ELCEN – net loss of 18 million Lei in 2018
Elcen recorded a net loss of 18.27 million lei in 2018, from a profit worth 35.9 million lei in the…
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Trading & Distribution
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…
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.…
The average price of DAM remains relatively constant, at around EUR 48 per MWh
The average energy price on the Day Ahead Market (DAM) of the OPCOM Energy Exchange during the week February 18-24…
Electrica, net consolidated profit up by 34%
Electrica announced a net consolidated result of 230.4 million lei, up 34.3% as compared to 2017, according to unaudited preliminary…
E-Distribuţie Muntenia invested 24 mln. lei in two high voltage power lines in Bucharest
E-Distribuție Muntenia has invested 24.35 million lei in building two new underground high voltage power lines in Bucharest, in order…
Electrica completes the Board with N. Havrileț, R. Florescu and D. Andrei
Within the Ordinary General Meeting of Shareholders, Electrica’s shareholders approved election of the members of the Board of Directors of…
Enel Group reports a gross profit growth of 3.8%
Enel Group reported growing revenues to 75.6 billion euros, a 1 billion euro increase (+1.3%) compared with the 74.6 billion…
Enel X maintains demand response leadership in ireland for 2019-2020
Enel X, the Enel Group’s advanced energy services business line, was confirmed once again as Ireland’s demand response leader following…
Profit capped at 5% for electricity produced for households in portfolios of the suppliers of last resort
The National Regulatory Authority for Energy – ANRE approved Order no. 10/2019 on Pricing methodology for electricity sold by producers…
Romgaz and SAPE intend to build a new gas and electricity supplier
Romgaz, one of the two largest gas producers in Romania, will build a joint-stock company in association with the the…
4-year term for Corina Popescu as Electrica SA CEO
The Board of Directors of Electrica SA has appointed Corina Popescu to the position of CEO, starting with February 1,…
New record-prices on the day ahead market signal slow flexibility in the national power system
Power prices on the OPCOM Day Ahead Market – DAM reached new record levels, at a medium level 411 lei/MWh…
Petre Stroe (MET România Energy): Educating the consumer is the number one priority
Even if the supplier is focused on another market area than the distributor, I am sure that necessary steps must…
Industry rejects the rumored turnover tax on energy companies; ACUE warns about devastating consequences
The Federation of Associations of Energy Utility Companies (ACUE) expresses its deep concerns following the latest political statements stigmatizing energy…
