Romania’s energy transition: Financing and revenue models

Romania’s energy transition drew significant market attention with the launch of its first Contracts for Difference (CfD) auctions in 2024. While the mechanism provides a revenue floor to support financing for new renewable capacity in an emerging market following a decade of stalled development, CfDs are not the only pathway to improving bankability and revenue stability. In this second article in the series for Romania, inspiratia examines the market implications of the CfD framework and explores alternative financing and revenue models to support the country’s latest phase of energy transition.