ABB completes divestment of Power Grids to Hitachi
ABB reached a significant milestone in the company’s transformation towards a decentralized global technology company, with the completion of the…
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Enel X Romania launches a simulator for photovoltaic systems
Enel X Romania, part of Enel X, Enel Group’s advanced energy services business line, has launched a simulator for photovoltaic…
Bogdan Badea, Energy Strategy Summit: We need coherence in decision-making and legislative correlation; we may build a new central on Danube
Hidroelectrica may invest in the construction of a new plant on the Danube, while in the next period the feasibility…
Gov’t will cut the cogeneration tax, could launch a new support scheme; large consumer subsidies granted this month
Bogdan Tudorache Following the finding of the inefficiency of the cogeneration tax, it will be reduced, but for now it…
Verchere, Energy Strategy Summit: Black Sea Gas is a huge opportunity, but it won’t be forever
Black Sea gas is a huge opportunity for Romania, but it will not be forever, and at the moment, the…
Government is introducing the Kurzarbeit program
The reduced work program “Kurzarbeit”, applied in Germany, will be introduced in Romania, under the title ”Flexible work program”. The…
National economic recovery plan: 12.5 billion euro investment in NES over the next five years
The national economic recovery plan has a chapter for energy, which specifies that in the period 2020-2025 are scheduled investments…
The PAC Scenario: Net-zero by 2040 to meet Europe’s Paris goals
The EU is not on track to meet its Paris Agreement obligations on emissions and limiting the global temperature rise…
EU ministers exclude nuclear, fossil gas from green transition fund
European Union countries agreed that the bloc’s flagship fund to wean regions off fossil fuels should not finance nuclear or…
Renewables cover over half of German electricity use
Renewables covered more than half of Germany’s power consumption in the first six months of 2020, according to a first…
Plug-in hybrids unlikely to lower transport emissions – Greenpeace report
Plug-in hybrid electric vehicles, which are to be subsidised through the German government’s new economic stimulus programme with up to…
Enel Green Power scores its first solar tender win in India with 420 MW of capacity awarded
Enel Green Power (EGP), through its Indian renewable subsidiary EGP India, has been awarded the right to sign a 25-year…
Havrileţ, Energy Strategy Summit: Romania has a huge offshore wind potential, over 70,000 MW
Romania has a huge offshore wind potential, of over 70,000 MW, and could reach the UK level in this sector…
Bege, Energy Strategy Summit: Liberalization of gas and electricity markets will have beneficial effects on household consumers and attract investors
The liberalization of the Romanian gas market, on July 1, 2020, and of the electricity market, from January 1, 2021,…
PATRES: Amendments to Law 123 provide real support to prosumers
Bogdan Tudorache PATRES welcomes the initiative of the Specialized Commission to modify the legal framework for the functioning of the…
Electrica paid, in 2019, contributions amounting to almost 1.1 billion lei to the budget
The Electrica Group paid, in 2019, contributions amounting to 1.098 billion lei to the state and local budgets, according to…
E.ON at 15 years in Romania: Investments of 1.7 bln. euro for the modernization of distribution networks and the development of energy solutions
Since entering the Romanian market in 2005, more than 8,290 km of natural gas network have been modernized (about 50%…
OMV Petrom: The intensity of carbon emissions from operations decreased by 22% in 2019 compared to 2010
OMV Petrom has published the Sustainability Report for 2019. The report details the objectives and achievements set out in the…
Government changed the Forestry Code in order to unblock the activity of CE Oltenia
The government amended the Forestry Code by emergency ordinance to facilitate the removal from the forest fund of land necessary…
The first gas transactions for the next year – at a price of 60 lei/MWh
On Friday, the first gas transaction was made with delivery for the entire year 2021 at an average price of…
Suppliers will support penalties of 5-10% of turnover for market manipulation
The Commission for Industries and Services introduced an amendment to the Draft Law amending and supplementing the Law on Electricity…
ANRE: The price of electricity for the population will decrease by 1.89% from July 1
Regulated electricity tariffs will decrease by an average of 1.89% between July 1 and December 31, 2020, and the market…
Impetum: Managers estimate a two-speed return
Bogdan Tudorache Approximately 75% of the managers surveyed by Impetum Group consider that the economy is affected by crisis and…