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Energy & Environment
Prosumers credit energy suppliers, free of charge with over 50 million euros, in 2023
Thursday, April 18, 2024
The prosumers credited the energy suppliers for free and without interest, in 2023 only, with over 50 million euros, under the conditions in which, in 2021, according to OUG 143, the prosumers had "at their disposal the injected energy for a maximum period of 24 months"."Following a questionable interpretation of the legislation in force, the National Regulatory Authority in the Energy Area (ANRE) imposed on prosumers a mandatory period of 24 months to benefit from the ...
National Energy Dispatch's data show electricity storage demand is 4,000 MW
Thursday, April 18, 2024
According to the data provided by the National Energy Dispatch, the demand for electricity storage is 4,000 MW until 2030, half of which will come from batteries and half from pumped storage hydropower plants, the minister of Energy, Sebastian Burduja declared on Friday.According to the minister, Romania must do what it should have done for decades, namely pumped storage hydropower plants, because "we are the only country in the EU with the geography that ...
Greenvolt Group enters Romanian renewable energy market
Thursday, April 18, 2024
Greenvolt Group, an international operator in the renewable energy market through multiple technologies, enters the Romanian market in the Distributed Generation segment. The decision to enter Romania, the 10th country in the Group’s expansion plan (Portugal, Spain, Italy, Greece, France, Poland, Irland, UK, Germany) at the European level on this segment, stems from an awareness of the fundamental role that distributed generation ...
Renera Energy Romania starts developing a 50 MW floating photovoltaic park in Romania
Thursday, April 18, 2024
Renera Energy announces the start of the development phase for the largest floating photovoltaic park in Romania. The company plans to build a power plant with an estimated installed capacity of 50 MW on 37 hectares of water in the county of Braila. Renera is a European group of companies headquartered in Basel, Switzerland. With around 200 ...
AEI finalized the National Register of houses without electricity
Thursday, April 18, 2024
About 11,611 Romanians are not connected to the electricity grid in 2024, according to the Intelligent Energy Association (AEI). This is also due to the fact that most adults are between 50 and 96 years old, the average being at the limit of life expectancy in Romania. Worryingly, a number of 4,777 children live in these houses without electricity. About 87% of houses inhabited without electricity do not have a cadastre, which makes it difficult to ...
56 million euro contract, signed by Transelectrica, for investments in efficiency and modernization of electric transport network
Thursday, April 11, 2024
The Transelectrica National Electric Power Transmission Company signed a financing contract in the amount of 56.2 million euros, through Romania's National Recovery and Resilience Plan (PNRR), on Tuesday, for the installation of photovoltaic power plants and storage facilities in 29 power stations, the modernization of the Smart SA subsidiary, the optimization of the communications network managed by Teletrans subsidiary and the creation of a data ...
Selection process of Doicesti site for implementation of SMR is in accordance with IAEA security standards
Thursday, April 11, 2024
The selection process of the site at Doicesti, southern county of Dambovita for the safe development of the first power plant with small modular reactors in Romania complies with the approach recommended by the International Atomic Energy Agency (IAEA), informs SN Nuclearelectrica SA."The IAEA's SEED (Site and External Events Design) follow-up mission concludes that the site selection process at Doicesti complies with the approach recommended by the IAEA for ...
PPC records €1.5 bn EBITDA on a pro-forma basis reinstating dividend distribution at €0.25/share
Thursday, April 11, 2024
1.1 GW of RES capacity additions and 0.9 GW of lignite out RES projects of 2.8GW in the Ready to build or Under construction stage, corresponding to approximately 70% of the residual capacity needed to achieve the target of 2026 Reduction of CO2 emissions by 34% and improvement in CDP score by four notches to ...
MONSSON connected to the National Grid , the largest Energy Battery Storage capacity in Romania
Thursday, April 11, 2024
Monsson has commissioned the largest energy battery storage capacity in Romania. The capacity is part of the first hybrid photovoltaic-wind-battery project, installed at the existing operational 50 MW project. The event brought together representatives from the authorities and business environment as well as specialists in the energy field. Among those who attended the event were: Alexandra Bocse - ...
CEZ Group In Romania Becomes EVRYO Group
Thursday, April 11, 2024
Starting last week, CEZ Group in Romania became EVRYO. “We are proud to be part of such an active industry and to ...
Transgaz Reportedly To Enter Alexandroupolis LNG Terminal Shareholding
Thursday, April 11, 2024
The shareholders of Gastrade, the company that operates the new floating LNG terminal in the Greek port of Alexandropoulis, are considering co-opting a new shareholder, considering the interest shown by Romania and North Macedonia, ...
Deputies adopted the offshore wind law, perimeters approval comes next
Thursday, April 11, 2024
Romania entered the straight line towards the production of wind energy off the Black Sea, and at the pace imposed by the bill adopted in the Chamber of Deputies, in the year 2032 we will be able to have the first MW of wind energy produced offshore in the National Energy System, said the minister Energy, Sebastian Burduja. “Romania entered the straight line towards the production ...
Grossi, IAEA: Cernavoda plant has an impeccable past in terms of safety
Thursday, April 11, 2024
Romania has a successful past when it comes to nuclear energy, and the Cernavoda Power Plant is one of the nuclear plants with the best capacity factors in the world and with an impeccable past in terms of safety, the general director said on Monday of the International Atomic Energy Agency (IAEA), Mariano ...
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 ...