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…
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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,…
Bucharest City Council votes today to establish the two companies that take over RADET
The General Councilors of the Capital vote today to set up the two municipal companies to take over the RADET…
INS: Romania has a surplus of 90 mln. euro in international electricity trade, 11 months – 2018
Romania exported electricity worth 210.6 million euros in the first 11 months of 2018, while the value of the imports…
Sources: BSOG will begin gas supplies starting with February, 2021
Black Sea Oil & Gas (BSOG) has booked 90% of the gas capacity at the national transport system (SNT) in…
Dragnea announced the amendment to GEO 114
PSD President Liviu Dragnea announced on Saturday that in the second part of the month the Government could adopt an…
Iorgulescu, AFM: The enrollment period for prosumers’ installers could be extended
The Environmental Fund Authority (AFM) is still collecting applications from solar panel installers for small green energy producers (prosumers), and,…
Producers and last resort suppliers, required to report prices and amounts of energy according to REMIT
Last resort suppliers (SLR) and electricity producers are required to report in accordance with REMIT their regulated prices for delivered…
New Supervisory Board at SAPE
The Ordinary General Shareholders Meeting of the of the Energy Participation Management Company (SAPE) elected five supervisors with four-year mandates…
Three groups bid to build $1.6 billion gas pipeline in Bulgaria
Three consortiums have submitted bids in a 1.4 billion euro ($1.6 billion) tender to build a pipeline to carry Russian…
Cosmin Marinescu explains why Iohannis rejected the budget: Excessively optimistic forecasts
The government’s macroeconomic forecasts are excessively optimistic, budget revenues are overvalued and based on promises, and spending is underestimated and…
Nicolescu: GEO 114 will either bring price increases or profit cuts for state-owned companies
Government Emergency Ordinance 114/2018 could have a very negative impact on the energy sector if it is not quickly changed…
Labor Inspectorate conducts inspections at LPG facilities
In March, the Labor Inspection conducts an action to verify how minimum requirements for improving the safety and health protection…
INS: Net investment in the national economy slightly increased last year, by 0.8%
Net investments in the national economy totaled 84 billion lei last year, increasing by 0.8% compared to 2017, according to…
Renewable energy producers can now sell energy and green certificates together
ANRE has developed the operating rules for a new market for energy producers from renewable sources, on which both energy…
Serbian oil firm NIS starts building 200 megawatt gas cogeneration plant
Serbian oil company NIS has started building a 200 megawatt (MW) gas-fired cogeneration plant, the biggest in the Balkan country…
Norway is about to decide whether its $1 trillion fund dumps oil & gas
Norway is about to decide whether to let its $1 trillion sovereign wealth fund dump all its oil and gas…
Anna Colucci (DG ENER): Freezing prices is against competition and it does not help the vulnerable consumers
Fixing, capping or freezing the energy prices decrease competition, and that usually is a source of revenues for the incumbent…