Firea: We can not pay 3.7 billion lei for RADET
Bucharest Mayor Gabriela Firea replied on Wednesday to criticism by Sierra Quadrant, the legal administrator of Electrocentrale Bucharest SA (ELCEN),…
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Romanian-Kazakh Fund approved two projects worth 230 mln. USD
The Board of Administration of the Romanian-Kazakh Energy Investment Fund met last week on their first working meeting since the…
The last days of signing up for Romanian energy start-ups to apply to PowerUp
PowerUp is the biggest competition from CEE for energy focused entities. Applications for the fifth edition of PowerUp! will close…
Newly installed solar capacity increased in EU by 36% in 2018, up to 8 GW
SolarPower Summit opened on Wednesday in Brussels announcing another year of growth for the global solar sector in 2018 to…
Electrica will present its new five-year strategic plan in July
Electrica has a few months to digest the impact on the costs of the latest regulations, and will give shareholders…
Romanian aluminum producer Alro to join BVB’s main index
The Bucharest Stock Exchange (BVB) said it will include aluminum producer Alro into its benchmark BET index as of March…
Alexey Miller: Gazprom will not be part of the “Balkan” gas hub
Gazprom does not plan to participate in the Balkan gas hub in Bulgaria. This was stated by the chairman of…
Bulgarian Energy minister: Technology for construction of Belene NPP is the most modern and reliable
After talks between Prime Minister Boyko Borissov and Prime Minister Dmitry Medvedev we can not talk about increasing dependence on…
Five EU countries call for 100% renewable energy by 2050
The European Union’s 28 energy ministers had their first public debate on the European Commission’s 2050 climate plan on Monday…
Romgaz Energie and Titan Power were set up, companies dedicated to state investments
Romgaz Energie and Titan Power are two companies newly set up by SAPE in partnership with Romgaz and Electrocentrale Grup,…
Rosatom can resume construction of the Belene nuclear power plant in Bulgaria
Russian state-owned Rosatom is able to complete the construction of the Belene nuclear plant shortly and is at the same…
ANRE: Distributors will no longer pay the cogeneration contribution for the CPT
An ANRE draft order establishes that the four electricity distributors in Romania, Enel, CEZ, E.On and Electrica will be exempted…
Electrica announces consolidated profit up 34% in 2018, but legislative context will halve it in 2019
Although consolidated profits increased in 2018 by 34% in 2018, for 2019 Electrica estimates a 47% decline in consolidated profit.…
Ukraine is going to bring Russia in front of the European Commission for breaking EU Competition Law
Ukraine’s Naftogaz is preparing a formal complaint against Russian Gazprom’s “abusive and illegal practices”, announced Yuriy Vitrenko, Executive Officer of…
Boza, CE Oltenia: Group 5 Rovinari will be completed by 2020
Group 5 at Rovinari coal plant will be completed by 2020 by own forces, CEO Oltenia CEO, Sorin Boza, told…
Romania received France’s support for joining the OECD
Romania has received France’s support for joining the Organization for Economic Cooperation and Development (OECD), according to a press release…
INS: Sales of non-food products and fuels contributed to 6.6% increase in retail business
Turnover for retail trade (excluding trade in motor vehicles and motorcycles) increased by 6.6% in gross series in January 2019…
Competition: No deposits for wholesalers
The Competition Council regards as beneficial the initiative of the National Agency for Fiscal Administration (ANAF) to eliminate the obligation…
Russia wants EU guarantee to continue with TurkStream development
Russian Prime Minister Dmitry Medvedev told his Bulgarian counterpart Boyko Borissov on March 4 that Russia needs guarantees from the…
Romgaz and Petrom, under Competition’s scrutiny for the gas supply to own power plants
The Competition Council has launched an investigation to verify the conditions under which Romgaz and OMV Petrom deliver natural gas…
Cyprus energy finds boosting Western presence
Last Thursday’s announcement in Nicosia that a sizable gas deposit was discovered by US energy giant ExxonMobil in plot 10…
US: Energy storage has a breakout year
2018 may have been the year of residential energy storage, according to a leading analyst, but grid storage was no slouch.…
