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Energy & Environment
Reuters: Nord Stream 2 not a project of common interest, Commissioner Margrethe Vestager said
Thursday, March 16, 2017
The Nord Stream 2 gas pipeline which aims to bring Russian gas to Germany under the Baltic Sea is not a "project of common interest" to the EU, the European Union's competition commissioner said on Monday, quoted by Reuters. "On the legal side of things, it has become very clear that the Commission does not find that the Nord Stream 2 project will be a project of common interest," EU Competition Commissioner Margrethe ...
A third of Romanians will have smart meters installed during the next three years
Thursday, March 16, 2017
The National Authority for Energy Regulation (ANRE) proposes the installation of smart meters for 30% of the electricity consumers by 2020, following that by 2026, all the users to benefit from intelligent metering, according to a draft order, energynomics.ro informs. “The national implementation plan of the SMI (smart metering installation – e.n.) takes place in two phases as follows: Phase I of the national plan for implementing the SMI ...
Over EUR 20.9 million were cashed in February by the state from the greenhouse gas emissions certificates
Thursday, March 16, 2017
Over EUR 20.9 million were cashed in February by the state from the greenhouse gas emissions certificates after trading on the EU joint bid platform of the GHGs related to the stock-still installations, reads a document published on the Public Finance Ministry (MFP)'s website. According to the source, traded were 4.1 million certificates related to the parked installations. Last year, the state cashed rd EUR 195 million including the aviation sector's sums, ...
PRIMARY ENERGY RESOURCES INCREASED BY 12.8% DURING 1.I – 31.I.2017
Thursday, March 16, 2017
- During 1.I – 31.I.2017, primary energy resources increased by 12.8%, while those of electricity increased, as compared to the same period of previous year, by 2.4%. The electricity output increased by 3.4 pct in the first month of this year compared to the similar month last year, to 6.45 billion kWh, due to the 5 pct advance of hydro-electric power plant output (about 1.22 billion kWh) and 4.4 pct of thermo power station output (3.35 ...
Romania's gas market not ready for full deregulation - industry
Thursday, March 16, 2017
Romania's gas market is not ready for a sudden price liberalisation planned for next month, as the final price for households could jump, the Federation of Associations of Energy Utility Companies, ACUE, said on Friday, quoted by seenews.com. Although it fully supports the liberalization of the gas market in Romania, ACUE thinks the process should be carried out gradually, it said in a press release. The Romanian natural ...
EurActiv: Green future can’t happen without consumers
Thursday, March 16, 2017
Klaus-Dieter Borchardt, a top European Commission official, declared that Europe’s transition to a green future will be impossible without the support of consumers, but admitted that the executive had been terrible at communicating its work, during a debate held last Thursday, 9 March, EurActiv.com informs. Members of the panel discussed possible solutions to the problems the clean energy movement is facing in ...
Electrica’s operational profit up 3%
Thursday, March 16, 2017
The Electrica Group recorded in 2016 an operating profit of 586 million lei, which represents an increase of 3% compared to 2015, according to a press release issued to energynomics.ro. Electrica Group’s total operating revenues in 2016, amounting to 5.761 million lei, increased by 47 million lei compared to 2015. “This increase in revenue is due, mainly, of the gain resulting from the deconsolidation of ...
MOL Group’s gasoline sales up by 10 pct, Diesel fuel up by 13.5 pct in 2016 in Romania
Thursday, March 9, 2017
MOL Group reported in Romania a 10 percent increase in the volume of gasoline sales, and a 13.5 percent increase inDiesel fuel sales in 2016. The MOL Group reported an USD 941 million profit, according to the company’s financial results published on Tuesday in Budapest, business-review.eu informs. The financial data shows that MOL obtained an operational result of USD 2.15 billion and a net profit of USD ...
EnerMin: BRUA pipeline to operate in 2020 when Exxon, Petrom will extract Black Sea gas
Thursday, March 9, 2017
The works at the BRUA (Bulgaria - Romania - Hungary - Austria) pipeline will start at end-2017, and the gas pipeline will turn operational in 2020, when ExxonMobil and OMV Petrom will commence to extract natural gas from the Black Sea, the Energy Minister, Toma Petcu told the public broadcaster Radio Romania Actualitati. "According to the calendar assumed by ...
Romania's Nuclear Regulatory Mechanism Strengthened
Thursday, March 9, 2017
Romania has a stronger nuclear regulatory system following a capacity building project that was completed recently, agreed participants of a roundtable in Bucharest on Friday. The project led to strengthening of the Romanian National Commission for Nuclear Activities Control (CNCAN) in enhancing safety and security, radiation protection, emergency preparedness, knowledge management, inspection processes at nuclear facilities, radioactive waste management and ...
