Cristian Athanasovici: Although they have limitations, CE uses renewable energies as a panacea
The European Commission (EC) uses renewable energy sources as a panacea for the problems in the energy sector, but the…
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Many hotels will have to operate for less hours due to energy costs
Many hotels will operate for less hours due to high utility costs. The hotel industry has so far ignored investments…
Cogeneration is underdeveloped due to wrong decisions
The cogeneration energy production system for supplying consumers with heat and electricity is deficient due to wrong decisions made by…
EY: EU’s new sustainability directive (CSRD) is becoming a game changer
On 10 November, the European Parliament adopted the final Corporate Sustainability Reporting Directive (CSRD) text, which will require companies in…
Competition authorizes the takeover of Hidroconstrucția by Electromontaj
The Competition Council authorized the transaction by which Electromontaj SA took over Hidroconstrucția SA and the companies controlled by it,…
KMG International: Rompetrol, part of KazMunayGas for 15 years
KMG International – Rompetrol group celebrates 15 years within the National Oil&Gas Company of Kazakhstan – KazMunayGas. With the support…
Smart metering should be the starting point in adapting power grids to the new wave of green energy
The digitalization of the energy sector and the increasing input of renewable energy is already putting considerable pressure on the…
Every kilowatt-hour counts – how do you know how much energy you consume
Energy consumption per household depends on a number of variables such as the size of the home, its location, the…
Siemens CEO: Energy transition will fail unless industry fixes wind power issues
The CEO of Siemens Energy argued that the energy transition would fail unless his industry addressed a number of issues…
Lukoil will keep a refinery in Sicily in operation until a buyer is found
The Italian authorities have asked the Russian oil group Lukoil to continue supporting its refinery in Sicily, until the Government…
Delgaz Grid: Over 900 cases of fraudulent consumption of gas and electricity in 10 months
The energy inspection, a specialized structure within Delgaz Grid, identified, between January and October of the current year, 937 cases…
ANRE approved the payment of 6.2 billion lei to energy suppliers
The total amount verified by the National Energy Regulatory Authority and submitted for settlement in accordance with GEO 27/2022 exceeded…
Electrica Group, consolidated net profit up by 462 million lei, at 9 months
The Electrica Group obtained in the first nine months of the current year a consolidated net profit of 534 million…
E.ON Energie Romania and Transavia will build six photovoltaic plants
E.ON Energie Romania is developing the traditional partnership with Transavia also in the area of renewable energy solutions, going to…
Schneider Electric grants Automatica a production license for distribution installations
Schneider Electric granted the license certificate to its partner Automatica SA, for the production of PIX24 medium voltage electrical distribution…
Goldring: Listed energy companies could be negatively impacted by 5% of revenue after market regulation
Romanian Government recently announced, through an emergency ordinance, that it has decided to return to the regulation of the electricity…
Fondul Proprietatea’s profit increased by 13% in the first nine months
Fondul Proprietatea’s profit for the 9-month period that ended 30 September 2022 is of RON 3,510.2 million, compared with RON…
PwC: Romania ranks 39th out of 61 countries for attractiveness for green infrastructure investment
Romania ranks 39th out of the 61 most attractive countries globally for green infrastructure investment, after Uzbekistan and ahead of…
EBRD will support Romania in absorbing EU funds during the 2021-2027 programming period
The Ministry of European Investments and Projects and the European Bank for Reconstruction and Development (EBRD) signed on Tuesday in…
Petromidia new power plant will have the most modern cogeneration technology
The new power plant at Petromidia will have the most modern cogeneration technology and will provide the necessary electricity and…
Nuclearelectrica and Donalam signed a memorandum for the development of SMR
Nuclearelectrica SA, the only nuclear producer in Romania and a strategic contributor to Romania’s energy security and deep decarbonization, announces…
Transgaz reported a 144% increase in net profit at nine months
Transgaz reported a net profit of 273.559 million lei after the first nine months of this year, 144% higher compared…
OMV Petrom started production of AdBlue locally
OMV Petrom, the largest integrated energy company in Southeast Europe, has started the production of AdBlue, an essential product for…