Electricity
Tesla promises to build the largest battery system in the world within 100 days
Tesla has agreed to build the world’s largest lithium-ion battery storage project in South Australia, billionaire founder Elon Musk said…
Volvo announces the historic end to classic internal combustion starting with 2019
All new cars launched by Volvo from 2019 onwards will be partially or completely battery-powered, in what the company called…
Fitch assigns for the first time a rating to Transelectrica, assumes state will prioritise investments over dividends
Fitch Ratings has assigned for the first time a rating to Romanian national power transport and system operator Transelectrica, told…
Bogdan Badea takes over the chairmanship of the Hidroelectrica Directorate
During the July 5th 2017 board meeting, the Supervisory Board of Hidroelectrica has appointed three new members to the Executive…
OMV Petrom resumes operations at the Brazi power station
OMV Petrom resumed operations at its Brazi power plant, but it will still operate at half of the capacity, respectively…
Hidroelectrica has two new members in the Supervisory Board
The shareholders of the energy producer Hidroelectrica, one of the most profitable state-owned company, have appointed two new members to…
CEZ ended 2016 with losses worth about 50 mln. euro in Romania
CEZ has registered losses of 229 million lei last year in Romania, after a negative outcome of 410 million lei…
Zmelik, CEZ: We need new rules especially on the balancing market after the winter speculations
What happened at the beginning of the year on the electricity market, when prices climbed a few figures over the…
Power consumption surged on Saturday by 49% in Bucharest
The electricity consumption increased with 49% on Saturday in Bucharest, compared to the same day of the previous week, according…
Enel looks to Vietnam in Asian green energy drive
Italian utility Enel plans to expand its green energy capacity in the next few years by entering two or three markets in…
ABB acquires KEYMILE division to strengthen digital grid portfolio
ABB announced it has agreed to acquire the mission-critical communication business of the KEYMILE Group to strengthen its communication networks…
Racovita hydrocentral, locked due to lack of local infrastructure funding
Although Hidroelectrica has completed the hydro power plant in Racovita, Sibiu County, on the Olt river, since 2013, it does…
Transelectrica cuts regulated tariffs by 19%
The state-controlled electricity transporter Transelectrica, announced that as of July 1st, the average tariff for the transport service drops by…
Bucharest City Hall decided building 30 e-car charging stations
About 30 modules of charging stations will be implemented in the capital, according to a decision adopted on Friday by…
German investors react, too: Fiscal changes obstruct FDI – AHK Romania
The tax changes announced by the new government are directed “against the business environment” and are “a real danger to…
Heatwave grows energy consumption by up to 40%- E-Distribuţie Muntenia
The very high temperatures recorded in Bucharest over the past few days have led to an increase in electricity consumption…
Toma Petcu: We have unlocked discussions for Reactors 3 and 4
During a speech before the joint committees, the re-appointed minister of energy, Toma Petcu, said that the ministry he has…
MOL and E.ON to build an e-car charging network, also in Romania
The European Commission has approved the project through which MOL and E.ON will build a European-based charging network for electric…
Hidroelectrica needs two new members into Supervisory Board, management’s situation is uncertain
In the context in which the mandates of Hidroelectrica management were not prolonged due to the lack of quorum Friday,…
RATB purchases energy from Hidroelectrica inside a 7.4 mln. euro deal
Hidroelectrica won a new auction: it will supply the public transport network in Bucharest with electricity in the next 12…
Germans move into state’s hands nuclear waste responsibility for 24 bln. euro
The German government and the country’s nuclear plant operators signed a long-awaited contract about the funding for the final storage…
General Electric gets the first major order in Romania after the Alstom takeover
The conglomerate US General Electric (GE) won a major equipment supply agreement for the new 430-megawatt power plant at Iernut,…