Vast Resources confirms higher grades of silver, copper, lead, zinc at Romanian tailings dam
Thursday, March 9, 2017
UK-based mining company Vast Resources said on Monday it has confirmed significantly higher grades of silver, copper, lead and zinc at Faneata tailings dam located near the Baita Plai Polymetallic Mine (BPPM) in Romania, seenews.com reports. Vast Resources started drilling in the area in November 2016 and made 33 surface drill holes, covering 630 metres, the company said in a press release. The results showed a noticeable rise in the average ...
Norwegian delegation came to visit investments unfolded under the 'Green Path towards Sustainable Development' project
Thursday, March 9, 2017
A Norwegian delegation is visiting on Thursday the sites of the investments unfolded under the 'Green Path towards Sustainable Development' project funded from a EEA 2009 - 2014 grant and implemented by the Sibiu Environmental Protection Agency, the Ministry of Environment said in a release on ...
Romania's energy min, China's CGN to step up talks on NPP units
Thursday, March 9, 2017
Romania's energy ministry said on Thursday that it intends to speed up negotiations with China General Nuclear Power Corporation (CGN) on the construction of reactors 3 and 4 of Romania's sole nuclear power plant (NPP) Cernavoda, operated by Nuclearelectrica [BSE:SNN], seenews.com informs. "The negotiations have lasted too long and it is time to get closer to a decision. In the coming period, the ministry will attach priority importance to the talks in ...
Nord Stream 2 financing model to be ready by year end - OMV
Thursday, March 9, 2017
* "We must do it this year, and next year construction should begin," CEO of Austrian OMV Rainer Seele told TASS Companies, participating in construction of the Nord Stream 2 gas pipeline will decide on the financing model before the year ends, CEO of Austrian OMV Rainer Seele told TASS on Friday. "We must do it this year, and next year construction should begin," he said. "We are in the phase of agreeing with the ...
Minister Tudose: We want to transform Romania in an energy hub in the Balkans
Thursday, March 9, 2017
The authorities want to transform Romania in an energy hub in the Balkans with the help of Transgaz and Transelectrica companies, announced, on Thursday, when taking office, the new Economy Minister, Mihai Tudose. "We already established for the next week a meeting with the Defence Minister in order to come to an agreement on the situations of the Romanian Army and the production capacity of the Romanian defence industry. In the shortest ...
PM Grindeanu supports the listing process of Hidroelectrica
Thursday, March 2, 2017
Premier Sorin Grindeanu expressed willingness to support the listing process of Hidroelectrica, during a meeting of government and Fondul Proprietatea officials. We had a working meeting with the ...
Cogeneration plants operated by Bucharest electricity and heat producer ELCEN requires investments of approximately 1 bln euro
Thursday, March 2, 2017
ELCEN requires investments of approximately 1 bln euro, while the modernization of the entire district heating system managed by public heat distribution corporation RADET requires 800 ml euro, RADET Bucharest special administrator Sorin Chirita told the forum "The Capital's Energy Strategy" on ...
Reuters: EU parliament says governments delayed new rules on car emissions
Thursday, March 2, 2017
European governments delayed stricter car engine emissions tests by six years and did not do enough to uncover cheating by car manufacturers, a European Parliament report into the dieselgate scandal said on Tuesday, Reuters informs. The investigation into Volkswagen's emissions test cheating also blamed the European Commission for failing to scrutinize governments' legal obligation to enforce a ban on so-called defeat ...
How does sustainable renovation of buildings impact life quality?
Thursday, March 2, 2017
*Romania Green Building Council and the leaders of change in the Build Upon project launch the recommendations for the updated version of the National Renovation Strategy in Romania Following the European project BUILD UPON, Romania Green Building Council launches a set of 10 recommendations for Romania’s new National Renovation Strategy, that the Romanian Government should present to the European Commission by end of April 2017. ...
Southern Gas Corridor’s dubious contribution to energy security
Thursday, March 2, 2017
* Advertised by the EU as the silver bullet that will free Europe from its dependency on Russian gas, the Southern Gas Corridor (SGC) is highly unlikely to ensure energy security and might in fact end up channelling Russian gas, warns Xavier Sol for EurActiv.com. (Xavier Sol is director of Counter Balance). While proudly presenting the “Second report on the State of the Energy Union” earlier this ...