ACUE: Measures taken overnight worsen the crisis in the energy sector
Establishing the average settlement price for electricity suppliers is an unconstitutional provision, contrary to European and national legislation, and the…
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A new GEO for energy has been published in the Official Gazette
A post on Facebook and a series of statements following the Government meeting constitute the official communication regarding the changes…
RWEA and PATRES – Public appeal to the Government: Overtaxation sends the whole industry into bankruptcy
The representative organizations in the field of renewable energy, RWEA and PATRES, sent an open letter to the Prime Minister…
USR submitted a new motion against the Minister of Energy, also supported by AUR
USR submitted, on Thursday, in the plenary session of the Chamber of Deputies, a new motion against the Minister of…
Bankwatch: 75% of the money allocated by the AFM for renewable energy, lost
The Environmental Fund administration managed to distribute to the population only 25% of the funds it had available for the…
EC could ask member states for electricity saving plans
The European Commission is analyzing the possibility of asking member states for plans to reduce electricity consumption, in line with…
Fondul Proprietatea’s profit is increasing thanks to Hidroelectrica and OMV Petrom
Fondul Proprietatea’s profit in the first six months of 2022 was RON 4,129.7 million compared with RON 1,801.1 million for…
Hidroelectrica’s profit increased by more than 55% in H1
Hidroelectrica’s net profit increased by more than 55% after the first six months, amid the doubling of energy prices. Thus,…
Raiffeisen Bank lists the first issue of sustainable bonds on the BVB
Raiffeisen Bank listed on Wednesday, August 31, the first issue of sustainable bonds, worth about 500 million lei, on the…
Hungary increases dependence on Russian gas through new contract with Gazprom
The Hungarian government signed an agreement with Gazprom to increase the volume of gas delivered by the Russian state company,…
Gazprom reports a record net profit of around 42 bln. USD in H1
Gazprom recorded a record net profit of 2.5 trillion rubles (USD 41.75 billion) in the first half of 2022, and…
Reference prices for natural gas in Europe are rising, after the halt of deliveries via Nord Stream
Reference prices for natural gas in Europe rose on Wednesday, after Gazprom stopped gas deliveries to Germany through the Nord…
Romania imported in S1 a quantity of electricity of over 3.8 billion kWh
Romania imported in the first six months of this year a quantity of electricity of 3.845 billion kWh, by more…
Virgil Popescu: Mintia buyer has 8,500 MW, has assumed investments of 1 bln. euro
The Ministry of Energy has no interest in blocking Mindia, claims Virgil Popescu, the Minister of Energy, in a Facebook…
ENGIE Romania: We secured the necessary volumes for clients in the portfolio
Against the backdrop of the reduction in gas supplies from Gazprom, ENGIE makes certain clarifications, including regarding the supply of…
Eurohold: Revenues of 839 mln. euro from energy in H1
Eurohold, the parent company of Euroins Romania, recorded 4 times higher total revenues in the first half (H1), with energy…
Maioreanu: Parliament’s approval of the Strategy will strengthen our position in the EU
The approval of Romania’s Energy Strategy by the Parliament will eliminate possible internal political dissensions and strengthen our position in…
ABB launched the innovative solid state circuit for safety and energy efficiency
ABB has launched a new solid state circuit breaker to enable the next generation of safe, energy-efficient direct current (DC)…
AFM: Funding for 919 files in the “Green PV House” program; 17 other projects at “Energy Efficient House”
A number of 919 files were accepted for financing under the “Green Photovoltaic House” program, while 17 files were approved…
Energy prices are falling in Europe, awaiting the intervention of the European Commission
Energy prices in Europe fell on Tuesday, following signs that the region is stepping up efforts to ease a crisis…
Gazprom suspends gas deliveries via Nord Stream between August 31 and September 3
Gazprom will stop gas supplies to Germany via the Nord Stream 1 gas pipeline between August 31, 01:00 GMT and…
AEI: Reducing the price of gas and energy, the goal of the solutions proposed in the energy market
The energy crisis must not allow huge profits to be made for some players, but the measures taken must aim…
Nicolescu: The scheme needs to be urgently recalibrated and resized, the state can’t support it
The electricity market in Romania is not functional, with an outdated market design, with an accidental market (PZU, DAM) becoming…