ltd
• Schneider Electric SE
• JinkoSolar Holding Co. Ltd
• Trina Solar Ltd
• Monsson Group
• Hidroconstructia SA
• Simtel Team

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support