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Energy & Environment
Report: Romania must use Social Climate Fund to reduce energy and transport poverty
Thursday, April 4, 2024
Romania, which will be one of the biggest beneficiaries of the Social Climate Fund (SCF), must use the funds for investments that support vulnerable groups and citizens in energy or transport poverty, according to a report by the Centre for the Study of Democracy (CSD)quoted by www.euractiv.com. Romania will receive 9.25% (€6 billion) of the €65 billion Social Climate Fund financing package between 2026 and 2032.) Funding is intended to ...
Coal production declines 8.7pct in January 2024, imports down 48pct
Thursday, April 4, 2024
Romania's January 20024 net coal production totalled 165,700 tonnes of oil equivalent (toe), down 8.7% (minus 15,700 toe) from January 2023, according to data with the National Institute of Statistics (INS).Net coal imports were 6,400 toe in January 2024, down 5,900 toe (minus 48%) y-o-y.In its latest energy balance forecast, Romania's National Economic Strategy and Forecast Board indicates that by 2026 the dynamics of coal production and imports are expected to ...
Petrom Kicks Off €400 Million Solar Park Project In Southern Romania
Thursday, April 4, 2024
OMV Petrom oil company plans to develop a gigantic photovoltaic project, a 710 MW photovoltaic park, which is to be ready in two years. The Theia project is the name of the solar project that Petrom will develop in the south of Romania, in Teleorman county. It is about 710 MW that will be located in Teleorman county, Babaita commune, 20 km north of the ...
SOCAR strategically positions itself to become major player in Romania's energy sector
Thursday, April 4, 2024
The State Oil Company of Azerbaijan (SOCAR) is one of the main players in Romania's natural gas market. This was stated by Romania's Minister of Energy, Sebastian Ioan Burduja, during the 8th session of the Joint Commission between the Governments of Azerbaijan and Romania held in Baku, Azernews reports. "Taking joint steps contributes to closer cooperation between our countries. We have similar ...
Romania successfully tests blending hydrogen in natural gas distribution grid, households
Thursday, April 4, 2024
E.ON Romania declared success in its test of blending hydrogen into the gas network and using the mixture in households. It was the first such attempt in the country, https://balkangreenenergynews.com/ reads. Delgaz Grid, E.ON Romania’s ...
EU Modernisation Fund: an open door for fossil gas in Romania
Thursday, April 4, 2024
Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects, https://euobserver.com/ ...
Romania’s pretext for not taking steps to reduce energy consumption slammed
Thursday, April 4, 2024
Romania’s justification for not implementing measures to reduce energy consumption in recent years, as other EU countries have done, is not convincing, argues Energia Inteligenta, a Romanian professional energy association quoted by www.euractiv.com. In 2022, EU countries reached a political agreement to voluntarily reduce gas demand by 15% (equivalent to 45 billion cubic metres, BCM) by spring 2023, which was exceeded by an 18% reduction (53 ...
Simtel Team bags funding for 52-MWp solar project in Romania
Thursday, April 4, 2024
Romanian technology group Simtel Team SA has secured non-refundable funding to back the construction of a 52-MWp solar park in the southern part of its home country, https://renewablesnow.com/ informs. The fresh capital will come from Romania’s National Recovery and ...
Niculescu: We will reach 200,000 prosumers at the end of the year if the current rate of growth is maintained
Thursday, March 28, 2024
There will be approximately 200,000 prosumers at the end of this year if the current rate of growth is maintained, of 4,000-5,000 prosumers per month, which shows that Romanians and companies in general are considering this measure of energy efficiency, said the president of the National Energy Regulatory Authority (ANRE), George Niculescu. “On December 31, 2023, there were 110,355 prosumers ...
PPC completes acquisition of Lukoil’s 84 MW wind park
Thursday, March 28, 2024
The Greek group PPC, which bought Enel Romania last year, completed the acquisition of the 84 MW wind farm owned by Lukoil in our country. PPC plans to commission 1,300 MW of renewable capacity in Romania in just three years. PPC announces that it has completed, through its subsidiary PPC PPC Renewables, and after fulfilling the usual preconditions for such transactions set out in the previously signed agreement, the ...
