A. Keresztes (Astrasun): Hungarian companies could relocate to Romania to develop renewable projects
Romania and Hungary have many similarities and both are at a point where they could create global renewable energy and…
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BRM: 4 obviously negative effects of Ordinance 153/2022 by which the electricity wholesale market is almost completely eliminated
In a press release, the Romanian Commodity Exchange states and argues 4 “obviously negative effects” of Emergency Ordinance 153/2022. Presented…
HE Gabriel Șopandă: Let’s increase energy production to give a boost to economic activities
The energy companies in Romania and Hungary should look for closer collaboration solutions, especially in light of the new geopolitical…
More and more transport companies are interested in reducing energy losses
Companies are becoming increasingly interested in solutions and systems that limit energy consumption and losses in the public transport and…
Hungary will have to invest 2.4 billion euros per year for 30 years to eliminate CO2 emissions
Hungary will have to spend 2.4 billion euros annually over the next 30 years to reach the objective set by…
Transelectrica posted a net profit up more than five times in the first nine months
The net profit of Transelectrica increased more than five times in the first nine months of the year, reaching 418…
Number of insolvencies in Romania increased by 10.7% in the first 9 months
The number of insolvencies increased in Romania by 10.7% in the first nine months of 2022, compared to the same…
Household electricity consumption fell by 8.1% in the first nine months
The national electricity consumption decreased by 5.7% in the first nine months of the year, the savings of the population…
Tanczos: Budget of 500 million lei for EV recharging infrastructure
The Ministry of Environment, Water and Forests (MMAP) announces the launch of a new financing program for the development of…
BNR increased the inflation forecast to 16.3% for the end of 2022
The National Bank of Romania (BNR) increased the inflation forecast for the end of this year to 16.3% and estimates…
Minister of Energy: For the year 2023, one third of the energy market will be found in the system approved on Friday
Approximately one third of the energy market will be found in 2023 in the system provided for in the ordinance…
Nuclearelectrica: Net profit of over 1.9 bln. lei on September 30, up 200%
Societatea Națională Nuclearelectrica recorded a net profit of over 1.939 billion lei on September 30, 2022, up 202.7% compared to…
Hungary has taken significant steps towards the unblocking of its NRRP by Brussels
Hungary has taken “significant steps” towards unlocking its national recovery and resilience plan (NRRP) by the European Commission, accepting its…
Virgil Popescu: Thermal power plants will not be closed, enter the technical reserve
Thermal power plants will not be closed, but, through the Decarbonization Law, they will enter a technical reserve, where they…
Jozsef Balogh: An (almost) perfect match – the missed cooperation between the Romanian and Hungarian electricity systems
Coupling Eastern European electricity markets at the European level was a big mistake. This forced project was created to hide…
Hungary badly needs Black Sea gas, but Romania needs to clarify its offshore legislation
Hungary is in great need of gas from the Neptune perimeter in the Black Sea, due to its massive dependence…
Romania and Hungary have to trust each other to make money together
Romania and Hungary are like yin and yang and could create a long-term business partnership if they could trust each…
Romania and Hungary should increase their collaboration in the energy field
The war in Ukraine pushed EU to accelerate the transition to clean energy to bring an end to the dependence…
NatGas can be mixed with renewables for better district heating supply
Heat supply solutions in natural gas plants can be very well integrated in a mix with other sources, such as…
Technical due diligence is a necessity for investments in renewables
Reducing CO2 emissions is the bridge between traditional industries and the renewable energy industry, emphasized Anca Mutu-Kovács, SAMER / LRQA,…
In the next eight years there will be financing of 6-700 mln. euro for the modernization of the Capital’s thermal network
Heating in Romania faced a dark period, between 2000 and 2020, in which inefficient gas was burned, Claudiu Crețu, general…
Hunedoara: Paroşeni thermal power station will continue to operate after 2032
Paroşeni thermal power plant, within the Hunedoara Energy Complex (CEH), will continue to operate even after 2032, and the construction…
US Exim Bank announced the issuance of two Letters of Interest for Units 3 and 4
At United Nations Conference on Climate Change (COP27), US Exim Bank announced the issuance of two Letters of Interest for…