OMV CEO says that the impact of the solidarity tax expected by the EU could be “massive”
The CEO of Austrian group OMV said on Thursday that the European Union’s proposed tax on extraordinary profits made by…
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Photon Energy launches new 7MW solar project, will reach 32MW by the end of the year in Romania
Photon Energy launches a new 7 MW solar project and announces that it will reach a total capacity of 32…
Popescu: Romania did not oppose the gas price cap, called for a wider ceiling
Romania proposed at the extraordinary meeting of the Ministers of Energy from the European Union that the gas price ceiling…
Government advisors call on Germany to use nuclear until end of energy crisis
The German Council of Economic Experts is calling for the country’s last nuclear power plants to remain in use until…
Schneider Electric upgrades motor management solutions
Schneider Electric, leader in the digital transformation of energy management and automation, has upgraded its motor management solutions. The holistic…
Young engineer from Servelect in the finals of the EU Sustainable Energy Week Awards
This year’s EU Sustainable Energy Week Awards finalists include Timea Farkas, a young woman from Cluj, PhD student at the…
Tinmar Energy, target of media attacks; the company did not give up any customers
Tinmar Energy is the target of baseless attacks in certain media outlets, as the company has not dropped any customers…
Czech Government will also cap gas and electricity prices in 2023
The government in Prague has reached an agreement on capping gas and electricity prices in 2023, in order to mitigate…
Reference prices for natural gas in Europe are falling, before the EU intervention to solve the crisis
The price of natural gas in Europe fell for the third day, after the European Commission insisted on interventions on…
New extraordinary meeting of the European Ministers of Energy, on September 30
European Energy Ministers will meet again on September 30 in Brussels to examine the emergency measures proposed by the European…
Popescu: EC approved subsidies of 1.5 bln. euro for large energy consumers
The European Commission has approved the state aid scheme for large energy consumers, worth 1.5 billion euros, through which partial…
PNRR: Ministry of Energy extends the deadline for cogeneration projects
The Ministry of Energy has extended the deadline for high-efficiency cogeneration projects financed via PNRR in the district heating sector…
EU to propose a mandatory cut in electricity consumption and a tax on profit for energy companies
The European Commission will propose a binding target for reducing electricity consumption and a tax to direct energy company profits…
E.ON will reach 200,000 e-charging points by the end of 2022
Energy company E.ON is focusing on the future electric transport market. As a full-service provider of electric mobility and charging…
Virgil Popescu, from Brussels: We will adopt measures to reduce consumption, increase liquidity and reduce gas prices – overtaxation remains
The Minister of Energy, Virgil Popescu, responded from Brussels: the Union countries will adopt measures to reduce consumption, increase the…
Virgil Popescu will present GEO 119 in Brussels; what changes the EU could impose
While the entire energy industry eagerly awaits Brussels’ response to the presentation by the Romanian authorities of the new scheme…
About 500 gas stations are asking for 175 million lei for July through the compensation system
A number of 499 declarations regarding fuel compensation in the total amount of 174.52 million lei, related to the economic…
FIC launched a new development strategy for Romania
Romania, as well as other EU countries, is currently facing several economic challenges: high inflation, the energy market crisis, as…
FP and Hidroelectrica select the consortium of investment banks in relation to the IPO
Franklin Templeton, the shareholder of Fond Proprietatea (FP) and Hidroelectrica selected the consortium of investment banks in relation to the…
Bankwatch: Romania, among the last countries in the EU in terms of renewables per capita
Romania ranks last among EU countries in terms of solar and wind energy per capita, although the European Executive insists…
Virgil Popescu, from Brussels: We will adopt measures to reduce consumption, increase liquidity and reduce gas prices – overtaxation remains
The Minister of Energy, Virgil Popescu, responded from Brussels: the Union countries will adopt measures to reduce consumption, increase the…
Transelectrica’s priorities in ENTSO-E: Projects commensurate with the budget and support for the Republic of Moldova
At the invitation of the President of ENTSO-E, the members of the Transelectrica’s Supervisory Board and Management Board, a delegation…
Nicușor Dan: By the end of the year we will pay 220 mln. to Termoenergetica
Bucharest City Hall would pay off its debt of 220 million lei to Termoenergetica at the end of this year,…