DEER completed investments worth 70 mln. lei in Q1, above the budgeted level
Distribuție Energie Electrică Romania (DEER), a member company of the Electrica Group, made investments of 70.3 million lei in the…
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Electricity
PPC: Rețele Electrice acquire cables and conductors worth about 190 mln. lei
The three Rețele Electrice companies initiated a public tender on the SEAP platform, with a maximum cumulative value of around…
Delgaz Grid announces investments of 154 mln. euro in 2024, after last year’s record figure of 177 mln. euro
Delgaz Grid, part of the E.ON Romania group, last year made the largest investments in the last 18 years in…
Electrica: Distribution segment – revenues higher by 32%, group profit increases to 128 mln. lei
In the first three months of 2024, at the level of the Electrica Group, the profit before taxation, depreciation and…
MET Group appoints Clive Turton as new executive chairman of the Green Assets division
MET Group announces the appointment of Clive Turton as the new Executive Chairman of its Green Assets Division. With over…
Results of main energy producers – in line with the price drop, the system operators mark significant increases
Major energy-producing companies reported lower profits in the first quarter (Q1) of the current year, hit by falling prices over…
Păun, ACUE: Investment need in distribution networks is worth 15.6 bln. euro for the period 2020-2030
The investment requirement in distribution networks is 15.6 billion euro for the period 2020-2030, of which about 9 billion euro…
Urluescu: We expect a drop in gas prices
Household consumers’ bills for natural gas will drop to 0.23 and 0.25 lei per kWh in the coming period, well…
Mircea Abrudean: SGG signed the 56 mln. euro contract to finance the modernization of the Transelectrica network
The General Secretariat of the Government (SGG) recently signed a contract worth over 56 million euro regarding the modernization of…
Photon Energy Group gets a financing line of 15 mln. euro from the EBRD
Photon Energy announces that it has signed an agreement for a loan line of up to 15 million euros with…
You may be wondering who PPC is (P)
You may have noticed that the visual identity of your energy supplier has changed. The two suppliers part of the…
Emil Boc: Cluj Municipality intends to build a hydrogen plant
The Municipality of Cluj proposed to build a plant that would produce hydrogen – including from waste – for the…
Record performance for hydrogen buses tested in Cluj-Napoca
The performance of the hydrogen buses tested in Cluj-Napoca is among the best so far in the promotion tour that…
Ukraine doubles electricity imports, also from Romania
Ukraine intends to double electricity imports on Thursday, after a strong Russian attack on the country’s energy system, the Ministry…
Rețele Electrice companies to reach 1.7 mln. smart meters in 2024
Rețele Electrice companies maintain their commitment to digitalize electricity distribution networks, for the benefit of customers, with the aim of…
Petr Stohr, Premier Energy: Romania can become an energy hub; it is important to be listed
Romania can become an energy hub, so it is important for us to be listed on the Bucharest Stock Exchange…
ABB opens a new energy-efficient factory in Belgium, investment of 20 mln. euro
ABB has opened a new 20 million euro injection molding production capacity at Evergem near Ghent in Belgium to meet…
Saint-Gobain Romania signs 5-year PPA with OMV Petrom
Saint-Gobain has signed a 5-year renewable electricity supply agreement (Power Purchase Agreement or PPA) in Romania with OMV Petrom, according…
KHNP and Candu Energy are bidding together for the modernization of reactor 1 at Cernavodă
Korea Hydro & Nuclear Power (KHNP), a South Korean state-controlled company, announced on Monday that it had signed an agreement…
Ample energy price fluctuations highlight the need for flexible technologies
Electricity prices are experiencing large fluctuations in Europe, which highlights the need for more flexible assets on this market, reports…
The 3rd tour to promote hydrogen buses in Romania starts in May, as part of the JIVE projects
Romania hosts the third hydrogen bus roadshow this spring as part of the JIVE projects supported and funded by the…
ANRE: Obligation to install prosumer meters, established as early as 2021
The need for prosumers to install a meter that measures the electricity consumed from their own production is determined by…
Romanian energy and gas prices, among the lowest in the EU
Romania had in the second half of 2023 the third lowest price paid by the population for natural gas and…