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WindEurope: Wind is not growing fast enough for EU economy to go climate-neutral
Bogdan Tudorache Europe installed 14.7 GW of new wind energy in 2020, reveals the latest WindEurope study, consulted by energynomics.ro.…
EIB: Romanian businesses lack confidence in the short term scenario, but admit climate change investment is key
Bogdan Tudorache A new EIB Investment Survey for Romania reveals that the COVID-19 pandemic is expected to add pressure on…
Minister of Energy: Romgaz will submit an offer in the next two months for Exxon’s participation in the Neptune project
Romgaz will submit an offer to take over Exxon’s participation in the Black Sea deep gas project in the next…
Greenpeace: 1 billion euro for the Green Barrier
Bogdan Tudorache The Minister of European Funds, Cristian Ghinea, recently announced that he will propose the inclusion of the afforestation…
Nuclearelectrica’s 2020 net profit rises 28%
Nuclearelectrica finished last year with a net profit of 684.7 million lei, which, therefore, increased by about 27.8% compared to…
C. Prună: Black Sea gas gains must be fair to both the state and investors
The gains from the exploitation of Black Sea gas must be fair, both for the Romanian state and for investors,…
Ministry of Energy sent an official position to the European Commission regarding the situation of CE Oltenia
On Wednesday, the Ministry of Energy sent to the European Commission the answers to the questions related to the restructuring…
Camelia Ene: MOL Group will invest USD 1 bln. over the next five years
Bogdan Tudorache The MOL Group will invest USD 1 billion over the next five years as a result of a…
Restart Energy is investing USD 30 mln. in a 45 MW solar project in Sălaj County
Restart Energy, one of the largest independent suppliers of electricity and natural gas on the local market, intends to invest…
Giles Dickson, Wind Europe: Romania does not have a tender mechanism for new wind farms
Romania has potential on the wind energy side, but it does not have any tender mechanism for new wind farms,…
Competition accepted the commitments assumed by Hidroelectrica
Bogdan Tudorache Competition Council accepted Hidroelectrica’s commitments to eliminate the competitive concerns identified in the investigation into a possible abuse…
Nicolescu: Jiu Valley miners should be better paid and extract uranium and graphite
Mining in the Jiu Valley has no further future, and the people there could help extract uranium and graphite, extremely…
OMV Petrom: Investment of 1.5 mln. euro in Petrobrazi to increase the efficiency of the lighting system
Bogdan Tudorache OMV Petrom has invested 1.5 million euro in the Petrobrazi refinery to streamline the lighting system of the…
ANRE removes another 1,000 non-functional MW from the producers’ licenses
Bogdan Tudorache ANRE has eliminated another 1,010 non-functional MWs of capacity from the producers’ licenses, the institution announced. “ANRE considers…
EDPR’s Net Profit rises 17% to 556 million euros in 2020, based on operating assets with a capacity of 12.2 GW
EDP Renewables, a global leader in the renewable energy sector and the world’s third-largest wind power producer, reported a net…
Italian Alerion Clean Power wants to build 200 MW PV in Romania
Italian company Alerion Clean Power signed a collaboration agreement with PV Project RO, a Timisoara-based company with Italian shareholders, for…
Altecovent, your heat recovery ventilation specialist (P)
If you plan to install a heat recovery ventilation system or heard about it and want to know more, look…
Timmermans: I hope that Romania will soon come up with a plan to give up coal completely
Romania should soon come up with a plan to completely abandon the use of coal to produce energy, as this…
Ministry of Energy will develop a national strategy for hydrogen
Romania is going to elaborate in the next period a national strategy regarding the production of hydrogen energy, this being…
Nuclearelectrica: The construction of new reactors will cost 7 bln. euro
The construction of reactors 3 and 4 from Cernavoda will cost seven billion euros, and the investment decision and site…
V. Popescu: Iernut project was a total failure, but the plant must be completed this year
The project of the power plant that Romgaz is building in Iernut was a total failure, as the works were…
EC approved a grant of 254 mln. euro for the modernization of the Capital’s district heating system
The European Commission approved, on Tuesday, based on the EU norms regarding the state aids, Romania’s plans to support the…