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Energy & Environment

Patres: Romania steps backwards regarding renewable energy

Thursday, December 13, 2018

Romania steps backwards regarding renewable energy, to be present with the European Commission with a target, assumed in the project Energy Strategy of only 27.9% at the horizon of 2030 much under the level of 32% established for the whole European Union. PATRES – the Organisation of Energy Producers of Renewable Sources in Romania says that, on the basis of long-term Strategy for decarbonisation of the EU economy until 2050, Europe will have to ...

Up to Jan 28, Transgaz is waiting bidders for the 400 mil lei Onesti-Letcani gas pipeline

Thursday, December 13, 2018

The bid for realization of the gas pipeline between Onesti-Gheraesti-Letcani was launched on the Electronic Procurement System, energynomics.ro informs. Transgaz’ committed amount is 317, up to almost 411 million lei. The investment is part of the project “Developments of ...

Enel has invested EUR 400 million in electricity grids in Muntenia, Banat and Dobrogea over the past five years

Thursday, December 13, 2018

The E-Distributie companies, part of the Enel group, have invested EUR 400 million in the last 5 years in the grid in Muntenia, Banat and Dobrogea areas, with equipment made in Romania, http://business-review.eu reports. In this region, the company has 2.8 million customers. The company further improved the distribution service quality according to January-October 2018 data, following investments in grid ...

Energy consumption in Romania advances 1.8pct, Jan.-Oct. 2018

Thursday, December 13, 2018

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During 1.I – 31.X.2018, primary energy resources increased by 1.6%, while those of electricity stood at the same level as compared to the same period of previous year Final electricity consumption in Romania increased in the first 10 months of 2018 by 1.8 percent compared, y-o-y, totalling 46.087 billion kWh, according to data released on Wednesday by the National Institute of Statistics (INS).Public ...

European Commissioner Vella: People are the cause of climate threats; we have to fix them

Thursday, December 13, 2018

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Climate threats are caused by people, and that is why we have the responsibility to repair what we have done, European Commissioner for the Environment, Maritime Affairs and Fisheries Karmenu Vella said at the presentation conference of a model of a new centre of excellence in environmental protection.He said that this is his third visit to Romania, that he came as a commissioner, but he is a friend of Romania. He added that it is an honour to be in such a ...

În 2019, Bucharest’s green-certified real estate project owners may receive tax incentives

Thursday, December 13, 2018

2019 could bring a series of significant changes on the Romanian real estate market, and it could be a year of transformation taking into account the most important trends regarding the green certification segment. ”At the beginning of this segment’s development, 10 years ago, obtaining a sustainable certificate was in most cases a marketing decision for office project developers. But in recent years and at this moment it has become a cost ...

Rising coal consumption and flailing renewable energy investment - is climate change unavoidable?

Thursday, December 13, 2018

? Carbon dioxide emissions hit all-time high, as in particular, coal consumption accounts for almost 50% of energy related carbon dioxide emissions ? The world-wide ‘coal-fired generation’, is expected to continue increasing by up to 10% from now until 2027 ? Global investment in clean energy, in the third quarter of 2018 was US $67.8 billion, which represents a 6% drop, in comparison to the ...

Oil companies request gas royalties according to Romanian not Austrian price

Thursday, December 6, 2018

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Oil companies request authorities to modify laws in the field so that the reference price of gas, according to which royalties are calculated, should take into account transaction prices in the local market, according to a press release of the Oil and Gas Patron Federation (FPPG). At present, according to an order of the National Agency for Mineral Resources, issued early this year, the reference price of gas is calculated according to the market price ...

Green energy producers propose 35% share of renewable energy in Romania by 2030

Thursday, December 6, 2018

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The Employers’ Organization of Renewable Sources of Energy in Romania (PATRES) expresses its deep concern over the decisions of the Romanian authorities regarding the future of renewable energy in Romania, as reflected by the draft National Energy and Climate Plan, romania-insider.com informs. The European Commission will most likely recommend to Romania to revise its Energy Strategy and the Integrated ...

World Bank Group Announces $200 billion over Five Years for Climate Action

Thursday, December 6, 2018

The World Bank Group announced last Monday a major new set of climate targets for 2021-2025, doubling its current 5-year investments to around $200 billion in support for countries to take ambitious climate action. The new plan significantly boosts support for adaptation and resilience, recognizing mounting climate change impacts on lives and livelihoods, especially in the world’s poorest countries. The plan also represents significantly ramped up ambition from the ...

