Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Energy & Environment

Delgaz Grid builds new transformer station for 31,000 customers from Bacau county

Thursday, January 23, 2025

The Delgaz Grid distribution company completed the construction and commissioned, at the end of December 2024, a new transformation station, Onesti Centru, through an investment of over 22.7 million RON, which will benefit over 31,000 customers from Onesti municipality and 39 other localities in the bordering area.According to a press release from the distributor, consumers will benefit from better services by increasing the degree of continuity in the ...

Romania wins ARB 20/35 case on renewable energy

Thursday, January 23, 2025

Romania won last week the ARB 20/35 case on renewable energy, and will receive more than 1.7 million euros from the plaintiffs, representing half of the representation costs, and 218,458.76 dollars representing 50% of the arbitration costs, the Ministry Finance informs through a press release"Romania received on 16.01.2025, the decision of the Arbitral Tribunal constituted in line with the ICSID Convention in case no. ARB/20/35, through which it is ...

Bihor County to build green hydrogen production plant on resilience, recovery funds

Thursday, January 23, 2025

A plant for the production of green hydrogen will be built this year in the Romanian county of Oradea on an investment of about EUR 25 million, including EUR 16 million in funds from the National Resilience and Recovery Plan (PNRR).Conducting the investment project will be the Atnom plant of Oradea, part of the Ensys group, which will build, this year, two strategic facilities of over EUR 80 million for the development of green energy: a green hydrogen ...

Transelectrica to implement ten-year development plan worth 9.49 billion lei

Thursday, January 23, 2025

 Transelectrica S.A. National Electricity Transmission Company will implement a development plan worth 9.49 billion lei for the Electricity Transmission Network for the period 2024 - 2033, approved by the National Energy Regulatory Authority (ANRE), which is over two billion lei more than the previous plan, the company informed in a press release sent on Monday.The new plan includes ongoing investment projects as well as 12 new projects, structured ...

SOR, Retele Electrice Romania, joint project on safe power lines for bird population in Dobrogea

Thursday, January 23, 2025

The Romanian Ornithological Society (SOR) has collaborated with Retele Electrice Romania to install 1,000 insulating sheaths on medium voltage transmission towers, located in the nesting territories of the saker falcon (Falco cherrug) in central Dobrogea, identified as the region with the most victims among bird population, informs a press release of the organization sent on Monday."In 2024, SOR specialists from the LIFE for Falcons team conducted a study in ...

Well completed in January as part of projects to develop natural gas production from Caragele reservoir

Thursday, January 23, 2025

   The drilling of a deep well was completed this January in Caragele, where some of the largest onshore natural gas reserves in Romania are located, with another well currently under construction.The reservoir spans several localities in the counties of Buzau and Braila and is one of the most productive in the portfolio of the Romgaz National Natural Gas Company (SNGN) SA."In recent years, production from the Caragele reservoir ...

Gas imports down 15.7%, production up 1% 11 months into 2024

Thursday, January 23, 2025

Romania imported a total of 1.612 million tonnes oil equivalent of usable natural gas (toe) in the first 11 months of 2024, which is 15.7% lower (-313,500 toe) compared to the same period last year, according to data compiled by the National Institute of Statistics (INS).Domestic natural gas production totalled 6.912 million toe in the mentioned period, which is 1% higher than the January-November 2023 period (+70,300 toe).According to estimates ...

Ministry of Energy is launching a 150 million euro consultation call for energy storage battery projects

Thursday, January 23, 2025

The Ministry of Energy will allocate another 150 million euros for electricity storage batteries, as it appears from a call for projects launched in public consultation.According to a press release of the institution, sent on Saturday, the general objective pursued by this call is to support investments in the development of electrical energy storage capacities (batteries) produced from renewable energy sources (solar, wind and hydroelectric energy), capable ...

Qair inks CfD for 50-MW wind project in Romania

Thursday, January 23, 2025

  French independent renewable energy producer Qair has signed a contract for difference (CfD) for a 50-MW wind project in Romania following a success in the Balkan country’s first ...

Oana Ijdelea has been appointed as Board Member of Black Sea Oil & Gas (BSOG)

Thursday, January 23, 2025

Oana Ijdelea has been appointed as Board Member of Black Sea Oil & Gas (BSOG), the country’s third natural gas producer and the only company that developed a new offshore gas production and infrastructure project (MGD Project) in the last 35 years in Romania. BSOG is also the pioneer of biomethane production in Romania, through the projects under development by its subsidiary BSOG Energy. Oana has been successfully leading the legal and advocacy efforts for BSOG ...

