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Energy & Environment

The ministry of energy approved the Romgaz request for financing of the Iernut powerstation from the National Plan for Investments

Thursday, January 26, 2017

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The ministry of energy approved the request lodged by Romgaz regarding the financing from the National Plan for Investments of a new power station on gas in Iernut, according to a press release of Romgaz, sent to the BVB. According to the document, during the period to come there will take place the negotiation process between Romgaz and the ministry of energy with regards to the provisions of the financing contract and the schedule for reimbursement ...

IRENA sees main geothermal power potential in South East Europe in Romania, Bulgaria, Slovenia and Crotia

Thursday, January 26, 2017

Looking at the full technical potential for geothermal power generation development in the countries of South East Europe, IRENA sees Romania, Bulgaria, Slovenia and Croatia as the only realistic development targets. In a report published in conjunction with the IRENA General Assembly earlier this month, IRENA published a report that looked at the potential for cost competitive renewable power generation in South East ...

6,371 green certificates traded in January 2017 on the Green Certificates Centralized Market

Thursday, January 26, 2017

The number of green certificates traded in January 2017 on the Green Certificates Centralized Market (PCCV) amounted to 6,371 units, a figure seven times bigger than that of the similar period last year, when 906 units were traded, according to data released by OPCOM, Romania's electricity and natural gas market operator. In January, 56 sales offers and seven ...

THE NEW ROMANIAN ENERGY STRATEGY

Thursday, January 26, 2017

The Energy Ministry posted on December 19 the Energy Strategy of Romania 2016-2030, with an Outlook to 2050. It has been a long-awaited document, on which stakeholders have for years pinned hopes about favored energy policies and from which decision-makers, public and private, expect guidance in the coming years. Based on a rigorous and complex elaboration that spanned over more than one year, the strategy provides a diagnosis of the ...

CE Oltenia claims its vital role in balancing the national energy system

Thursday, January 26, 2017

The coal based energy producers ensure a balanced national energy system and the large load fluctuations cause them significant loses, recalls CE Oltenia, in a press release quoted by energynomics.ro. The message was posted on the company’s website, two days after an associations of wind project developement companies asked the authorities to unblock the investments in the wind sector. “It is obvious for anyone that ...

SEE has vast renewable energy potential – IRENA

Thursday, January 19, 2017

The region of Southeast Europe (SEE) region possesses vast technical renewable energy potential of some 740 gigawatts (GW), according to the International Renewable Energy Agency (IRENA) quoted by seenews.com. The region’s wind energy potential amounts to 532 GW while photovoltaic potential is 120 GW, both being largely untapped, IRENA said in a cost competitive renewable energy report published on Friday. Th study was ...

Coal net production totalled in the first 11 months of last year 3.813 million tons of oil equivalent (toe)

Thursday, January 19, 2017

Coal net production in Romania totalled in the first 11 months of last year 3.813 million tons of oil equivalent (toe), 10.2pct (435.400 toe) lower when compared to the same period in 2015, according to the centralized data of the National Institute of Statistics ...

Austrian Group OMV: hydrocarbon production in the fourth quarter of 2016 decreased slightly to 315,000 barrels of oil

Thursday, January 19, 2017

The Austrian Group OMV, owner of Petrom, announced on Monday that hydrocarbon production in the fourth quarter of 2016 decreased slightly to 315,000 barrels of oil equivalent (boe) per day, from 309,000 boe per day in the similar period of 2015, however the contribution of OMV Petrom decreased to 170,000 boe per day in Q4 2016 from 176,000 boe per day in Q4 2015, the press release ...

Romania imported, in the first 11 months of 2016, 876,100 tones of oil equivalent (toe) usable natural gas

Thursday, January 19, 2017

Romania imported, in the first 11 months of 2016, a quantity of 876,100 tones of oil equivalent (toe) usable natural gas, 614.6 pct (753,500 toe) higher than the one imported in the similar period of 2015, according to the centralized data of the National Institute of Statistics ...

PRIMARY ENERGY RESOURCES DECREASED BY 0.3%  DURING 1.I.- 30.XI.2016

Thursday, January 19, 2017

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- During  1.I.- 30.XI.2016,  both  the  primary  energy  resources  and  those  of  electricity  decreased, ...

