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,…
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Electricity
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…
Solutions for producers of electricity from renewable sources, from the Ministry of Energy
The Ministry of Energy has put into public debate the draft of the emergency ordinance for amending the Law 220/2008.…
George Crabtree: Energy storage has the potential to change the way we live
The striking and swift evolution of cell phones from cumbersome bricks to sleek, powerful devices owes a lot to the…
14 candidates per seat for Hidroelectrica’s Supervisory Board
No less than 84 candidates have applied for the six positions in the Supervisory Board of the Society of Hydroelectric…
Energiewende is running up against its limits (Jeffrey Michel, in energypost.com)
German transmission system operator Tennet recently announced an 80% increase in its transmission fees because of the high construction costs…
Bulgaria to pay Russia 400 mil. euro for canceled Belene project this year
Bulgaria will pay Russian state nuclear company Rosatom 400 million euros ($446 million), the bulk of the compensation for the…
New benchmark: Green power installations beat fossil fuel for first time
Renewable energy reached an important turning point last year with record new installations of emissions-free power surpassing sources that burn…
Romanians bought this year 700 hybrid and electric cars
Nearly 700 electric and hybrid cars were sold in Romania in the first nine months of 2016, reflecting an increase…
World Bank: Energy prices to go up 25% in 2017
The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel…