Turcan: Vulnerable consumer law must be applied from November 1
Local government officials are concerned about the speed with which they must act to enforce the Vulnerable Consumer Act, but…
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Greece could phase-out coal-fired power plants earlier
Greece is making faster-than-expected progress on abandoning coal-fired power plants, with Prime Minister Kyriakos Mitsotakis’ government stepping up efforts to…
Enel successfully places a triple-tranche 3.5 bln. euro sustainability-linked bond in the Eurobond market
Enel Finance International (EFI), the Dutch-registered finance company controlled by Enel, launched a multi-tranche “Sustainability-Linked bond” for institutional investors in…
Nicușor Dan: Subsidy for the Bucharest thermal energy could be increased – PM opposes
The mayor of the Capital, Nicușor Dan, claims that the subsidy for the thermal energy for the Bucharest residents connected…
Almost 73% of Romanians appreciate green construction products
About 73% of people who buy construction materials have a better opinion about products that are certified and labeled as…
Subsidizing energy bills requires the installation of smart meters
Authorities do not know exactly the buildings that can be the object of aid in the form of offsetting energy…
More than half of electricity consumers and 90% of gas consumers could receive compensations
At least 5 million household consumers (points of consumption) out of a total of 8.9 – 9 million electricity consumers…
Havrileț: Gov’t doesn’t take into account a cap on producer prices
The price of gas for the winter of 2022-2023 will fall by half compared to this winter, and the Government…
Chirițoiu: High energy prices will persist as long as we use coal
Electricity prices will remain high in Romania for at least the next 4-5 years, as long as we use coal…
Danish RES company European Energy enters the Romanian market
Danish renewable energy company European Energy, which develops, finances, constructs and operates wind and solar farms as well as hydrogen…
Evergent sells half of its stake in Nuclearelectrica
The Evergent investment fund sold half of its stake in SN Nuclearelectrica in June of this year and made a…
R. Moldova will take a 60 mln. euro loan from the EBRD and the EIB for energy efficiency
The Republic of Moldova will contract a loan of 30 million euro from the European Investment Bank (EIB) and another…
Romgaz doubled the price of gas to Elcen
Romgaz will deliver gas to Bucharest power plants at a double price compared to now. The production cost of the…
Gas price hike also hits Germany, but no plans to intervene by gov’t
The quick rise in natural gas prices also impacts Germany, but the economy ministry at this point does not aim…
R. Moldova: Fuel prices increase following the launch of the new methodology
Gasoline and diesel prices are dictated by quotations on international markets, to which are added the taxes, duties and expenses…
China pledges to end funding for overseas coal power plants
Chinese President Xi Jinping said on Tuesday his country would end support for building new coal-fired power plants abroad, a…
Engie: The high level of natural gas prices could be maintained in the near future
Didier Holleaux, Engie’s deputy general manager, said on Tuesday that he was worried that current natural gas prices could continue…
Kadri Simson: As energy prices spike, EU points to long-term fixes
European Commission is monitoring the evolution of electricity prices “very closely,” the EU’s Energy Commissioner Kadri Simson has said, pointing…
Transelectrica looks for market finance to carry out its investment plan
Transelectrica will use bank loans and will issue bonds to partially finance works of the investment program for the period…
Real estate: Major market players in CEE turn to green bonds
Real estate investors and developers across Europe are increasingly turning towards green bonds to help build portfolios of sustainable assets…
Spain: EC needs to issue new guidelines to help states with price increases
Spain called on the European Commission to draw up new recommendations to help Member States respond appropriately to rising electricity…
Russia is expected to increase its oil exports in Q4
Russia is expected to increase its oil exports from the Urals through Baltic ports in the fourth quarter, due to…