EY: Majority of CEOs fear recession will be worse than the financial crisis
The vast majority of CEO respondents (98%) are bracing for an economic downturn characterized by geopolitical tensions, supply chain disruption…
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Electricity
PwC: Rising energy prices require intervention measures, but these must be adapted to the current fiscal regime
The accelerated increase in natural gas and electricity prices starting in the second half of 2021, with a significant impact…
EY: Electric vehicles continue charge toward sales dominance
Electric vehicle (EV) sales in the US, China and Europe will outpace all other engines three years sooner than previously…
Schneider Electric appoints Marc Garner as Senior VP of its Secure Power Division in Europe
Schneider Electric, the leader in digital transformation of energy management and automation, has announced it has appointed Marc Garner as…
Gov’t allotted 335 mln. lei for capping and compensating energy prices
Romanian Government approved, in Wednesday’s meeting, the allocation of 335 million lei, sum from the tax on the additional income…
Energy subsidy cards to be supplied since February 1
The subject of energy cards was discussed in the Government meeting on Wednesday, and they will be distributed from February…
Submitting the index helps you stay within the price caps
After a tumultuous 2022, marked by the energy crisis, in which multiple changes to the legislative framework regarding the support…
New ABB E-mobility home charging solution for sustainable mobility goals
ABB E-mobility has unveiled its new Terra Home charging solution at CES 2023, the world’s most influential tech event in Las Vegas.…
Belgium and Engie reach an agreement on extending the life of two reactors by ten years
Belgium has reached an agreement with the French utility group Engie regarding the ten-year extension of the life of two…
Bege: I am skeptical that Romania will have offshore wind by 2030
I am skeptical that Romania will have wind energy production capacities in the Black Sea, until 2030, although I do…
European Energy – Local green projects of 1 GW in the medium term, increased interest in Power-to-X
European Energy is pursuing its expansion of activities in Romania, having under development a pipeline of 984MW renewable energy with…
Gerd Bommer, Head of Advantage Austria in Bucharest Austrian investors forge ahead, in spite of turmoil
Austrian companies already present here in Romania maintain their – already impressive – pace of investments and reinvestments of the…
E.ON issues green bonds worth 1.8 bln. euro to finance sustainable projects
E.ON successfully issued, in the first week of 2023, two tranches of bonds with a cumulative value of 1.8 billion…
EDPR starts legal actions against energy taxes imposed by Romania and Poland
Portuguese renewable energy producer EDP Renovaveis announced on Monday that it will take legal action against the new taxes imposed…
Solar plant of 1.1 MW for Transparent Design, investment of 1.6 mln. euro
E.ON Energie Romania and Transparent Design, the largest flat glass processor in Romania, have recently completed the construction of a…
Schneider Electric unveils sustainable home energy management solution at CES 2023
Schneider Electric, the leader in the digital transformation of energy management and automation, unveiled Schneider Home – a first-of-its-kind home…
EPG: Romania needs 15 GW of offshore wind power, it must partner with Bulgaria
Offshore wind power has a major role to play in Europe’s goals to reduce dependence on fossil fuel imports and…
BMW has increased its EV sales target for 2023
BMW Group announced on Wednesday that it plans to increase the share of fully electric vehicles in total sales to…
NuScale Power and RoPower sign the contract for phase 1 of development of the SMR power plant
NuScale Power and Romania’s RoPower Nuclear S.A. (RoPower), owned in equal shares by S.N. Nuclearelectrica SA and Nova Power &…
Robbing Hood or Robin Hood? A note on the economic analysis of energy-industry special taxes in Hungary
“Today forgetting has perhaps grown more puzzling, than remembering (…)” – so Sigmund Freud starts chapter 7 of his Psychopathology…
UK produced a record amount of wind power this year
Wind farms in Great Britain generated a record amount of electricity this year, thanks to windy weather and an increase…
Turkey is interested in buying small modular reactors from the US
The Government and private companies in Turkey are in talks with the US regarding the purchase of small modular reactors…
Virgil Popescu discussed, in Korea, about cooperation in the Romanian nuclear program
The Minister of Energy, Virgil Popescu, discussed, in the Republic of Korea, cooperation in order to develop the Romanian nuclear…