Wpd to build 528 MW wind farm in north Romania
Thursday, March 28, 2024
German renewables developer wpd is preparing a 528 MW wind farm project in Romania’s Bucovina region on the border with Ukraine, https://balkangreenenergynews.com/ ...
Finnish investor, Romanian developer to build 600 MW of solar in Romania
Thursday, March 28, 2024
Korkia, a Finland-based renewables investor, says that solar projects it is developing with Romania’s Econous Green Energ are set to be licensed and will be ready for construction from next year, https://www.pv-magazine.com/ informs. Helsinki-based ...
R.Power secures 200-MWp solar project pipeline in Romania
Thursday, March 28, 2024
Polish solar developer R.Power SA Group has secured an over 200-MWp project pipeline in Romania and expects to bring the entire photovoltaic (PV) capacity online by the end of next year, https://renewablesnow.com/ reports. The pipeline includes multiple solar schemes across ...
Retele Electrice Muntenia has finalized the modernization of the North Power Station following investments of 70 million lei
Thursday, March 28, 2024
The modernization of the North Power Station involved the complete consolidation of the building and the replacement of electro energetic equipment, without interrupting the supply to customers. The primary substation serves about 73,000 customers, from the north-central area of Bucharest, many central and local institutions, hospitals and household customers or economic agents. Retele ...
Alessio Menegazzo, PPC: We must greatly support and accelerate investments in electricity networks
Thursday, March 28, 2024
Investments in electricity networks must be supported and accelerated a lot, because otherwise an even bigger gap will be created between Romania and other countries, Alessio Menegazzo, CEO and country manager of PPC (formerly Enel) in Romania, said on Monday."We need a lot of investment in electricity networks because this is how we prepare for a better, more decarbonised future, in which customers will have many possibilities that they ...
Energy Ministry launches renewables CfD scheme
Thursday, March 28, 2024
The Energy Ministry launched on Monday the renewables Contracts for Difference (CfD) scheme, a financial instrument designed to stimulate the domestic production of green energy.Early this month, the European Commission approved a EUR 3 billion (RON 15.22 billion) Romanian scheme to support onshore wind and solar photovoltaic energy facilities, in order to foster the transition to a net-zero economy, as per the Green Deal Industrial Plan.According ...
S. Korea, Romania discuss closer ties in nuclear energy, defense
Thursday, March 28, 2024
South Korea's industry ministry said Monday it has discussed ways to broaden its industrial partnership with Romania focusing on the nuclear energy and defense sectors. https://en.yna.co.kr/ reports. Industry Minister Ahn Duk-geun met his Romanian counterpart, Stefan Radu ...
Nuclear energy is back - proponents adopt declaration in Brussels
Thursday, March 28, 2024
At the first-ever Nuclear Energy Summit in Brussels, a number of countries pushed for nuclear power as a way to achieve carbon neutrality in the bloc by 2050 - but opponents warn of the risks of expanding its production. At the same time, renewable energy also remains key to the EU's energy and climate debate. How divided is Europe on nuclear power?Promoting nuclear power was long taboo in Brussels, but a high-profile Nuclear Energy Summit sent the message that atomic ...
Shanghai Electric opens branch in Romania
Thursday, March 28, 2024
A company from the Chinese conglomerate Shanghai Electric established a subsidiary in Romania. The Chinese company submitted a bid to build the photovoltaic parks developed by Petrom together with the Oltenia Energy Complex. Last month, Shanghai Electric Romania Company S.R.L. was registered at the Trade Registry, according to data from the Official Gazette. The main activity of the new company is “construction works of ...
Law promulgated: Transelectrica has authority on expropriations regarding rehabilitation of energy transport system
Thursday, March 21, 2024
President Klaus Iohannis promulgates on Wednesday, the Law approving GEO on amendment of the Electric energy and natural gas law which completes expropriations of works concerning the national transport of electricity and natural gas. The law is completed by a new aspect at article 2, paragraph 3, where the expropriator is mentioned. The Economy Ministry, through the National Company for Electricity Transport ...