E-DISTRIBUTIE COMPANIES CONTINUE TO IMPROVE SERVICE QUALITY TO BENEFIT CUSTOMERS

Thursday, December 6, 2018

E-Distributie companies, which are the best performing distribution operators in Romania, further improved their service quality according to January-October 2018 data, following investments in grid modernisation aimed at benefitting customers. For the first 10 months of this year, data collected by ANRE showed a further reduction, compared to last year, of the System Average Interruption Duration Index (SAIDI), the leading indicator related to the ...

Eldorado Gold claims its Romanian Bolcana mining project contains 6.5 million ounces of gold and 686,000 tonnes of copper

Thursday, December 6, 2018

Canada-based mining group Eldorado Gold said that its Romanian Bolcana mining project contains 6.5 million ounces of gold and 686,000 tonnes of copper, http://business-review.eu informs. “Our updated Mineral Reserves and Resources remain materially unchanged from December 2017 due to our conversion drilling and exploration success. We have increased our Inferred Mineral Resources at Lamaque and Stratoni, ...

EY anticipates rapid spread of decentralized renewable energy generation in Romania

Thursday, December 6, 2018

A surge in gas and renewables deals in the third quarter of 2018 saw global power and utilities year-to-date deal value rise to a record US$241.8b, according to the EY Power transactions and trends: Q3 2018 (PTT). Despite ongoing ...

EU slows down in race for renewables, energy efficiency

Thursday, December 6, 2018

Progress on renewables and energy efficiency is slowing across the EU, mostly due to rising energy consumption in transport, according to latest data from the European Environment Agency (EEA) quoted by euractiv.com. Renewable energy represented 17.4 % of the total energy mix in 2017, up from 17% the year before, according to preliminary data from the EEA, published on Monday (26 November). Although the EU as a whole ...

COP24: We have solutions, now we need to stand united on climate action

Thursday, December 6, 2018

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This month, all eyes are on the Polish city of Katowice, where the global climate community is meeting for COP24. Katowice is an important step to make the Paris Agreement a success by defining a robust transparency and accountability system to track progress towards the long-term goal, writes Bernard Respaut în euroactiv.com. Bernard Respaut is the chief executive of the European Copper Institute. The summit ...

Sterian (Transgaz): The BRUA  pipeline has no connection with the gas in the Black Sea

Thursday, November 29, 2018

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The BRUA  gas pipeline will be finalised on 31 December 2019and it will have no connection with the gas in the Black Sea but it will transport resources coming from the Caspian area through the trans-Adriatic pipeline and through the vertical corridor, stated on Wednesday the general manager ofTransgaz Ion Sterian,present at Aspen Energy Summit which took place in Ploiesti.‘On 31 December 2018 we will have the first finalised station, that in Jupa, one ...

Bucharest will host next year the Conference for the Strategic Plan regarding technologies in energy

Thursday, November 29, 2018

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Bucharest  will be between 12-14 June 2019 the host of the Conference for the Strategic plan regarding technologies in the domain of energy (SET)where almost 650 local and regional leaders, one of the objectives of the event being to improve the visibility of the Energy Union,announced on Friday the European Commission. Other objectives are the exchange of ideas and good innovative practices  for the development of sustainable solutions for ...

Wind energy secures a quarter of national electric production; Romania exports approx. 600 mw

Thursday, November 29, 2018

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Wind turbines accounted for 23.5 percent of total national production on Wednesday morning at 11.30 am, being ranked first among the top electricity sources, while country exports approached 600 MW, according to data on the state of national energy system state, posted in real time on the Transelectrica website.At that time, wind power generation in the wind turbines was 2,242 MW.The coal takes the second place in the ranking of production resources ...

Rompetrol, a new filling station in Filiation

Thursday, November 29, 2018

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Rompetrol Downstream – the retail division of the KMG International Group in Romania, has opened a new filling station under the Rompetrol Partener franchise in the town of Filia?i, Dolj county. The station was built and is operated by the company Azalis, which also holds 6 Rompetrol Partener units in the region. “Together with our partners, we continue to grow and offer our customers quality products and services. This is the 114th filling ...

Eurostat: Romania – highest increase of electricity prices

Thursday, November 29, 2018

In the first half of 2018, average household electricity prices in the European Union (EU) were stable compared with the first half of 2017, standing at €20 per 100 kWh. Average gas prices in the EU were also stable and stood at €6 per 100 kWh in the first half of 2018, Eurostat informs on Tuesday. Taxes and levies accounted for more than a third (37%) of the electricity bills charged to households in the EU in the first half of 2018. For gas ...

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