George Niculescu: Until we increase installed capacity, we can’t talk about a competitive energy price
Until we increase our installed capacity, we cannot talk about a competitive energy price or the competitiveness of the Romanian…
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Austria to use stakes in energy companies to lower electricity prices
The Austrian government plans to spend about 500 million euros to reduce electricity bills for the general public, and the…
Energy Minister awaits Gov’t decision on price capping
The decision on the mechanism for capping electricity and natural gas prices will be made by the Government and we…
Electricity average price fell by more than 50% in February yoy
The average price of electricity fell by 50.36% in February, compared to the same period of 2023, in the day-ahead…
Romanian and Hungarian companies pay the highest energy prices in the EU
Companies in Romania and Hungary pay the highest energy prices in the European Union, almost three times higher than those…
Energy prices – falling in Europe, amid increased wind production
Benchmark electricity prices in Europe fell on Monday and natural gas futures hit six-month lows after a new Atlantic storm…
Electricity distribution tariffs could increase by 6%, from January
Electricity distribution tariffs could increase by 6% from January 1, Gabriel Andronache, vice-president of the National Energy Regulatory Authority (ANRE),…
Germany eases energy costs for industry
The German government has reached a five-year deal on a package of measures to support industry, hit by high electricity…
Banca Transilvania launches a package of solutions to reduce energy costs
Banca Transilvania is launching a package of solutions for reducing energy costs, which includes BT financing for photovoltaic panels, an…
Energy price boosts Engie’s profit in the first quarter of 2023
French energy company Engie on Thursday reported a rise in quarterly earnings on the background of higher energy prices in…
European natural gas price falls due to reduced demand
Benchmark natural gas prices in Europe fell on Tuesday, extending losses over the past four weeks, as demand in the…
Eurostat: Romania, the biggest increase in electricity prices for household consumers in the EU
Average electricity prices for household consumers in the EU continued to increase significantly in the second half of 2022 compared…
ORSE: Support measures must take into account the basic needs of households
Energy price capping and compensation measures should take into account the specific needs of households, distinguishing between the high consumption…
Gov’t allotted 335 mln. lei for capping and compensating energy prices
Romanian Government approved, in Wednesday’s meeting, the allocation of 335 million lei, sum from the tax on the additional income…
EDPR starts legal actions against energy taxes imposed by Romania and Poland
Portuguese renewable energy producer EDP Renovaveis announced on Monday that it will take legal action against the new taxes imposed…
UK produced a record amount of wind power this year
Wind farms in Great Britain generated a record amount of electricity this year, thanks to windy weather and an increase…
About 70% of Romanians say energy price surge was caused by authorities’ decisions
More than two-thirds of Romanians (69.7%) believe that energy prices have increased as a result of wrong decisions taken by…
ANRE approved the payment of 6.2 billion lei to energy suppliers
The total amount verified by the National Energy Regulatory Authority and submitted for settlement in accordance with GEO 27/2022 exceeded…
Goldring: Listed energy companies could be negatively impacted by 5% of revenue after market regulation
Romanian Government recently announced, through an emergency ordinance, that it has decided to return to the regulation of the electricity…
A quarter of Romanians intend to save thermal energy
Most Romanians (95%) are worried about the evolution of energy prices and almost a quarter of them intend to reduce…
Romania, among the EU countries with the highest increases in electricity prices for households
The average electricity prices for household consumers in the EU rose significantly in the first half of 2022, compared to…
Ciolacu: Energy price must be regulated, Ișalnița will not close; new law pro MHC in protected areas
The president of the PSD, Marcel Ciolacu, said, on Thursday, in Craiova, that the price of energy must enter a…
EIB: Three-quarters of Romanians say the war in Ukraine and high energy prices should accelerate the green transition
After a challenging year in which Russia’s invasion of Ukraine sparked an ongoing energy crisis and accelerated inflation all over…