Final electricity consumption in Romania, up 1.5pct % Jan-Nov 2024

Thursday, January 23, 2025

Final electricity consumption in Romania in the first 11 months of 2024 was 46.029 billion kWh, 1.8% higher than in the period January 1 - November 30, 2023, with the final commercial electricity consumption increasing by 1.5%, household consumption by 3.2%, while public lighting decreased by 4.7%, according to data published on Thursday by the National Institute of Statistics (INS).Primary energy sources decreased by 0.4% in the first 11 months of 2024, and ...

Energy Minister: We intend to extend deadlines for coal plant exploitation

Thursday, January 16, 2025

Romania will request the European Commission to extend by 2-3 years the exploitation deadline for coal plants, because it cannot replace them at present, said energy minister Sebastian Burduja on last Thursday.   “We intend to extend deadlines for coal plant exploitation. We do not have another variant in the context in which Romania must be a safe energy surce ...

1 MW solar power station on drug maker Terapia's platform to become operational

Thursday, January 16, 2025

The installation of a 1 MW state-of-the-art solar power station on the platform of the Cluj Napoca-based pharmaceutical company Terapia has been finalized, with the new energy facility expected to reduce conventional energy consumption by 10-15% and to decrease carbon emissions by 746.8 tons of CO2 equivalent per year, the company said in a release.The project carried out by Energobit and co-financed through the National Recovery and Resilience ...

Burduja: About 4,000 GWh lost in hydropower in 2024, 2% of energy production, from prosumers

Thursday, January 16, 2025

Hydroelectric power production fell last year by about 4,000 GWh due to drought, but there was an increase in photovoltaic energy, and prosumers provided 2% of all electricity production, Energy Minister Sebastian Burduja announced on Tuesday."In terms of nuclear energy, we are standing at similar figures [to those of 2023, editor's note], we count on and we have counted on the two nuclear reactors at Cernavoda [Nuclear Power Plant] and they are ...

Environment Ministry wants to prolong period of implementation of photovoltaic greenhouses programme

Thursday, January 16, 2025

 The implementation period of projects under the "Casa Verde Photovoltaice 2023" programme [Photovoltaic Greenhouses 2023 - editors note] will be extended, the Ministry of Environment, Waters and Forests (MMAP) informs on Tuesday."The minister of environment, waters and forests, Mircea Fechet, signed today the draft amendment to the Financing Guide for the Casa Verde Photovoltaice 2023 programme, in order to support the citizens who benefit ...

Fiscal Authority applies discriminatory treatment for purchase of storage batteries, says prosumers association

Thursday, January 16, 2025

The Association of Prosumers and Energy Communities in Romania (APCE) draws attention to the discriminatory tax treatment applied by the National Agency for Fiscal Administration (ANAF) for the purchase of storage batteries by prosumers."The contradictory decisions of ANAF agencies in different counties create confusion and contradict the law. Since 2024, the VAT for photovoltaic systems including batteries is 9%. However, today the law is ...

Head of Smart Energy Association: We have the price offers for the period until April 1

Thursday, January 16, 2025

  Gas and electricity supply contracts are mostly valid or have prices valid until March 31, 2025, so gas price offers have started to appear after this date, claims the head of the Smart Energy Association (AEI), Dumitru Chisalita."Even if, according to the current legislation, it would be necessary to offer and draw up new sales-purchase contracts, suppliers are not rushing to submit offers. Of course, they also have many unknowns ...

 Transelectrica completes first invesment with funds from Modernisation Fund

Thursday, January 16, 2025

The National Electricity Transmission Company Transelectrica has completed the investment regarding the implementation of a metering and management system for electricity measurement data on the wholesale market, with total financing for the entire project amounting to 88.806 million RON, according to a press release sent on Monday.According to the same source, the project implementation period is until May 2027.Company ...

EnergyMin: I am confident that this year we will mark a first and inaugurate Rastolita hydroelectric plant

Thursday, January 16, 2025

250116103635537832.jpg

The completion of hydroelectric plants initiated before 1989 is one of the priorities of the Ministry of Energy, and I am confident that this year we will mark a premiere by inaugurating the Rastolita Hydroelectric Plant, the first one completed after more than 34 years, Minister of Energy Sebastian Burduja said."One of the priorities of the Ministry of Energy is the completion of hydroelectric plants started before 1989. Blocked for decades by ...

CNSP: Romania's electricity and heat production to drop 2 pct this year

Thursday, January 16, 2025

  Romania's electricity and heat production is expected to decrease by 2% this year compared to 2024, but is then estimated to progressively go up in the next three years, according to the autumn version of the 2024-2028 Outlook Report of the National Strategy and Forecast Commission (CNSP).Thus, electricity and heat energy production is expected to increase 1.4% in 2026; 1.5% in 2027; and 1.3% in 2028.Overall, according ...

Premium News

Daily

Friday, February 7, 2025

Financial & Banking

Monday, February 3, 2025

Economic

Tuesday, February 4, 2025

Companies

Wednesday, February 5, 2025

Energy & Environment

Thursday, February 6, 2025