News
C. Popescu: It is very important for Romania to remain a liquid market, with a fair price mechanism
Bogdan Tudorache Romania needs more investments in production, otherwise it risks becoming a long-term net energy importer, says Corina Popescu,…
Electrica is diversifying, it wants to have its own energy production
Bogdan Tudorache Electrica has already submitted offers for some assets in the market and is looking for diversification by starting…
Niculae Havrileţ resigned form Romgaz board
Bogdan Tudorache Niculae Havrileţ has resigned as a member of the Board of Directors of Romgaz, starting December 9, the…
Transelectrica: Fitch reconfirms BBB rating with stable outlook, but withdraws rating, on commercial considerations
Bogdan Tudorache The Fitch rating agency reconfirmed the BBB rating previously granted to Transelectrica, which was one degree above the…
Teodor Chirică, interim administrator at Nuclearelectrica
Bogdan Tudorache One of the most renowned specialists in the nuclear industry on the market, Teodor Chirică, former general manager…
Germany grants homeowners tax incentives for energy efficient renovations
Following years of failed attempts, Germany will from January 2020 provide homeowners with tax incentives for energy efficient renovations, allowing…
Merkel criticises US sanctions on Russia-Germany gas pipeline Nord Stream 2
German Chancellor Angela Merkel has criticised the US sanctions to be imposed on companies working on the natural gas pipeline…
Elcen: Bucharest City Hall refuses to pay in advance the gas needed to produce heat in the Capital
The City Hall of Bucharest (PMB) did not sign the agreement for the advance payment of the natural gas needed…
Distrigaz Sud Reţele invested 280 mln. lei in the gas distribution network
Distrigaz Sud Reţele invested in 2019 about 280 million lei in the rehabilitation, modernization and expansion of the natural gas…
The companies in Adrem group had stable revenues, in 2019, around 40 million euro
The companies in Adrem group had stable revenues this year, at around 40 million euros, according to the CEO and…
ELCEN plans three cogeneration projects in Bucharest, will start the procedures for CTE Sud
ELCEN wants to build three new cogeneration units, within the perimeters of the Bucharest, Grozavești and Progresul power stations, officials…
V. Popescu: Electricity and gas bills for households will not get more expensive this winter
Electricity and gas bills for the population have no reason to become more expensive neither from January 1, 2020, nor…
Bodea (Adrem): Raising the minimum wage in construction was a good thing, but not all the customers acknowledged the increase
The increase in the minimum wage in construction and other fiscal facilities granted to the sector were good measures, as…
TIAB wins the Hidroelectrica contract for the modernization of a 110 kV station
Hidroelectrica signed the contract for the modernization of the 110 KV Electric Station within the CHE Brădișor, part of the…
Enel’s CFO named co-chair of UN Global Compact’s CFO taskforce for SDGs
Enel Chief Financial Officer Alberto De Paoli was named Co-Chair of the United Nations Global Compact’s CFO Taskforce, the first-ever…
Bosch and Mercedes-Benz are launching the San José pilot project for the automated on-demand transport service
The joint project of Bosch and Mercedes-Benz for the development of automated management in urban areas has gone to a…
Competition fined Premier Energy by 1.3 mln. euro for abuse of a dominant position
The Competition Council sanctioned with 6.3 million lei (approximately 1.3 million euro) the natural gas distributor Premier Energy, as legal…
Germany sets goal of cutting primary energy use by 30% by 2030
Germany has officially adopted the target of cutting primary energy use by nearly one third by 2030. The government has…
Drop in coal use pushes Germany closer to 2020 climate target
Germany has seen a second year of significant reductions in greenhouse gas emissions in 2019, as coal use fell by…
Increasing the price of carbon certificates will result in higher fuel prices
The government led by Angela Merkel and the German Lands have reached an agreement on increasing the price of carbon…
Tesla’s plant in Germany will produce 500,000 electric vehicles a year
Tesla, the American electric car maker, plans to produce 500,000 electric vehicles annually at its new factory, 140 km from…
Climate change could wipe USD 2.3 trillion off global stocks
Policies designed to combat climate change could permanently slash the value of companies around the world by up to USD…