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EU regulators scrutinize RWE and E.ON deal

EU regulators will take a hard look at part of the deal between German utilities RWE and E.ON to make…

Ovidiu Demetrescu: There is no national strategy to focus on electromobility

Before developing a national electric car program, Romania should focus on urban mobility, says Ovidiu Demetrescu. “At this point we…

Nuclearelectrica has completed its strategic plan for 2019-2022

The consolidation of energy production, the refurbishment of Unit 1 and the project of Units 3 and 4 in Cernavoda…

Anca Dragu (E.ON): It was expected that the EC would trigger Romania’s infringement

European Commission officials were expected to start infringement proceedings against Romania in the gas sector, as OUG 114/2018 violates the…

Delgaz Grid specialists practice training in virtual reality

The virtual reality learning system at Delgaz Grid’s Education Center in Suceava simulates a three-dimensional space that faithfully reproduces an…

CIS GAZ builds two gas pipelines

CIS GAZ, specializing in pipeline construction and service provision for the oil and gas industry, signed two investment contracts with…

Ministry of Energy: Romania cannot give up coal until 2030

Romania can’t abandon the production capacity of the CE Oltenia until 2030 without an acute energy risk, according to the…

Stab, Engie: I do not like GEO 114. A non-disruptive formula should be found

Romania should define and implement the legislation for the vulnerable consumers, and the Ordinance 114/2018 does nothing but create distortions…

After Italy, Turkey’s economy enters technical recession

Turkey, a major emerging economy once perceived as a rising star by international investors, entered a technical recession (two consecutive…

The price of energy on the spot market is to-day the lowest in the region

The price in the spot market in Romania with delivery on Tuesday has an average of 34.78 euro per MWh…

ICCO Energ has entered insolvency

Marking this year’s second insolvency among the competitive energy suppliers, ICCO Energ, part of the Romanian ICCO group, entered insolvency,…

Annual inflation rose to 3.83% in February

Consumer prices rose by 0.79% in February 2019, compared with the previous month, while annual inflation rose to 3.83%, amid…

ANRE promotes green energy and storage

Power distributors who are required to expand the network should, under certain conditions, offer those who wish to connect to…

Global partnership for artificial intelligence technologies in irrigation

Valmont® Industries, Inc., a leading global provider of engineered products and services for infrastructure and irrigation equipment for agriculture announced…

Tesla is raising prices after backtracking on store closures

Tesla will raise the price of its vehicles after going back on a recent decision to close most of its…

Fiscal Council: The budget deficit will reach 3.5% of GDP in 2019

The latest version of the 2019 budget provides for higher spending by more than 2 billion lei, following the introduction…

The sovereign fund will reduce budget revenues by 4.7 billion lei

The Sovereign Development and Investment Fund (FSDI) will reduce revenues to the state budget by 4.7 billion lei, according to…

Delgaz Grid (E.On) invests 215 million lei in the distribution network

Delgaz Grid, the distribution company of the E.On Group, has posted in the Electronic Procurement System calls for proposals worth…

Spot electricity price decreases

The average day aheam market (DAM) closing power price on OPCOM exchange was about 230 lei/ MWh in February 2019,…