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Energy & Environment

Ministry of Energy's Popescu: Closing coal capacities cannot be done without having at least gas investments

Thursday, December 1, 2022

The closing of the coal capacities cannot be done without having at least the gas investments that we envisaged, Elena Popescu, with Ministry of Energy's General Directorate of Energy Policies and Green Deal, told a Monday's specialized event."We are not completely replacing coal with gas. We have 1,300 MW and we are closing 4,950 MW by 2,030. So it is a totally unjustified comparison. What are we replacing? We are closing coal and replacing it with some gas ...

E.ON Romania delivers 68 turnkey photovoltaic plants worth over 11 million euros

Thursday, December 1, 2022

More than 60 companies have received 68 turnkey photovoltaic power plants delivered by E.ON Energie Romania, with an annual energy production of 1,400 MWh and investments of over 11 million euros, informs the energy supplier in a press release sent on Monday.The number of projects implemented by September is almost double compared to the whole of last year, adds E.ON.The 68 turnkey photovoltaic plants completed and delivered for more than 60 partner ...

Electricity import up 513 GWh in 2021, export up 1,106 GWh

Thursday, December 1, 2022

 The electricity import increased in 2021 by 513 GWh compared to the previous year, and the export increased by 1,106 GWh (+23pct) compared to 2020, when it was 4,809 GWh, according to data centralized by the National Institute of Statistics (INS).The net electricity production (representing the gross production from which the consumption used for the production of electricity and thermal energy is subtracted) was 5,4636 GWh, higher by 2,712 GWh than in ...

EnerMin: Regulation proposed by European Commission on gas market leads to price increases, not price capping

Thursday, December 1, 2022

The recently proposed regulation by the European Commission for the correction of the price of natural gas represents rather an invitation to price increases, and not a capping mechanism, wrote on Facebook the Minister of Energy, Virgil Popescu, who participated on Thursday in the extraordinary meeting of the TTE - Energy Council, organized in Brussels, in the context of discussions at the European level on the management of the effects of the energy ...

Romania will cope with winter without any major energy issues

Thursday, December 1, 2022

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Romania will cope with winter this year without any major problem in its energy system, senior official with the Ministry of Energy George Niculescu said on last Thursday, adding that natural gas stockpiles are monitored daily."Another very important subject in this period is energy security. There is a lot of talk about this winter, about what problems we will face this winter. I see all kinds of say fatalistic opinions that we will have problems... The ...

53MW PV park is going online in southern Romania

Thursday, December 1, 2022

A 53MWp photovoltaic park developed in southern Romania, at Frasinet in ...

 Enel's Romanian assets to be sold quickly for EUR 1.9 bln

Thursday, December 1, 2022

The total value of the three branches that the Italian group Enel is going to sell in Romania (electricity distribution, supply and green power generation) is estimated at a combined EUR 1.8 - 1.9 bln, and the sale is expected to be completed in early 2023 at the latest in April, according to information floated ...

Bulgarian PV equipment supplier AmonRa raises 1.6 mln euro in IPO to boost SEE expansion

Thursday, December 1, 2022

 Bulgarian solar photovoltaic (PV) equipment supplier AmonRa Energy [BUL:AMO1] said on Wednesday it raised over 3.1 million levs ($1.64 million/1.58 million euro) in an initial public offering (IPO) on the BEAM growth segment of the Sofia bourse.   The funds will help the company grab a larger share of the renewable energy market in the Balkans, with some of the capital to be channelled to build new ...

Govt. promises RON 1,400 lumpsum energy subsidies in 2023

Thursday, December 1, 2022

The Government announced that it would offer vulnerable Romanians lumpsum subsidies of RON 700 (EUR 140) twice a year in 2023 to help them pay their energy bills.   The support given to the vulnerable population for compensating energy prices will thus be in the amount of RON 1,400 (EUR 280), ...

