FP: Net profit of 1.8 bln. lei in H1, mainly due to OMV Petrom and Hidroelectrica
Fondul Proprietatea achieved a net profit of 1.8 billion lei in the first half of 2021 (H1), compared to a…
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Electricity
AFEER proposes the cut or waive of VAT and excise duty on electricity and gas
The AFEER Association of Electricity and Gas Suppliers asks specialists “from the entire energy sector to participate in consultations related…
Competition Council asks CFR to allow operators to choose their energy suppliers
Competition Council recommends that the Romanian-owned railway company, CFR, allow freight operators to choose their energy suppliers, according to a…
Transelectrica gets a new transformer – investment of 15 mln. lei
Transelectrica has announced an increase in the transfer capacity at the interface between the electricity transmission and distribution network, as…
Electrogrup starts installing 16 recharging e-charging stations in Oradea
The constructor and supplier Electrogrup has taken over the location and will soon begin the execution of the contract for…
SIEN 2022 – Go Nuclear For Green
On November 16-17, SIEN 2022 is organized by the Romanian Association “Nuclear Energy” – AREN in partnership with the Romanian…
The EC starts the pilot phase of the Smart Readiness Indicator for buildings in the EU
The European Commission invites the member states are to contribute to the optional pilot testing of the Smart Readiness Indicator…
France: 30.5 billion euros scheme to support production of electricity from renewable energy sources
France notified the Commission of its intention to introduce a new scheme to support electricity produced from renewable energy sources,…
Romgaz, Transelectrica and Transgaz report declining profits in H1, SNN up by 12%
Romgaz reported a net profit down by almost 5% (4.89%) in the first half of this year (H1), compared to…
Nuclearelectrica holds deposits of about 515 mln. lei at Eximbank
Nuclearelectrica announced the establishment of a new deposit, of 73.47 million lei at Eximbank, for which it receives an interest…
4 to 5 more years for the Râul Mare-Retezat hydroelectric power plant to operate at the project capacity
45 years after commissioning, Gura Apelor Lake was filled to the projected parameters. Beyond the closing of a chapter in…
AFM: More than 1,000 companies have signed up for the Rabla Plus green car subsidy program
More than 6,000 people have so far signed up for the Rabla Plus 2021 electric and hybrid car subsidy program,…
Transelectrica’s CEO joins the AEI and FEL initiative to modernize the energy system
Bogdan Tudorache The new CEO of Transelectrica, Bogdan Toncescu, joined the AEI and FEL initiative to restore the design of…
Final reception for the Gura Apelor dam (Hidroelectrica)
Hidroelectrica has completed the filling procedure at the projected normal retention level (1,072.5 mdM) of Gura Apelor Lake, belonging to…
Electricity and gas – the most expensive during the last year
Electricity, natural gas and edible oil prices have risen the most in the last year, according to data from the…
Households’ electricity consumption increased by 8.3% in H1
Final electricity consumption increased by 7% in the first six months of this year (H1), compared to the same period…
E.ON completed lighting works at the third school in the 2021 program “Energy in childhood schools”
E.ON Energie Romania completed this week works for changing the lighting fixtures at the third school included this year in…
EY: Hidroelectrica – Steag deal, estimated at 120-160 mln. USD
Bogdan Tudorache Deal activity rebounded strongly in H1 2021 in Romania, with a total of 69 transactions, reflecting a 19%…
Electrica will have a subsidiary dedicated to investments in renewables
The Extraordinary General Meeting of Shareholders (EGMS) of Electrica approved the participation of Electrica SA (ELSA), together with the Subsidiary…
Chisăliță: Capping electricity and gas bills would have harmful long-term effects on investments
Bogdan Tudorache The capping of electricity and gas bills, a measure proposed by the opposition, would be a disastrous decision…
UK: Ofgem raises the price of energy prices for the population
Bogdan Tudorache Around 15 million families will see their energy bills soar by at least £139 annually after a regulator…
Senate meets today to discuss bad payers’ disconnection ordinance
Bogdan Tudorache The Permanent Bureau of the Senate convened the plenary session for the extraordinary session on Tuesday in order…
ROMATOM: The Romanian nuclear industry could provide 20,000 jobs in the context of new projects
Romania’s nuclear industry currently provides 11,000 jobs, a number that could increase to 20,000 in the context of new nuclear…