European Council calls for the mobilization of all instruments to respond to the impact of high energy prices
The European Council asked the Commission to carry out an analysis and submit proposals by the end of January 2023…
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ORLEN Group to ramp up oil and gas production in Norway
The ORLEN Group together with the operator AkerBP and licence partners have prepared plans for development and operation for their…
Sustainability trailblazers Renault and Schneider – clean up mobility with green electric technology
Schneider Electric, the leader in the digital transformation of energy management and industrial automation, is supplying to Renault Group the…
PwC: Nine out of ten investors say that sustainability reports contain unsupported claims
Nearly nine out of ten investors (87%) said that corporate sustainability reporting contains “unsupported claims”, and 69% say that they…
Nagy-Bege: Only four categories of consumers have to submit affidavits
Four categories of consumers could be affected by the obligation to submit an application and affidavits (declaration on their own…
Large consumers welcome compensation for indirect emissions paid via power price
The Association of Large Energy Consumers in Romania (ABIEC) welcomes the Romanian Government’s decision to grant compensation for indirect costs…
PPC has started negotiations with Enel for the takeover of Romanian assets
The largest electricity company in Greece, Public Power Corp (PPC), has signed an exclusivity agreement with the Italian company Enel…
Hanga, BVB: The value of listed Romanian companies exceeds 13% of GDP
The total value of listed Romanian companies exceeds 13.5% of Romania’s gross domestic product (GDP), amounting to approximately 160 billion…
Romania has started to invest in renewable energy again, thanks to the NRRP
Romania has started investing again in renewable electricity generation, thanks to 457 million euros in funding from the National Recovery…
Niculae Havrileț: The right price is the only way to guarantee access to energy and gas
The most important element of regulation must be the right price that can ensure access to electricity and gas, which…
Bege, ANRE: The energy market is undergoing rapid transformations and the customer must be at the center
The energy sector has undergone major changes in the last year that are paving the way for new solutions and…
Investors prefer companies that take ESG criteria into account
Funds allocated to ESG (environmental, social, and corporate governance) investments have increased over the past three years to $2.5 trillion,…
V. Popescu: Second session of the PNRR for the efficiency of consumption, in the amount of 80 mln. euro
The Ministry of Energy launched on Wednesday, December 14, the second session for obtaining financing from the PNRR for investments…
ANRE: For 5 million household customers, the capped price reaches a maximum of 0.68 lei/kWh
For approximately 5 million household customers, the capped final billed price reaches a maximum of 0.68 lei/kWh, ANRE claims, in…
Final electricity consumption fell 6.4% in the first ten months of 2022
The final consumption of electricity totaled, in the first ten months of this year, 43.203 billion kWh, being 6.4% lower…
E.ON and Plimob complete the construction of a 1 MW PV plant
E.ON Energie Romania and Plimob, the chair factory in Sighetu Marmației, Maramureș county, are completing this month the construction of…
Enel X Romania signs in Antibiotice Iași for a 2.5 MW PV park
Enel X Romania, part of Enel X Global Retail, the advanced energy services division of Enel group, has been selected…
Constanta has NRRP money for a high-efficiency cogeneration gas plant for central heating
The Ministry of Energy and the municipality of Constanta have signed the financing contract through the National Recovery and Resilience…
AFEER: 2022 marked the reduction of supply activity and the increase of banking exposures
The year 2022 meant a reduction in supply activity and an increase to the limit in supplier bank exposures. And…
Nicușor Dan: PMB gets 242 mln. lei for the refurbishment of the thermal network
Bucharest City Hall (PMB) obtained non-refundable funding from the Ministry of Development, Public Works and Administration in the total amount…
OMV Petrom confirms the submission of the commercial discovery statement by the Neptun Deep concession holders
OMV Petrom confirms the submission of the declaration of commercial discovery to the National Agency of Mineral Resources by the…
ANRE fined six electricity distributors by 2.4 mln. lei
Six electricity distribution network operators were fined a total of 2.4 million lei for non-compliance with legal obligations towards consumers,…
Sebastian Staicu: BCR supports the development of the ecosystem needed to transition to a sustainable economy
Sebastian Staicu – Sustainable Finance Coordinator, BCR The last year brought a lot of effervescence in the energy market and…