PPC’s Vision for Romanian Renewable Energy Capacity by 2030
Greece’s Public Power Corporation (PPC) has announced a landmark investment strategy aimed at transforming its presence in the Romanian energy market. According to its 2026-2030 Strategic Update, the company plans to more than triple its power generation capacity in Romania by the end of the decade, with a significant focus on renewable energy and flexible generation technologies.
This ambitious move signals a major acceleration in the region’s green transition, positioning PPC as a key player in Central and South-Eastern Europe’s evolving energy landscape.
A Transformational Growth Plan for Romanian Renewable Energy
The core of the strategy involves boosting PPC’s installed capacity in Romania from a projected 1.6 GW in 2025 to an impressive 5.3 GW by 2030. This expansion will be driven primarily by investments in clean energy sources. The new plan outlines a diversified portfolio that includes:
- Solar and Onshore Wind: Forming the backbone of the new renewable capacity.
- Flexible Generation (Flexgen): A critical component for grid stability, the plan includes adding 0.9 GW from batteries and 0.6 GW from modern Combined Cycle Gas Turbines (CCGTs).
- Hybrid Capacity: An additional 0.1 GW from hybrid projects will further enhance the renewable portfolio.
This strategic shift is designed to significantly increase the share of renewables in PPC’s Romanian operations, aligning with broader European climate goals. The plan also includes the development of a major “mega/giga site” slated to be fully operational by the end of 2028, underscoring the scale of the investment.
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Investing in Romanian Renewable Energy: Part of a Broader €24 Billion Vision
The Romanian expansion is a cornerstone of PPC’s wider corporate vision, which is backed by a massive €24 billion investment plan through 2030. The overarching goal is to double the company’s overall scale and elevate its EBITDA to €4.6 billion.
This aggressive growth is not limited to Romania. The company aims for net annual capacity additions of approximately 2.3 GW across its entire group from 2025 to 2030, targeting a total group capacity of around 19 GW. This regional expansion into Central and South-Eastern Europe includes adding over 5 GW of new capacity by 2030, a figure that is more than 2 GW above previous commitments.
To fund this expansion, PPC plans to utilize a combination of equity raises and private investment, with projections showing private investor stakes rising to 66% as part of an €8.4 billion funding plan by 2026. This strategy highlights a dynamic approach to financing the large-scale infrastructure required for a rapid energy transition.
By tripling its capacity in Romania, PPC is not only cementing its position as a regional energy leader but also making a substantial contribution to the decarbonization of South-Eastern Europe’s power grid.
