OPEC revises its 2024 oil demand forecasts
The Organization of the Petroleum Exporting Countries (OPEC) revised its forecast for global oil demand growth in 2024, citing weaker-than-expected…
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Surge in fuel excise duties and energy, among the factors inflaming inflation in July
The increase in excise duties on fuels, energy, restaurants, water and sewerage accelerated the increase in inflation in July of…
Romania needs PPA, as soon as possible (by Vitaliy Daviy, CISOLAR)
Vitaliy Daviy CEO of IB Centre, Co-chair of CISOLAR 2024 Bucharest The co-founder and first President of the Renewable Energy…
Fruit and electricity harvested from the same field
Adrian Mihai, agricultura.video Ofrim, a company specializing in electrical and electronic data acquisition and measurement systems, has increasingly turned to…
WindEurope: Number of wind turbine orders grows 25% in Q2, Romania ordered 30 turbines
The number of wind turbine orders grew to a total of 4.9 GW across 13 countries, of which 660 MW…
MOL Group posted a 19% increase in profit in S1, to USD 916 mln.
The MOL Group recorded, in the first half of this year (S1), a pre-tax profit of 916 million dollars, up…
Germany reduces funding rates for energy counselling as demand reaches new heights
The number of applications for state support to pay for counselling on how to improve energy efficiency in residential buildings…
Burduja: Romania continues to have some of the lowest prices for electricity and natural gas in the EU
In the first quarter of 2024, Romania had the fourth lowest price for natural gas in the European Union and…
Transelectrica launches a pilot application for forecasting electricity produced by prosumers
Transelectrica developed in collaboration with Teletrans, its IT and telecommunications subsidiary, a pilot application for forecasting electricity produced by prosumers,…
Save 10 000 euro/month thanks to photovoltaic panels
Adrian Mihai, agricultura.video Farmer Vasile Lungu, from Iasi, has several investments underway on the farms under the name Domeniile Lungu.…
Volker Raffel: Investments in distribution grids are key to improving customer service
Investments in distribution grids are key to improving customer service, says Volker Raffel, CEO of E.ON Romania, just hours after…
Turkish firm Entek buys 241 MW solar projects from Econergy International
The Turkish energy company Entek Elektrik, active mainly in the green energy sector, entered the local market by taking over…
Simtel Team switches to the BVB Regulated Market on August 12
The official opening of the trading session on the occasion of the transfer from the AeRO Market to the Bucharest…
Ministry of Energy launches EnerClima national reporting IT platform in public testing
The Ministry of Energy has launched for public testing three modules of the EnerClima national reporting IT platform, respectively energy…
European gas prices rise amid fears about developments in Kursk
Reference prices of natural gas on the European market rose on Thursday to the highest level since December, due to…
ABB is first to reach anticipated IE6 hyper-efficiency with magnet-free motors
ABB is the first manufacturer to offer the anticipated IE6 efficiency level in a magnet-free SynRM design. This is the…
Ministry of Energy: Financing contracts of 138 mln. lei for energy efficiency in the industrial sector
The Ministry of Energy signed on Wednesday 27 financing contracts with a total value of 138.25 million lei, within Investment…
ACUE: We demand the authorities to treat seriously the need of distribution operators to increase investments
The ACUE Federation (Federation of Associations of Energy Utilities Companies) demands the national authorities to treat seriously the need of…
PPC: Solid financial performance, with adjusted EBITDA of 927 mln. euro in H1, up 57%
PPC posted solid results in the first half (H1) of 2024, as the second quarter (Q2) continued the trend of…
OSCAR Downstream: First mobile payment app in the Romanian B2B fuel distribution market
OSCAR Downstream, the largest Romanian independent fuel distribution company, launches for the first time for B2B customers in Romania the…
ANRE: RRR for distribution and transmission – 6.94% plus 1% for investment incentives
The rate of return (RRR) of the energy distribution and transmission operators, for the fifth regulatory period, remained at the…
PPC buys Evryo Group’s 629 MW renewable energy portfolio for 700 mln. euro
PPC announces that it has entered into an agreement with Evryo Group (former CEZ), owned by funds managed by Macquarie…
JT Grup Oil debuts on the AeRO market of the Bucharest Stock Exchange
JT Grup Oil, a company active in the fuel distribution market and the developer of the newest private terminal for…