Leonardo Badea, BNR: The effect of rising energy prices cannot be controlled by monetary policy measures
We live in an increasingly complex world where priorities are different and therefore include characteristics of economies that we would…
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Three more gas suppliers have given up customers, which will be taken over by Engie
Three more natural gas suppliers have given up their customers, who end up receiving gas as in the last resort…
Photon Energy Group Connects First Merchant PV Power Plant for its IPP Portfolio in Europe
Photon Energy has completed and grid-connected a photovoltaic power plant with a capacity of 1.3 MWp near the municipality of…
Kawasaki to build for RWE one of the world’s first 100% hydrogen-capable gas turbines on industrial scale
Together with Kawasaki Heavy Industries (Kawasaki), one of the world’s leading turbine manufacturers, RWE Generation SE (RWE) is planning to…
Dumitriu, Chimcomplex: Profit margin is affected, we will optimize expenses, investments continue according to plan
The rise in commodity prices does not affect Chimcomplex’s ambitious investments, so it will double its production capacity in the…
Parliamentary inquiry commission to request study on Romania’s hydropower potential
Parliamentary Commission of Inquiry into the causes of energy price rise will ask the Ministry of Energy and the Ministry…
Badea: Romania will reach the apocalyptic scenario in which we turn off the light, if we do not urgently build new power plants
Romania will reach the apocalyptic scenario in which we will have to turn off the light, if we do not…
Concordia: Romania’s budget cannot be based on exorbitant taxes imposed overnight
The additional taxation of those that already pay taxes, called by the representatives of the governing coalition “of solidarity”, appeared…
AFM: Electricity charging stations may apply for funding from December 13th
Public institutions and administrative-territorial units wishing to participate in the Program “Charging stations for electric vehicles in localities” can create,…
EU to compel member states to renovate low energy performance buildings
European Union is set to propose a set of rules that will force member states to renovate buildings with the…
Enel included once again among world sustainability leaders in FTSE4Good index
Following FTSE4Good’s review of the second half of 2021, Enel was confirmed once again in the FTSE4Good Index Series, which…
C. Popescu: Investments in solar parks rejected by the GSM were part of Electrica’s Strategic Plan
Electrica’s shareholders rejected the plan to take over some solar parks of about 31 MW, taking the market by surprise.…
OMV Petrom doesn’t foresee any issues with gas supply for this winter
OMV Petrom doesn’t foresee any issues with gas supply for this winter The Romanian market will have enough gas to…
Surge in excise duties will increase fuel prices from January
The level of excise duties will increase slightly next year for almost all product categories, thus also increasing fuel prices.…
Large energy consumers received subsidies of over 130 mln. euro for the payment of bills
Ministry of Energy has paid more than 130 million euro to large energy consumers, an amount related to last year’s…
Establishment of the Council for International Sustainability Standards, a step forward in defining ESG indices
The Foundation for International Financial Reporting Standards (IFRS Foundation) has officially announced the establishment of the International Sustainability Standards Board…
FIC expresses its concern on the lack of transparency and dialogue in drafting major changes in tax legislation
At the beginning of autumn, Foreign Investors Council (FIC) member companies were confident in the positive evolution of the economy…
E-Distributie Muntenia extends by 20 Km the power grid in Ilfov and Giurgiu
E-Distribuţie Muntenia, the electricity distribution operator part of the Enel Group, is carrying out works to expand the electricity distribution…
EY: Sustainability needs a 50% increase in global networks investments
Markets around the world need to modernize and expand their infrastructure to support a smooth global transition to renewable energy,…
Minister of Energy: Enel’s investments are not affected; energy producers will only be surcharged until March
Enel’s investments in Romania will not be affected by the measures taken by the authorities for consumer protection this winter,…
OMV Petrom plans to invest 11 bln. euro by 2030, as part of a new strategy
OMV Petrom will invest 11 billion euro by 2030 to reduce carbon emissions, this being the largest private investment plan…
Romania will increase its gas storage capacity to over 4 bln. cubic meters
Romania plans to increase gas storage capacity to more than 4 billion cubic meters, from 3 billion at present, Energy…
Competition: Companies are not allowed to announce prices in advance
Competition Council draws the attention of the professional associations that each company must independently establish its commercial policy, and the…