Romania ready to discuss third Iron Gates hydropower project with Serbia

17 July 2026 Romania and Serbia have signed a memorandum of understanding to exchange information on the proposed Djerdap 3 (Iron Gates 3) pumped-storage hydropower project, with Romanian authorities stressing that any future development must not affect the operation of the existing Iron Gates hydropower plants jointly operated by the two countries. The memorandum establishes a framework for technical cooperation and information sharing on the project, which has attracted attention in both countries over its potential environmental impact and implications for the existing hydropower system on the Danube. "The memorandum we signed today creates the necessary framework for an exchange of information on the Djerdap 3 pumped-storage hydropower project and to understand exactly what benefits it