Tinmar and CE Oltenia resume talks on PV parks and gas-fired power plant in Romania

Thursday, December 1, 2022

The shareholders of the Romanian state-controlled coal and power complex CE Oltenia (CEO), one of the largest electricity producers in the country, decided to resume negotiations with private energy trader Tinmar Energy for the construction of four photovoltaic parks with a total installed power of approximately 280 MW.   The ...

Enery Power: Romania is among best places for green energy investments

Thursday, December 1, 2022

Romania is currently one of the best places to invest in green energy, argues Richard König, CEO of Enery Power Holding – an Austrian company with Three Seas Initiative Investment Fund (3SIIF) as its main financier.   Enery Power just took over the portfolio of six projects from Canada's Jade Power and reached a volume of ...

Romania and Bulgaria will resume negotiations to build Turnu Magurele-Nicopol hydropower plant

Thursday, November 24, 2022

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Romania and Bulgaria will resume negotiations to build the hydropower plant at Turnu Magurele - Nicopol, the Minister of Energy, Virgil Popescu, announced on Tuesday, in a post on his Facebook page."The hydrotechnical project will have 840 MW of installed power, of which 420 MW is the Romanian part, with a total production of 4400 GW per year, respectively 2200 GW for Romania. Today we agreed with the Minister of Energy from Bulgaria, ...

Competitive pressure down in natural gas production, up in cement production, sales

Thursday, November 24, 2022

Romania's top five industries in terms of competitive pressure have remained unchanged in 2022, as against 2021, but a decrease is noticeable in the production of natural gas and a slight increase in the production and the sales of cement, according to a recent report on developments in competition in Romania's key sectors drawn up by the Trade Competition Authority.The top five industries in terms of pressure are taken by IT ...

Enel wants to leave Romania in 2023

Thursday, November 24, 2022

The Enel Group has planned its departure from Romania for next year, according to a report presented to the press on the occasion of the Capital Markets Day conference. Enel said it plans to sell assets worth 21 billion euros ($21.51 billion) to reduce its net debt, to focus on its presence in six countries, according to the updated strategy of the largest Italian utility companies presented on ...

Electromontaj takes over Hidroconstructia and the companies controlled by it  

Thursday, November 24, 2022

The Competition Council has announced that they authorized the transaction through which Electromontaj took over Hidroconstructia and the companies controlled by it. Electromontaj SA, part of the H4L Group, is a company specialized in the construction and maintenance of transmission lines together with electrical connection and transformation stations for electricity supply. The H4L Group operates in various fields, ...

Schneider Electric has granted Automatica a production license for medium and low voltage distribution installations

Thursday, November 24, 2022

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Schneider Electric, the leader in digital transformation of the management and automation of energy, offered the license to its partner Automatica SA for the production of installation of medium and low voltage distribution installations PIX24. With this license, Schneider Electric Romania may offer and deliver PIX24 equipment produced in Romania, fact which makes costs more efficient and reduced the time for delivery to the ...

KMG International – Rompetrol, part of KazMunayGas for 15 years

Thursday, November 24, 2022

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KMG International - Rompetrol group celebrates 15 years within the National Oil&Gas Company of Kazakhstan - KazMunayGas. With the support of its sole shareholder, Rompetrol continued the development of crude oil refining activities, trade with raw materials and oil products, as well as fuel distribution in the Black Sea region and Europe.   “Rompetrol ...

Rompetrol Rafinarie Company, fined with 100,000 lei by Environment Guard for pollution

Thursday, November 24, 2022

Rompetrol Refinery Company was fined with 100,000 lei by Constanta Environment Guard because it did not take necessary measures to prevent air pollution.   Constanta Environment Guard informed on last Thursday that, following a control made at Rompetrol Refinery SA, at one of the installations, they discovered high Nox levels, exceeding the limit emission ...

Commission proposes a new EU instrument to limit excessive gas price spikes

Thursday, November 24, 2022

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The Commission has continued its response to the ongoing energy crisis by proposing ...

EBRD supports energy security in Romania

Thursday, November 17, 2022

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The European Bank for Reconstruction and Development (EBRD) is supporting energy security in Romania by lending €30 million to Premier Energy SRL, Romania’s leading private gas ...

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