State aid for EC Oltenia and Tarom, in negotiations with the European Commission
The Romanian authorities are in talks with the European Commission (EC) regarding the granting of state aids to Oltenia Energy…
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Renewables
The Supervisory Board could change the CE Oltenia directorate on Tuesday
Bogdan Tudorache The Supervisory Board of the EC Oltenia could decide on Tuesday, February 18th, to change the current directorate,…
CE Oltenia will be closed, if not restructured; Finances sent financial inspection
The Oltenia Energy Complex (CEO) will be closed if it does not follow the restructuring plan it undertook to receive…
Green PPAs can boost renewables, pay off – German energy agency
Long-term company contracts for the supply of renewable energy – also called corporate green power purchase agreements (PPAs) – are…
Renewable energy accounted for 21% of the total energy used for heating and cooling in the EU
In 2018, renewable energy accounted for 21% of the total energy used for heating and cooling in the European Union…
GEO on support for CE Oltenia was published in the Official Gazette
The Oltenia Energy Complex will receive a rescue aid worth 251 million euro, according to GEO 12/2020, which was published…
Storm ”Ciara” blows German wind power production to new record
The storm dubbed “Ciara” has pushed wind power production to a new record in Germany, temporarily boosting feed-in into the…
Bosnia’s Elektroprivreda BiH to start building 48 MW Podvelezje wind farm
Bosnian state-controlled power producer Elektroprivreda BiH said it will soon start erecting the 15 wind turbines of the future 48…
V. Popescu discussed with EC officials about the rescue of CE Oltenia: The prospects are very good
The Minister of Economy, Energy and Environment and Business, Virgil Popescu, met in Brussels on Monday with the European Commissioner…
ELCEN: PMB is trying to blame us for thermal power failures
Termoenergetica suffered a major breakdown on Friday evening at 22:40. During the night, coordinated technical maneuvers were carried out by…
Europe installs a record 3.6 GW of offshore wind in 2019
Bogdan Tudorache Europe installed 3.6 GW of new offshore wind capacity in 2019, according to statistics released today by WindEurope.…
It’s official: EC Oltenia receives state aid of 251 million euros, through Ordinance
The Romanian Government approved, in the meeting on Tuesday, the Emergency Ordinance by which the Oltenia Energy Complex receives 1.2…
Lukoil injects over 23 million euro into the Romanian wind business
Lukoil, through a subsidiary registered in the Netherlands, is increasing with over 23 million euro (110 million lei) the share…
CE Oltenia: EC received the request for over 250 million euro worth state aid
The Oltenia Energy Complex claims that the requirements regarding the formal transmission of the state aid of approximately 251.5 million…
Activists occupy German coal plant site Datteln 4 in green protest
More than 100 environmentalist activists occupied the site of the yet-to-be commissioned Datteln 4 coal fired power plant in western…
PNIESC: Romania aims to reach a target of 30.7% for renewable energy in 2030
Romania has proposed to reach a target of 30.7% for energy from renewable sources, from the total energy consumption, increasing…
Meridian: Introduction of Roşia Montană in UNESCO aims to block Europe’s largest gold and silver resource
The registration of Roşia Montană in UNESCO’s heritage sites lists does not aim to save it, but to block the…
Boza: There was no actual damage, it is an old document, signed by only one of the four experts, challenged by a criminal complaint
Bogdan Tudorache Sorin Boza, demoted from the position of President of the CE Oltenia Board of Directors, told energynomics.ro that…
ELCEN: City Hall and Termoenergetica do not fulfill their payment obligations
Bucharest City Hall (PMB) and Termoenergetica do not honor their payment obligations assumed although there is money available, a statement…
CE Oltenia sells below cost to secure the market share and to keep prices down
UPDATE January 28 Few hours after we published this article, information emerged that Sorin Boza was replaced from the position of…
Renewables remain close to the 24% target, although slightly decreasing – Eurostat
The share of energy from renewable sources in gross final consumption of energy in the European Union increased in 2018…
Alstom attains a score of “A-” in CDP 2019 climate change ranking
Alstom has maintained its score of “A-” in the 2019 CDP climate change questionnaire. This consistency demonstrates Alstom’s commitment to…
Iorgulescu answers to Greenpeace: We have respected the contracts concluded with the MA
Bogdan Tudorache More than 13 million euro are allocated in the Casa Verde project (and probably partially spent) to collateral…