EurActiv: Energising European recovery

Thursday, January 19, 2017

 Last year’s Winter Energy Package contains the seeds of two fundamental economic and political requirements needed for the EU to prosper: returning some ‘power to the people’, alongside European investment and network integration, write a number of energy experts. Michael Grubb is professor of climate change policy at University College London; Simon Müller is an analyst at the International Energy Agency in Paris; ...

Aurel Gheorghe replaces Gheorghe Du?u as the president of ANRM

Thursday, January 19, 2017

Aurel Gheorghe, who held until now the position of head of the General Directorate for Management, Evaluation, Resources Concession of the National Agency for Mineral Resources (NAMR), has been appointed as president replacing Gheorghe Du?u, according to a decision of the Prime Minister Sorin Grindeanu, published on Monday in the Official Gazette, energynomics.ro reports. According to his LinkeIn page, Aurel Gheorghe have ...

Developers require measures to unlock investment in wind energy projects

Thursday, January 19, 2017

The developement companies of wind energy projects point out and urgently request the Romanian Government to adopt measures to unlock investments in new projects for producing energy from renewable sources in Romania, energynomics.ro informs. From the perspective of the 10 signatory companies of the press release, the swift implementation of these measures can prevent the recurrence of crises situations in the national energy ...

Energy consumption grows by up to 35% due to bad weather

Thursday, January 12, 2017

The consumption of electricity and gas at national level will reach record values on Monday and on Tuesday, but the necessary capacities to cover this peak exist, said the Minister of Energy Toma Petcu at the end of the winter command meeting, quoted by Agerpres. According to him, the electricity consumption will exceed 9.500 MW, and the gas consumption could reach 74 million cubic meters per day. On Monday, the gas consumption was 68-69 million cubic meters. “We ...

EurActiv: Commission notes cast doubt over approval of Russian-backed nuclear project

Thursday, January 12, 2017

EXCLUSIVE/ The European Commission was prepared to spoon-feed Hungary arguments to close an investigation into the controversial €12 billion Paks II nuclear plant project, according to documents obtained by EurActiv.com Internal Commission memos indicate that Director General for Energy, Dominique Ristori, told Hungary’s Secretary of State Balazs Sonkodi that the arguments used to justify the absence of a public tender were invalid. Rosatom and the ...

Power of renewable energy producers amounted to 4,710 MW at the end of November 2016

Thursday, January 12, 2017

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The installed power of renewable energy producers amounted to 4,710 MW at the end of November of last year, according to data centralized by grid operator ...

Renewables closed about 8% of capacity during 2016

Thursday, January 12, 2017

The installed power of the energy producers from renewable sources totaled 4.710 MW at the end of November 2016, according to centralized data by Transelectrica, reflecting a decrease of 8.4% compared to December 2015. Thus, in the system there were wind farms with an output of 2.963 MW, photovoltaic plants with a total capacity of 1.323 MW, small hydropower plants (320 MW) and projects based on biomass with a cumulative power of 104 MW, according to Agerpres and Bursa. At ...

Romania new royalties scheme for oil&gas to be rolled out in Q1, says minister of finance

Thursday, January 12, 2017

The minister of finance, Viorel Stefan, said during the hearings in Parliament for the approval of the new government, that the authorities will roll out new legislation that changes the way in which the oil and gas firms are taxed in Romania, business-review.eu reads. Stefan said that on top of the amended royalties scheme, the Romanian ...

Real-time energy data open to all

Thursday, January 12, 2017

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Electricity suppliers are increasingly using real-time data to visualise Europe’s energy grid in order to carry out their day-to-day work and it is information that is open to everyone EurActiv’s partner Der Tagesspiegel provides an overview. A new tool known as ...

Romania imported 6.068 million toe of crude in the first ten months of 2016

Thursday, January 5, 2017

In the first ten months of 2016 Romania imported 6.068 million toe of crude, up 236,900 toe (4.1 percent) from the same period of the year before, according to data with the National Institute of Statistics (INS). The country's crude output made up 2.994 million toe, down 4.5 percent (141,300 toe) from January - October 2015.Under Romania's Energy Strategy, posted on the website of the Energy Ministry, Romania's production of crude will continue ...

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