Pruna, USR: Decision to subsidize EC Oltenia, a mistake
The Government’s decision granting state aid in the form of a 1.2 billion lei cash loan for the Oltenia Energy…
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Renewables
The government adopted the 1.2 bln. lei subsidy package for CE Oltenia
The Romanian Government approved on Monday, December 30, the Memorandum on the aid of the Oltenia Energy Complex (CEO) with…
Transelectrica has issued 16.7 million green certificates in 11 months of 2019
In the first 11 months of the year, the green certificates (GC) related to the production of 9.15 TWh of…
EBRD provides financing of 58 million euro for the largest wind farm in Kosovo
The European Bank for Reconstruction and Development (EBRD) has granted a loan of 58 million euro for the construction of…
Elcen: Bucharest City Hall refuses to pay in advance the gas needed to produce heat in the Capital
The City Hall of Bucharest (PMB) did not sign the agreement for the advance payment of the natural gas needed…
ELCEN plans three cogeneration projects in Bucharest, will start the procedures for CTE Sud
ELCEN wants to build three new cogeneration units, within the perimeters of the Bucharest, Grozavești and Progresul power stations, officials…
Drop in coal use pushes Germany closer to 2020 climate target
Germany has seen a second year of significant reductions in greenhouse gas emissions in 2019, as coal use fell by…
Romgaz wants a 300 million euro methanol plant of and new wind farms
Romgaz plans to invest towards diversifying the company, one of the main objectives being a methanol plant of about 2-300…
Impact and Veolia will supply 5,000 new homes with geothermal energy
Impact Trust, controlled by businessman Gheorghe Iaciu, plans to use geothermal energy to supply the following 5,000 apartments in the…
AFM: Financing PV for isolated homes program, extended to January 31
The session for the submission of the financing files within the Program on the installation of photovoltaic systems for isolated…
PMB will capitalize the municipal company Termoenergetica with about 23 million lei
The City Hall has made a budget rectification and reallocation that proposes the capitalization of the new company Termoenergetica with…
Targeted action needed to curb unrelenting global demand for coal power
The world’s consumption of coal as a power source will grow further until at least 2040 if no targeted action…
Elcen asks for a feasibility study for a new cogeneration power plant at CET Sud
Electrocentrale București, the Capital’s electricity and thermal energy producer, has launched in the Electronic Public Procurement System an announcement requesting…
Orban: Cogeneration tax was spent on car fleets and football teams
Prime Minister Ludovic Orban says that in Romania there are four forms of subsidizing thermal energy and shows that, although…
Memorandum by which CE Oltenia requests a loan of 1.1 billion lei from the state, at the Minister of Finance
The memorandum by which CE Oltenia will receive part of the money necessary for the payment of the emission certificates,…
Burghiu: I knew that RADET would go bankrupt because you can’t afford to pay a historical debt of 3.7 billion lei
The bankruptcy of RADET was imminent, because the district heating company had no source from which to pay the historical…
Von der Leyen wants EU to finances by 100 bln. euro a greener Europe
The European Union’s executive wants to mobilise 100 billion euro worth of investment to help the bloc’s economies become more…
European coal plants forecast to lose Euro 6.6bn in 2019
Four in five of Europe’s coal-fired power plants are unprofitable, with the potential for €6.6bn of losses in total for…
Poland to meet renewable energy target with amended regulation, says GlobalData
Bogdan Tudorache The share of renewable energy in Poland’s power capacity mix reached 16.9% in 2018 and is expected to…
Competitive auctions will launch over 67% of utility-scale renewables – IEA
Government support for new utility-scale capacity is being replaced with competitive auctions, the surest sign that the commercial appetite for…
A combination of CfD and PPAs would boost Romania’s appeal for foreign investment (interview João Manso Neto, CEO EDP Renewables)
For ten years, EDP Renewables has been strongly committed to contributing to the gradual growth of renewable energy in Romania.…
Germany will cancel EU ETS allowances in framework of coal exit – state sec
Excess emissions allowances resulting from Germany’s coal phase-out will be cancelled from the EU’s emissions trading system ETS if they…
MET Romania filed a bid for the CEZ wind farm, it is interested in cogeneration
Bogdan Tudorache About 20% of the shares of the MET group were purchased by the Singaporean company Keppel, and the…