Romania is among the EU countries with the highest annual inflation rate in May
The annual inflation rate in the euro area fell to 0.1% in May 2020, from 0.3% in April 2020, while…
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Codîrlaşu (CFA): If we fail to stop the medical crisis we will re-enter the complete “lockdown”
Romania will enter a complete “lockdown” if it fails to stop the medical crisis and a second establishment of the…
Romania is below the global average in automation, with 15 industrial robots per 10,000 workers
The development potential of projects with industrial robots is very high in Romania, where there are currently 15 industrial robots…
Rosatom joins forces with Framatome and GE for tender to build Belene nuclear power plant
Rosatom announced on Thursday that it has signed a memorandum of understanding with the French company Framatome and the American…
Costel Alexe: 1,225 electric cars are already reserved
The market for new and used cars collapsed in May. Studies show a decrease of 45% for new cars and…
Liberalization of the gas market: almost half of customers believe that prices will rise
Almost half (45%) of natural gas customers believe that gas prices will increase after July 1, 2020. 34% believe that…
PwC: 60% of CFOs worried about the possibility of a new pandemic wave
Almost 60% of the CFOs are concerned about the possibility of a new wave of infection, but equally make plans…
REN21 Global Renewable Energy Report shows systemic change is urgently needed
REN21’s Renewables 2020 Global Status Report (GSR) highlights the impressive growth in renewables over the past five years but points…
German premium carmakers book above-average sales of plug-in hybrids
German carmakers BMW, Mercedes, and Audi have recorded above-average sales of plug-in hybrid vehicles this year, according to a report…
European Commission launched a call for applications for members of the Platform on Sustainable Finance
The European Parliament adopted the Taxonomy Regulation – a key piece of legislation that will contribute to the European Green…
The digital transformation is happening right now for increased energy efficiency
On June 11, Energynomics organized its second online conference dedicated to digitalization and energy efficiency for industry and local public…
Gov’t wants to allocate unspent funds from PNI, of 165 mln. euro, to a new investment fund
Bogdan Tudorache PNI includes 29 investments, but only four of them obtained financing. At the government meeting on June 16,…
Minister of Economy: Gas price for the population should decrease by 10-15%, otherwise the Government will intervene
The price of gas for household consumers should fall by 10-15% from July 1, when the market will be completely…
New rules when connecting to the power grid: the meter will not be paid by the customer
ANRE has published a new regulation for connection to the electricity network, and one of the provisions clearly states that…
Kazakhstan launches an IPO for KazMunayGaz in 2022
Kazakhstan plans to conduct an initial public offering at national oil company KazMunayGaz in 2022, Kazakhstan’s sovereign wealth fund director…
Municipal Company Energetica will be divided
The General Council of Bucharest (CGMB) could approve the division of the Municipal Company Energetica Bucureşti SA, by transferring its…
PGNiG says it signed a $1.5 bln. refund deal with Gazprom
Poland’s energy company PGNiG said it will receive $1.5 billion from Gazprom as reimbursement for overpayment in gas supplies in…
IEA anticipates a historic drop in oil demand by 2020
The International Energy Agency (IEA) said on Tuesday that it expects the biggest drop in oil demand in history this…
EU set to slightly surpass 2030 renewable energy goal
The European Union looks set to slightly beat its goal to get a third of its energy from renewable sources…
EU’s green recovery hinges on ”flexibility” of member states, official says
The European Union’s proposed €750 billion recovery plan from the coronavirus crisis will need to acknowledge national differences on clean…
Project to eliminate diesel and petrol vehicles from cities, starting 2025
As from 1 January 2025, motor vehicles providing passenger transport services, including those carrying out taxi or alternative transport, as…
Measures proposed by ROPEPCA for supporting the petroleum industry
“We are here to help Romania get back to work”, said Stephen Birrell, the president of the Romanian Association of…
Senate voted negatively the possibility of concluding bilateral contracts (PPAs)
The possibility of concluding bilateral contracts for the sale of electricity, much demanded by the market in order to make…