Energy storage through the NRRP and the Modernisation Fund
Most of the renewable electricity generation (RES) plants in operation or under development already include battery energy storage (BESS) capacity.…
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News
OMV announces increase in hydrocarbon production in Q4- 2024
OMV AG’s hydrocarbon production and refining margin increased in the fourth quarter of 2024, compared to the previous three months,…
EU: Share of zero-emission vehicles in total registrations exceeds 14%
In 2023, almost 1.55 million new zero-emission cars were registered in the European Union, representing a share of 14.5% in…
Maia Sandu: Half of the electricity consumed by the Republic of Moldova comes from Romania
Half of the electricity consumed in the Republic of Moldova, on the right bank of the Nistru River, comes from…
Burduja, after the winter command: There will be no problems, although we also resort to imports
No problems are anticipated regarding the production of electricity and the adequacy of the system, declared the Minister of Energy,…
DRI commissions its second solar park in Romania, increases its local capacity to 173MW
DRI, the DTEK Group subsidiary responsible for renewable energy projects in the EU, has taken another important step in the…
Greenhouse gas emissions from the EU economy fell by 7% in 2023
Greenhouse gas (GHG) emissions from the economic activities of resident units in the European Union totalled 3.4 billion tonnes of…
Russia’s oil and gas revenues rose 26% in 2024
Russia’s oil and gas revenues to the state budget rose more than 26% in 2024, to 11,130 billion rubles ($108.22…
Gazprom to cut 40% of staff at St. Petersburg HQs
Energy giant Gazprom is planning to cut staff at its headquarters in St. Petersburg, a company spokesman said, as the…
Chisăliță: First gas price offers for the period after April 1
Gas and electricity supply contracts are mostly valid or have prices valid until March 31, 2025, so gas price offers…
Transelectrica announces completion of an 89 mln. lei project with European funds
The National Electricity Transmission Company has completed the investment in implementing a metering and management system for electricity measurement data…
Gazprom Neft to exit NIS stake in February
Gazprom Neft Group, the oil division of Russian giant Gazprom, will be given a 45-day grace period to exit Serbian…
Capital district heating projects – blocked by PMB, which has not paid debts to ELCEN
The financing contracts with ELCEN were signed in December 2024, but the company cannot proceed with these projects if the…
CNSP: Electricity and thermal energy production will decrease by 2% this year
Electricity and thermal energy production is expected to decrease by 2% this year compared to 2024, but will increase in…
European renewable capacity to triple by 2050, but Romania risks quickly saturating its market
Europe’s renewable energy capacity is set to triple by 2050, but the EU will still miss its climate targets, a…
Ministers of Environment and Energy notify DIICOT regarding the dissemination of false information
The Minister of Environment, Waters and Forests, Mircea Fechet, and the Minister of Energy, Sebastian Burduja, have filed a criminal…
Gov’t could extend the energy price capping and compensation scheme
One of the working scenarios on the table is to keep the compensation-capping scheme after April 1, 2025, and a…
Energy Minister: We have proposed to extend the operating terms of coal-fired power plants
Romania will ask the European Commission (EC) to extend the operating terms of coal-fired power plants by 2-3 years, because…
Poland’s largest investment program in history: ORLEN’s new strategy includes gas and storage
Energy security, modernisation, environmental stewardship, and product innovation form the cornerstones of ORLEN’s newly unveiled strategy, presented to the press…
PPC Group’s supply companies in Romania merge under the name PPE Energie (P)
On 31 December 2024, the supply companies PPC Energie and PPC Energie Muntenia, part of the PPC Group in Romania,…
Răzvan Popescu: Romgaz takes a first step in getting ready to become a direct gas supplier
Romgaz takes the first step towards supplying natural gas to household and small non-household customers, launching the tender for an…
Suspension of Russian gas supplies to Transnistria: EU denounces Russia’s ”hybrid war” against Moldova
European Union foreign policy chief Kaja Kallas accused Russia of “weaponizing gas” and waging a “hybrid war” in Moldova, where…
Poland approves financing of almost 15 bln. USD for its first nuclear power plant
Poland took another step towards building its first nuclear power plant, after the Warsaw government approved on Tuesday a financing…