European gas prices fell below 70 euro per MWh
Reference gas prices on the European market are falling in the new year, as mild weather has reduced demand, reports…
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Norway: Electric cars reach almost 80% of total private vehicle sales in 2022
Electric cars accounted for almost 80% – a new world record – of new passenger car registrations in Norway in…
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 &…
The government has decided to over-tax oil and gas companies
The Government of Romania approved, at the proposal of the Ministry of Finance, the introduction by Emergency Ordinance of an…
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…
Spain and Portugal impose extra charges on energy companies, banks and retailers
Spain’s Senate has given final approval to taxing banks and big energy companies extra for excess profits, a measure aimed…
Romania’s economy grew in 2021 by 5.8%, compared to 2020
The estimated Gross Domestic Product for 2021, in semi-final data, was of 1,187.402 billion lei in current prices, increasing in…
József Balogh: From UE price cap to Russian fur hat (usanka)
The idea of price fixing is having a real renaissance in Central Europe. If any of the retired employees of…
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…
OMV and its partners to invest USD 921 million in a gas field in Norway
Austrian group OMV and its partners have decided to invest 9.1 billion Norwegian kroner ($921 million) to develop a gas…
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…
Distribuție Oltenia and ADREM – a year of partnership in the Apprentice Electrician program
The training of the new generation of energy specialists is a responsibility that Distribuție Oltenia has assumed since 2016, through…
Capping: The affidavit will no longer be required, but some problems remain
Although the issue of the affidavits in case of energy price capping (declarations on own responsibility) has been resolved for…
Gabriel Andronache, president of the Transelectrica Directorate for another term of four months
Gabriel Andronache was elected president of the Transelectrica Directorate on Monday for a period of another four months, starting from…
Romania’s crude oil production fell 6.2% in 10M of 2022; imports up by 31%
Romania produced, in the first ten months of 2022, an amount of crude oil of over 2,436 million tonnes equivalent…
First high-level round table on joint procurement of natural gas in the EU
European Commission convened a high-level industry roundtable on Tuesday to support work under the EU Energy Platform towards joint gas…
Electrica aims to enter the FTSE Russell indices, calls for services to increase liquidity
Electrica, one of the most important players on the electricity distribution and supply market in Romania, signed for market-making services…
Signify, for the sixth consecutive year in Dow Jones Sustainability Index
Signify was included for the sixth consecutive year in the Dow Jones Sustainability Index, being in the top 1% of…
Corneliu Bodea, Adrem: We estimate a turnover of over 250 mln. lei for 2023
The Adrem Group estimates, for 2023, a turnover of over 250 million lei, after approximately 208 million lei, in 2022,…
Eurostat: Romania, the largest increase in final energy consumption in the EU, in 2021
Primary energy consumption in the European Union increased by 5.9% in 2021, to 1,309 billion tonnes of oil equivalent (Mtoe),…
Nicușor Dan: Bucharest will have 200 electric buses and trolleybuses supplied by Solaris and Karsan
Bucharest will have 100 trolleybuses and 100 new electric buses, and thus, public transport will become more attractive both for…