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Energy & Environment

ANPC slaps fines worth RON 450,000 on energy companies that issued illegal bills to individuals

Thursday, January 20, 2022

The National Consumer Protection Authority (ANPC) imposed fines amounting to RON 450,000 on a number of 27 companies supplying electricity and natural gas, during the controls carried out by the Energy Command of the institution from January 6 to 13, mentions a press release sent on last Friday by ANPC.In this first week of controls, the ANPC commissioners checked 72 workstations of the energy supply economic operators from the whole country, mentions the ...

Govt. sends prosecutors to check households’ energy bills

Thursday, January 20, 2022

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In a statement rather unusual for the independence of the judiciary, the Ministry of Justice announced that minister Catalin Predoiu has asked General Prosecutor Gabriela Scutea “to take the necessary measures to prevent and combat the crimes associated with the increase of energy ...

Fines of RON 195,000 imposed on energy companies that have issued defective invoices across country

Thursday, January 20, 2022

The National Consumer Protection Authority (ANPC) imposed ten fines, amounting to RON 195,000, on electricity and natural gas companies, during the controls carried out by the institution's Energy Command, ANPC informs in a press release ."The Energy Command created by the National Consumer Protection Authority (ANPC), under the direct coordination of President Mihai Culeafa and General Manager Paul Anghel, has completed another 22 control actions on electricity ...

Enel hit with RON 400,000 fine for failure to enforce gas billing offset scheme

Thursday, January 20, 2022

The National Energy Regulatory Authority (ANRE) fined energy company Enel 400,000 RON for failure to comply with the gas bills' offsetting and capping law, the energy watchdog said in a release on Monday.As part of its control actions initiated at the main electricity and gas suppliers, ANRE found that the electricity invoices issued by companies Enel Energie and Enel Energie Muntenia for November 2021 included the support scheme provided for by the Government's ...

E.ON CEO Raffel argues producers, importers, state benefit from rising energy bills

Thursday, January 20, 2022

Electricity and gas producers, importers, as well as the Romanian state, through taxes, are the ones who stand to benefit from the increase in bills, while suppliers have no additional benefits, said the General Director of E.ON Romania, Volker Raffel, in an interview for Agerpres.He says E.ON cannot find anywhere to buy energy from at a reasonable price, and called the price at which producers currently sell their energy "crazy."At the same ...

Electricity consumption up by 4.7 pct January through November 2021

Thursday, January 20, 2022

The country's national electricity consumption was 4.7 pct higher in the first 11 months of 2021, compared to the corresponding period of 2020, reaching 50.818 billion kWh, according to data published on Friday by the National Institute of Statistics (INS).The population's consumption increased the most, by 6.9 pct, followed by public lighting by 5 pct and industrial consumption, which increased by 3.9 pct. Own technological consumption in networks and stations ...

Natural gases by over 50% more expensive in past year

Thursday, January 20, 2022

Natural gas, edible oil and potatoes were the items with the highest price increases in the past year, while air transport services were the only item to record price decreases, according to the data of the National Institute for Statistics (INS) published Friday.In the December 2020 - December 2021 interval, prices for natural gas rose by 51.57%, for edible oil by 27.17%, and for potatoes by 24.89%.In what regards foods, the past year saw the highest ...

The production of gas of OMV Petrom dropped by 14.5% over the last quarter of last year

Thursday, January 20, 2022

The production of gas of OMV Petrom was lower by 14.5% over the last quarter of last year, as compared to the similar period of 2020, getting to 62,400 barrels of oil equivalent per day (bep/day), according to a report sent by the company, on Thursday to the Stock Exchange Bucuresti.As compared to the third quarter of 2021, the production in the fourth quarter of 2021 was slightly going up from ...

Virgil Popescu : the offshore law will be amended in the present parliamentary session

Thursday, January 20, 2022

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The offshore law, which stops some important energy projects in the Black Sea from starting is going to be revised in the first part of this year, after many delays, stated on Friday, for Reuters, the minister of energy, Virgil Popescu.This law on offshore project taxation is the last of the restrictions imposed on the energy sector that the Bucharest Government has so far failed to amend. ...

Restart Energy signs contract for 50 MW solar project in Salaj. EUR 40 M investment

Thursday, January 20, 2022

Restart Energy independent energy supplier announces the signing of the connection contract for the 50 MW solar project from Sarmasag, Salaj county. The project represents an investment of approximately 40 million euros, money that will be used for the construction of the park that will be functional in the first quarter of 2022.   The 50 MW project is the first step in Restart Energy’s development strategy, aiming to ...

