Government intends to promote a support scheme for the CE Oltenia
The Government intends to promote a support scheme for the CE Oltenia (CEO), whereby, for ten years, all Romanian consumers…
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Transelectrica
Claudia-Gina Anastase takes over the helms of Transelectrica, after the dismissal of Marius-Dănuț Carașol
The Supervisory Board of Transelectrica has decided to revoke Marius-Dănuț Carașol from the membership of the Directorate, respectively president of…
Transelectrica will increase its share capital by 20 million lei
Bogdan Tudorache Transelectrica will increase its share capital by 20 million lei over the next three years, according to the…
Romania recorded the highest energy spot price in the region on Wednesday
The average price of electricity on the spot stock market, with delivery on Wednesday, on the Romanian market was of…
Transelectrica: Investments of 86 million lei in S1, 27% higher than in 2018, growing profit
Transelectrica obtained in the 1st semester (S1) of the year 2019 a gross profit of 35 million lei, whilst the…
Transelectrica’s net profit decreased by 69% in H1
The national electricity carrier, Transelectrica, achieved a net profit of 30 million lei in the first half of the year…
Total investments in the electricity sector for the period 2019-2030, estimated at about 14 bln. euros
The total investments required in the electricity sector for the period 2019-2030 is of about 14 billion euros, for the…
Thermo-energy leads in the ranking of Romania’s energy mix
The thermal power stations provided most of the electricity production in the first six months of the year, according to…
The shareholders approved the participation of OPCOM in the central counterpart of the BSE
The shareholders of OPCOM – Transelectrica and the Romanian State through the Ministry of Economy – approved at the GSM…
Producers of renewable energy, closer to aggregation
A new draft Order issued by ANRE on aggregation of renewables producers, which would especially come in support of small…
Carasol: Romanian 400 kV ring is ready in a 64% ratio
Transelectrica has 28 major investment projects undergoing, focusing on 4 main areas, and Romania’s 400 kV ring is done in…
BRM increases liquidity by launching the new forward market segment with central counterpart
Bogdan Tudorache Although the new instrument launched by the Romanian Commodities Exchange (BRM) does not cover all types of derivatives…
President Iohannis promulgated Law 120/2019 meant to facilitate Transelectrica’s investments
President of Romania, Klaus Iohannis, promulgated Law 120/2019 on some measures necessary for carrying out the works and implementing projects…
Gas price and CO2 certificates drove heating companies to the limit of survival
The gas price has driven heating companies to the limit of survival, Doru Vișan, state secretary at the Ministry of…
CE Oltenia claims to have a stable financial situation, management has met 95% of its KPIs
Bogdan Tudorache During a scandal marked by political pressure, the CE Oltenia (CEO) management, which could be dismissed next month,…
Professor Cosea, appointed president of CS of Transelectrica; the Directorate does not get rid of the provisorate
Bogdan Tudorache Economics Professor Mircea Coşea was elected president of the Supervisory Board of Transelectrica, according to a press release…
A new step in closing the 400 kV ring: The 123 million lei line Porțile de Fier – Arad, closer to completion
The Government of Romania approved by decision the removal from the forest fund of the land necessary for the construction…
Electricity transmission and distribution tariffs will increase from July 1
Starting July 1, indistrial end-users of electricity will pay higher tariffs for electricity transmission and distribution, according to new regulations…
Marius Carasol, Transelectrica CEO: The continental energy system is and will be even more interconnected
The energy sector of Europe is currently in a deep changing process. The main drivers of this change come from…
Electricity prices rose in all Romanian markets in Q1
Transelectrica’s average price for all markets shows an increase of over 100 lei/ MWh in the first quarter (Q1) compared…
Record production for hydroelectric power – more than 4,000 MW
Hidroelectrica produced more than 4,000 MW on Friday morning, representing a new record this year, and covered more than half…
Electricity reaches over 200 lei per MWh
The price of electricity on the spot market of the OPCOM stock exchange returned on Monday to more than 200…
Transelectrica has planned investments of 4.1 billion lei over the next 10 years
Transelectrica has a 10-year development plan that involves an investment volume of about 4.1 billion lei, said Bogdan Andronic, state…