Hidroelectrica restarts hydro unit 5 at Portile de Fier I
Hidroelectrica has completed the part of preparation and tests for hydro unit number 5 from the Portile de Fier I…
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Green fuels for Romanian industry decarbonization: who would actually benefit?
Green hydrogen produced from renewable energy, as well as green fuels in general, are expected to play an increasing role…
Decarbonization of steel production, a challenge for the future of Romanian industry
Romania’s steel sector is responsible for approximately 6.3% of national carbon dioxide emissions, and in these conditions the decarbonization of…
Ministry of Energy: Feasibility study for the SOCAR-Romgaz LNG terminal was completed
The feasibility study for an LNG terminal at the Black Sea, on the Romanian coast, was completed with positive results.…
Nicuşor Dan: Three offers were submitted for the 20 modular thermal power plants
Bucharest City Hall mayor Nicuşor Dan announced that three offers have been submitted for the purchase of the 20 modular…
Delgaz Grid purchases, on average, 200,000 natural gas meters annually
Delgaz Grid invested, in 2023, over 35 million lei for the purchase and installation of over 200,000 natural gas meters,…
Financial results 2023: Electrica and Transelectrica mark growth, Romgaz and Transgaz – decrease
The Electrica Group recorded a net profit of 620.4 million lei in 2023, up by 61.6 million lei (plus 11%).…
Sebastian Burduja: Nicușor Dan refuses to approve the merger between ELCEN and Termoenergetica
Nicușor Dan refuses the approval of the merger between ELCEN and Termoenergetica by the General Council, according to a press…
Giles Dickson: European governments need to ensure that parks use European turbines
Giles Dickson, CEO of Wind Europe, Europe’s wind industry association, said EU member state governments must support European turbine production…
Presidency approves a new law on helping the vulnerable consumer
President Klaus Iohannis promulgated the law for the approval of the Government’s Emergency Ordinance 166/2022 regarding some measures to provide…
Schneider Electric announces innovative tax credit transfer agreement with ENGIE
Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that it has committed to…
Transelectrica completes the OPL of 400 kV Portile de Fier – Anina – Reșita, investment worth 150 mln. lei
The most challenging project to build a 400 kV overhead power line (OPL) – Portile de Fier – (Anina) –…
Rompetrol records a loss of USD 270 mln., turnover falls by 19%
Rompetrol Rafinare, a member company of the KMG International Group, recorded, in 2023, a decrease in financial indicators, on the…
AFM approved the subsidies for 2024 – Prosumers get 2 bln. lei, eco cars – 1 bln. lei
The budget of the Environmental Fund Administration (AFM) for the year 2024, approved in the Government meeting on Wednesday, provides…
Teofil Mureșan: E-Infra to put into operation 120 MW of storage in 2024
The E-Infra group will put into operation 120 MW of storage this year, 60 MW in June, and another 60…
OX2 Romania has technical connection permits for 572 MW of wind projects
The wind projects developed by OX2 in Romania are progressing on all key phases. The Swedish company holds the technical…
Electrica shares admitted to the FTSE Russell international indices
Electrica’s shares have been admitted for inclusion, for the first time, in the composition of the FTSE Global Equity Index…
Nicușor Dan: ELCEN – Termoenergetica merger doesn’t need the approval of the General Council
Bucharest City Hall mayor Nicuşor Dan says that a draft decision approved by the General Council of the Municipality of…
Romania has over 110,000 prosumers – total capacity of over 1,400 MW
The number of prosumers slightly exceeds 110,000 and the installed power was over 1,400 MW, on December 31, 2023, registering…
Sierra Quadrant: A third of Romanian companies have massive capitalization deficiencies
The increase in taxes, the accentuation of the financial blockade and the effects of inflation create big problems in the…
More education needed in the market on the concept of PPA
The energy market in Romania needs to be educated about the concept of Power Purchase Agreements (PPAs), stated Ionuț Ciubotaru,…
TÜV NORD Group has reached a turnover of 1.6 billion euros
TÜV NORD Group has reached a turnover of 1.6 billion euros, said Ioannis Felemegkas, Managing Partner of TÜV NORD Romania,…
Elektra Renewable Support: Most of the projects we are involves in are hybrid
Elektra Renewable Support is currently developing projects totaling more than 1 GW of wind and solar energy. In about one…