Switzerland rejects plan to speed up exit from nuclear energy
Swiss voters rejected a plan to accelerate the country’s exit from nuclear energy in a referendum Sunday, turning down an…
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Electricity
Nuclearelectrica acuses public pressure of FP for giving up 3 and 4 Reactors
Following the decision of Fondul Proprietatea (FP) to oppose “vehemently” the renewal of the Board of Directors of the National…
Enel pledges investments worth 4.7 billion euro into digitisation
Enel Group pledges 4.7 billion euro investment to digitise Enel’s asset base, operations and processes and enhance connectivity, and…
Fondul Proprietatea asks for a new management at Nuclearelectrica
Fondul Proprietatea announces that it strongly opposes the proposal of Nuclearelectrica’s Board to renew its mandate and maintain the same…
France to shut down all coal-fired power plants by 2023
Two years after the UK has pledged to stop burning the fossil fuel (until 2025), France announced it will shut…
Electromagnetica turns into black, despite revenue falling by 40%
Electromagnetica posted profit in the first nine months of this year, showing a positive net result of 5.440 million lei,…
Electrica: Operating profit up 12% at 9M, in spite of 7% cut in supply price
The amount of electricity supplied by Electrica increased by 6.7% in the first nine months of the year (9M), and…
How does the Bradu station look like, upgraded by 29 mil. Euro
The high voltage station in Bradu, near Pitesti, is being upgraded under a project worth 29 million euros led by…
Nuclearelectrica’s profit halves, Unit 1 damages
Nuclearelectrica (SNN) recorded a net profit of over 64.5 million lei in the first nine months of this year, down…
Iancu: The next three years will be the hardest in the history of the energy system
Although the predictability of the legal framework is a priority for the European Commission, four new Union directives are to…
Greg Konieczny (Property Fund) accuses the Ministry of Energy that violates the principle of transparency in Nuclearelectrica
Given the current situation of the electricity market and the long term forecasts, the Property Fund considers the project on…
Romania loses investments because of bureaucracy and system bottleneck
Fragmented collaboration between the various authorities and lack of a predictable tax regime block energy investments. During the session dedicated…
Romgaz offers Duro Felguera and Romelectro the Iernut deal, worth 269 mln. euro
Romgaz has signed on Monday the contract for the new Iernut Thermal central, worth about 269 million euro, with a…
Fondul Proprietatea negotiates the exit from Engie, Enel and Electrica subsidiaries
Fondul Proprietatea (FP) currently negotiates the sellout of share packages it owns in Engie, Enel and Electrica subsidiaries, and deals…
Europe’s energy intensive industry asks for 100% EUAs exemption
Members of Central Europe Energy Partners (CEEP) are urging 100% free EU Emission Allowances (EUAs) for energy-intensive industries, such as…