Eurostat: Revenues from environmental taxes in the European Union increased in 2023
Revenues from environmental taxes in the European Union stood at 341.5 billion euros in 2023, compared to 334.6 billion euros…
Europe’s petrochemical industry seeks lifeboat to keep it afloat
Europe’s petrochemical industry is facing a wave of plant closures after years of losses and a rapid increase in global…
IEA: Russia’s fuel export revenue fell 14% in June
Russia’s revenue from oil and petroleum products sales fell by almost 14% year-on-year in June to $13.57 billion, the International…
EU invests another 852 mln. euro in six battery factories for electric vehicles
Six more innovative projects for the production of battery cells for electric vehicles will receive grants totaling €852 million from…
ORLEN to supply Naftogaz 140 mln. cmc of gas within a new contract
Over the next months, ORLEN will supply 140 million cubic metres of natural gas under a new contract with Ukraine’s…
Energy transition in the Republic of Moldova – between geopolitics, technology and market constraints
The energy transition is no longer just a wish of environmentalists, but a process accelerated by geopolitical shocks and the…
Electricity prices to be liberalized as cap-compensation system abolished
From today, the electricity price cap-compensation scheme is abolished after more than three years. The scheme was introduced in November…
Romania risks falling behind if it does not optimize the use of electricity transmission and distribution networks
Romania needs to use its electricity transmission and distribution infrastructure much more efficiently, something that is not happening today, points…
Corneliu Bodea, CRE: Romania needs to increase energy consumption by households
Romania should stimulate electricity consumption at the household level, which is low compared to other European countries, said Corneliu Bodea,…
Romania has 1 GW of outdated wind capacity to replace
Romania risks losing precious time in the energy transition if it does not accelerate legislative processes and does not assume…
Romania relies on artificial intelligence for a sustainable future
Research and innovation are the fundamental pillars of sustainable economic growth, internal stability, and Romania’s affirmation on the European and…
Black start exercise: Transelectrica tests SEN’s ability to recover in the event of a major breakdown
In a large-scale exercise on 21 June, Transelectrica, together with Hidroelectrica and in collaboration with the Bulgarian transmission operator ESO,…
High prices, low maturity: Southeast Europe offers “twofold opportunity”
Southeastern Europe currently has the highest power prices in Europe and, at the same time, it’s the least mature in…
Without investment, Romania risks falling behind in the energy transition
The energy transition brings many challenges and will change the entire energy sector, but it will also require substantial investments,…
The Republic of Moldova intensifies preparations for the bilateral screening with the EU on Energy and Trans-European Networks (TEN-E)
The Republic of Moldova is taking an important step in its European integration path by strengthening preparations for the bilateral…
Ember: EU gas demand set to fall by 7% by 2030
Gas demand in the European Union is expected to fall by 7% by 2030 as renewable energy and electrification increase,…
EU countries admit there are gaps in energy interconnections
European Union countries have acknowledged that there are still “significant gaps in energy interconnections”, despite the progress made in recent…
Monsson expands in Europe, acquires 60MWh storage park in Sweden
Monsson announced the successful completion of the acquisition of 100% of the shares of a 60 MWh battery energy storage…
ANRE: The claim that Romania delivers cheap natural gas to Austria is unfounded
The claim circulated in the public space that Romania would deliver cheap natural gas to Austria, to the detriment of…
Romania must define its own energy priorities, not just take over from the EU
Romania needs to define its national interest in energy, capitalise on its strengths and build external partnerships based on its…
Over 5,000 delegates set new guidelines for the green transition in Bonn
As negotiators gather in Bonn for the mid-year United Nations climate talks, a key stepping-stone toward the UN Climate Change…
Digitalization cannot happen without AI data centres
Romania needs to think about strategies to attract investments in AI data centers, which are essential in the process of…
Transelectrica invests over 200 million euros in digitalization and research in the context of new European regulations
Transelectrica has a portfolio of research and innovation projects in excess of 200 million euros aimed at digitalizing the national…