The Romanian Ministry of Energy focuses on the opportunities of the energy transition
The Romanian Ministry of Energy is optimistic in respect to the energy transition, said state secretary George Niculescu, at the…
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Modernization Fund
EY: Geopolitical priorities are shifting across Europe and energy is no exception
The current geopolitical framework forced European countries to redefine their energy relationships and initiate quick steps to become energy independent,…
Gov’t approved the institutional and financial framework for the operation of the Modernization Fund
The Executive approved on Wednesday the Ordinance establishing the institutional and financial framework for the operation of the Modernization Fund,…
CE Oltenia has confirmation that it will receive 895 million euros for investments from the Modernisation Fund
The Investment Committee of the Modernization Fund approved Romania’s request for financing for the future gas power plants of the…
V. Popescu: The electricity market must be completely rethought, so that energy does not pass through so many hands
The Romanian electricity market must be completely rethought, and the energy must go from producers directly to suppliers and industrial…
CE Oltenia has submitted projects for other 470 mln. euro from the Modernization Fund
The Oltenia Energy Complex has submitted projects to attract a sum of 470 million euro from the Modernization Fund for…
CE Oltenia asks 800 million euros from the Modernization Fund for two new gas-fired power plants
Oltenia Energy Complex has submitted applications for funding from the Modernization Fund budget for the two natural gas power plants…
Ministry of Energy published the list of investments that can be financed from PNRR and the Modernization Fund
The Ministry of Energy has published the list of investments that can be financed starting this year with funds from…
Minister of Energy: Restructuring plan for Oltenia Energy Complex could be approved in January
The restructuring plan for the Oltenia Energy Complex is expected to be approved by the European Commission in January 2022,…
Gov’t to adopt by the year-end the Ordinance on concluding power purchase agreements (PPAs)
Government Ordinance transposing Directive 944, which will allow for the conclusion of long-term power purchase agreements (PPAs), is on the…
Transelectrica gets the first money from the Modernization Fund – 23 million euros
The project to build a new 400 kV overhead power line between Constanța Nord and Medgidia Sud, proposed by Transelectrica,…
Romania submitted to the EIB the first projects from the Modernization Fund; CE Oltenia and Transelectrica are the beneficiaries
The Ministry of Energy sent on Tuesday, September 14, to the European Investment Bank the first applications for financing from…
Minister of Energy: We will have an offshore wind energy law this year
The offshore wind law will be ready as soon as possible this year to allow measurements to begin for future…
Cristina Prună: Offshore wind investments, dependent on unblocking the legislation
Bogdan Tudorache Offshore wind investments represent a strategic way for Romania to reach its future targets for renewables, but, unfortunately,…
Romania risks losing the first investment year of the Modernization Fund – Horváth
The Fund for Modernization (FM), an instrument created by the EU, allocates 6-7 billion euros to Romania by 2030 for…
Havrileţ: Romania could benefit from 14 bln. euro through the Modernization Fund
Romania could benefit from 14 billion euro through the Modernization Fund, after the price of carbon dioxide emission certificates doubled,…
Future gas-fired power plants in Romania must also be able to use hydrogen
Gas power plant projects for which European money is wanted must be able to use hydrogen as fuel, said Dan…
Niculae Havrileț: The Modernization Fund has attracted more than 600 proposals, totalling 19 billion euros
Interest in the Modernization Fund has resulted in over 600 proposals totalling 19 billion euros, said Niculae Havrileț, State Secretary…
European money for a new model of economic development
Romania prepares for attracting nearly 80 billion euros over the next 10 years, a sum close to the total foreign…
Havrileţ: Romgaz and Petrom to produce hydrogen in a wind farm in Dobrogea
Gas producers Romgaz and Petrom are considering the development of a joint project to produce hydrogen in a wind farm…
Mihaela Toader, Romgaz: Technological neutrality must prevail
Romgaz is currently adjusting its investment strategy to take into account the new environmental policies decided in Brussels, said Mihaela…
Drăgan (MEEMA): Romania’s allocation from the Modernization Fund will be of about 6-7 bln. euro
The total allocation of European money for Romania from the Modernization Fund for investments in the energy sector is estimated…
Ministry of Energy announces the call for projects for the Modernization Fund
Companies interested in obtaining funds to finance new investments in the energy sector can send until October 16 projects that…
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