Romania has launched a new subsidy scheme for behind-the-meter battery energy storage systems to the tune of €150 million ($158 million). With the funding secured from the Modernization Fund, the Ministry of Energy launched the competitive bidding call on Tuesday. [pdf]
[FAQS about Romanian Energy Agency New Energy Storage]
Here are some key points regarding the import of uninterruptible power supplies (UPS):Tariff Classification: UPS units are classified under the tariff code 85044011, with a normal import tax rate of 5% and a VAT of 10%1.Average Import Price: The average import price for UPS units is approximately $36.832.Import Statistics: From March 2023 to February 2024, there were 9,954 shipments of UPS units globally, supplied by 1,618 exporters to 1,540 buyers, marking an 18% growth compared to the previous year3.Customs Ruling: A customs ruling provides specific details about the classification and handling of UPS imports, which can be useful for compliance4.These points should give you a comprehensive overview of the import process and considerations for uninterruptible power supplies. [pdf]
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