Electrica Furnizare needs a 1.5 bln. lei credit line
Electrica Furnizare shareholders will discuss the approval of a total ceiling of short-term financing of 1.5 billion lei, to be…
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Distribuție Oltenia continues grid investments, with European funds: 76 mln. lei for a smart distribution network
Distribuție Oltenia started the Advanced Distribution Management System project, for the development of an intelligent distribution network, for the benefit…
ICGB will auction the free capacity of the IGB pipeline via the PRISMA platform
The project company ICGB, responsible for the implementation of the interconnector Greece-Bulgaria signed a contract with PRISMA European Capacity Platform…
OPCOM: The price of energy was four times higher than in the previous year in December
The price of electricity on the spot market of the OPCOM exchange (Day Ahead Market – DAM) averaged to 1,139…
ANPC requires energy suppliers to present the clearer information to consumers
Energy consumers must understand what a reference consumption means, and in this sense suppliers should transmit information, through the first…
Alro will resume its production at full capacity starting with 2023
Alro Slatina could only recover in 2023 to the level of electrolytic aluminum production recorded in 2021, if energy prices…
Gazprom: Gas volume in European deposits fell by almost 27% as compared to 2021
Less than a fifth of the volume of gas pumped in the summer season is now filling the European underground…
Dr Gabriela Dan Unterseh joins wpd offshore Romania as Head of Project Development Wind Offshore
wpd has been active in Romania since 2009 and, in addition to the two offshore projects, has further projects for…
Finacon will update the energy efficiency plan of Timișoara
Finacon International Consulting SRL from Bucharest will perform the management services from the energy efficiency improvement program (PIEE) for Timișoara,…
Eurostat will publish more detailed data on energy from 2023
The European Commission has adopted the most encompassing amendment of the energy statistics regulation ever conducted, aiming is to support…
AFM: 24,000 files registered in the prosumer subsidy program
So far, the installers validated within the Green House Photovoltaic Program have registered in the computer application over 24,000 files…
Daniel Burlan: EC decision means saving and modernizing the Oltenia Energy Complex
The management of the Oltenia Energy Complex (CEO) welcomes the decision of the European Commission, announced on January 26, to…
AFEER: New law pushes suppliers to new losses, insolvency and bankruptcy
Energy suppliers will suffer losses from the preparation of invoices, as the price set by the new capping ordinance is…
OECD: Romania’s economic growth is solid, but the risks are high
The growth of Romania’s economy is solid, but the risks are high, according to the study dedicated to Romania “Economic…
ECB will conduct new climate stress tests
The European Central Bank has announced the launch of stress tests on climate risks to assess the ability of eurozone…
Bulgaria: 78 mln. euro EU grant to expand gas storage facility
A project to expand the underground gas storage facility in Chiren, northwestern Bulgaria, will be funded with a 78 million…
Before the Taxonomy, the EU clarifies the rules for state aid
The European Commission (EC) has published the new 2022 guidelines on State aid for climate, environmental protection and energy (OACME),…
Moise, Patres: Suppliers are forced to bear losses, investors lose appetite for Romania
The new cap law means new losses for suppliers, writes Vice President of Patres, Martin Moise, on a social media…
Renault – Nissan – Mitsubishi Alliance: 35 new electric models, investments of 23 billion euros
Members of the Renault – Nissan – Mitsubishi Alliance have announced that they will invest 23 billion euros in the…
CE Oltenia asks 800 million euros from the Modernization Fund for two new gas-fired power plants
Oltenia Energy Complex has submitted applications for funding from the Modernization Fund budget for the two natural gas power plants…
EU: Divided on the classification of nuclear and gas projects as green investments
The European Commission (EC) proposes to classify nuclear and gas projects as green investments, under certain conditions, according to an…
FP: Hidroelectrica and Salrom, key companies ready to start the listing process at BVB
Romania will take an important step towards the promotion of emerging market status by MSCI, with the listing of Hidroelectrica…
Barrel gets closer to USD 90, following escalating tensions between Ukraine and Russia
Crude oil prices rose to $90 a barrel on Wednesday, near the highest level in seven years, following escalating tensions…