Panfora Oil &Gas starts the construction of the first exploration drill in the EX-6 Curtici area  

Thursday, January 20, 2022

The Panfora Oil&Gas from the MOL group announced that they start on Monday, 17th January the construction of the first exploration drill in the EX-6 Curtici area in Arad county. The drill will be placed in the area of the Dorobanti locality.    ‘The drill will be placed in the area of the Dorobanti locality, in the agricultural area, and the construction works will be made by a local ...

Government approves medium and long-term strategy regarding safe management of used nuclear fuel

Thursday, January 20, 2022

The Government approved, on Wednesday, the National Strategy for the medium- and long-term safe management of used nuclear fuel and radioactive waste, thus aligning itself to Directive 2011/70/EURATOM of the Council of Europe, announced the Government's spokersperson, Dan Carbunaru.He mentioned, in a press conference, at the Victoria Palace, that the Directive provides for the building of a community framework for the responsible and safe management of used ...

The contractor for energy projects Romelectro files for insolvency

Thursday, January 20, 2022

Romelectro, the company that designed a large part of Romania's energy system during the communist regime and carried out projects abroad, mostly in the Middle East, is asking for insolvency. This happens precisely when the country needs the most engineering companies able to develop major projects in the energy generation ...

Trade unions: State shutting down dozens of coal facilities with no replacement, cause for energy crisis

Thursday, January 20, 2022

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The explosion of prices in energy is caused by the lack of energy, after the state closed tens of coal facilities from 2008 to this year, without replacing them, informs a release sent on Tuesday by the National Federation of Trade Unions in Energy "UNIVERS" and the National Mines-Energy Federation."The explosion of energy prices is explained by politicians and analysts in all sorts of ways, almost all tying it to the increase of prices at the European ...

EDP Renewables wants to implement 20 GW new capacities with supplementary capital  investment  worth 19 billion euro

Thursday, January 13, 2022

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Renewables, the fourth biggest renewable energy producer in the world, with projects of renewable energy in Romania, announced on Wednesday that they implement a new operating model. As part of their business plan for 2021 – 2025, EDPR means to implement 20 GW new capacity, with supplementary capital investment of 19 billion euro and an organization of 3,000 ...

Government: Investments of over 16 billion euro for the development of the energy sector of Romania

Thursday, January 13, 2022

The government analysed on Monday, during an informal meeting, the opportunities for financing worth over 16 billion euro, funds which the country will benefit from up to 2030 to develop its energy sector in transition towards an economy which could observe the environment and to combat the effects of climatic changes, informs the government, in a press release.   Premier Nicolae-Ionel Ciuca asked that ...

The Petromidia Navodari refinery was not affected by the conflict in Kazakhstan

Thursday, January 13, 2022

Petromidia refinery Navodari, on the Black Sea coast, owned by the Kazakh state-owned KazMunayGas, has not been affected by the recent armed conflicts in Kazakhstan, despite the fact that a large part of the raw material comes from this country, KMG International stated, according ...

Fondul Proprietatea reminds Hidroelectrica IPO should be on Romanian Govt.’s agenda

Thursday, January 13, 2022

  Romania’s authorities have now a window of opportunity to use the political consensus following the formation of a new ruling coalition and go ahead with the planned IPO at the hydropower group Hidroelectrica, Fondul Proprietatea (FP) argues in a column published by Ilinca von Derenthall, Chairman of the Committee of Representatives.   FP has repeatedly argued for the listing of ...

Govt. ponders 5% preferential VAT rate for energy after April

Thursday, January 13, 2022

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Romanian residential consumers with monthly consumption of under 300kWh will pay a preferential 5% VAT rate and no co-generation or green certificates after April 1 - when the ‘cap and subsidy’ scheme in force over the winter period expires, prime minister Nicolae Ciuca announced on January 11. According to prices on the spot market, the ...

PM: Romania should produce, not import green technologies

Thursday, January 13, 2022

The Romanian Government discussed, in an informal meeting on January 10, how can it best use the EUR 16 bln financing the country can get from the European Union by 2030 for upgrading its power sector with a particular focus on renewable projects.   Romania should focus on developing its factories to produce parts and equipment used in renewable energy projects, prime minister Nicolae Ciuca argued, ...

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