Using funds from the NRRP, Transelectrica is investing in PV, SMART modernization, and cybersecurity
With a total allocation of 51.7 million euros from the REPowerEU component, Transelectrica is moving forward simultaneously in three directions:…
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China’s battery exports soared amid energy crisis caused by Iran war
Chinese exports of lithium batteries rose significantly in the first quarter, confirming interest in alternative energy sources to counter the…
US extends deadline for Lukoil to sell overseas gas stations until October 29
The Trump administration has extended until October 29 the deadline for Lukoil to sell its overseas gas stations, according to…
INS: Electricity prices up by over 57% in March
Electricity continued to register the highest price increase in the last year, increasing by 57.2% in March 2026, compared to…
IMF revises down to 0.7% estimates for Romanian economic growth this year
The International Monetary Fund (IMF) has reduced its estimates for Romanian economic growth this year to 0.7%, from 1.4% as…
Austria activates subsidies for industrial electricity bills without waiting for EU measures
The Austrian government on Sunday blamed the EU’s “endless bureaucracy” for the delay in approving a common rule to support…
Hungarian forint hits four-year high after Orban loses election
The Hungarian forint appreciated sharply after Prime Minister Viktor Orban conceded defeat in Sunday’s election, with the pro-European opposition’s victory…
Oil price rises above $100 per barrel after naval blockade announced in Strait of Hormuz
Oil prices rose 8% on Monday, surpassing the symbolic $100 per barrel mark, after US President Donald Trump announced that…
EU warns Spain and Poland over tax cuts on fuels, would rather see an excise cut
Spain and Poland might have run afoul of European Union rules with their tax cuts on fuels aimed at curbing…
Energy management systems become essential for monetizing storage investments
The wave of investments in energy storage systems is bringing a structural shift in how power plants and energy assets…
Alex Pintea, 4P Renewables Only 3% of Romania’s renewable pipeline is bankable
Only a small fraction of Romania’s renewable energy pipeline is realistically investable, despite large headline figures, according to Alex Pintea,…
Bulgaria: Gasoline for 7.32 lei, LPG for 3.86 lei – without subsidies
We are in Ruse, where gas stations are being stormed by a wave of tourists from Romania for Easter. We…
Dunext strengthens its Romanian footprint with C&I and utility-scale solutions (P)
Romania is becoming one of the first European markets where Dunext is advancing both commercial and industrial storage deployments and…
ANRE: 107 advanced renewable energy projects, totaling 3.84 GW, are scheduled for COD in 2026
Electricity generation from renewable sources continues to grow in Romania. Based on data compiled as of March 1, 2026, ANRE…
Indian companies choose Romanian renewable energy as their launching pad in the EU
Dozens of Indian companies have already expressed interest in joining Romania’s green transformation, especially in renewable energy and related infrastructure.…
Ivan: By the end of the year we will have 1,500 MW installed, storage via the PNRR and the Modernization Fund
All the priority investments we manage are oriented towards storage, and by the end of this year we will have…
Gov’t to audit all management mandate contracts of state-owned energy companies
Prime Minister Ilie Bolojan stated that in many state-owned energy companies we have performance indicators that are irrelevant. He announced…
Delgaz Grid invested 241 mln. euro in natural gas and electricity networks in 2025
Delgaz Grid, the distribution company of the E.ON group in Romania, last year made investments of over 1.2 billion lei…
Economic growth to slow in Europe and Central Asia as risks rise
Economic growth in the developing countries of Europe and Central Asia (ECA) is likely to slow substantially this year because…
Prime Minister Bolojan push to unlock investments to increase electricity generation capacity
At a press conference focused on the energy sector, Prime Minister Ilie Bolojan announced a series of measures through which…
Bolojan announces a debate on grid connection for RES and a deadline for new regulations
Prime Minister Ilie Bolojan said on Wednesday that a new regulation regarding the rules for connecting to the electricity grids…
India and Romania are set to accelerate renewable energy cooperation
India and Romania are moving toward a more operational phase of cooperation in renewable energy, as the recent seminar and…
DEER: Strategic investment for the energy future of Oradea
DEER continues the modernization of the energy infrastructure through a large-scale project, essential for the safety and quality of the…