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Energy & Environment
Gas imports increased by over 143% in January 2024
Thursday, March 21, 2024
Romania imported, in January 2024, a quantity of usable natural gas of 107,800 tons of oil equivalent (toe), 143.3% higher (+63,500) compared to the same period last year, according to data centralized by the National Institute of Statistics (INS) quoted by Agerpres. Domestic natural gas production totaled, in the first month of this year, 662,000 toe, being only 0.1% above that of January 2023 (+700 ...
Nofar: 1 GW of green energy can be built annually in Romania by 2030
Thursday, March 21, 2024
Nofar Energy wants to start building more than 600 MW photovoltaic parks this year and estimates that Romania has the capacity to install at least 1 GW of new renewable projects annually by 2030, said Stelian Favieli, Managing Partner of the company. “We see 2024 as a year to stabilise the market a bit. Not much will happen, but what happens now will be [crucial] for the next 5-6 years,” he said, at the ...
Noark Electric opens Romania’s first regional logistics centre for electrical equipment and components
Thursday, March 21, 2024
Noark Electric Romania, a subsidiary of Noark Electric Europe, a company that develops, manufactures and markets electrical components and low-voltage equipment for residential, commercial and industrial applications, announces the opening of its logistics centre in Romania that will serve the countries in the region. With its location in a strategic area near Bucharest, located at FM Logistic, the centre ensures high product ...
Long-term clean energy projects to generate around 20,000 jobs
Thursday, March 21, 2024
The long-term strategic projects that will ensure Romania’s energy security with clean energy will generate around 20,000 jobs during the period in which they are carried out, declared, on Thursday, in a specialized conference, Teodor Chirica, the president of the Board of Nuclearelectrica. He referred to the refurbishment of Unit no. 1 from Cernavoda, the project of Units 3 and 4, as well as the implementation of the small modular ...
OMV Petrom budgets over EUR 3 million to plant 25 urban forests in 14 Romanian cities in 2024
Thursday, March 14, 2024
OMV Petrom will budget over EUR 3 million in 2024 to plant 25 urban forests in 14 Romanian cities in 2024 under "Romania plants for tomorrow" project.At the same time, planting activities will continue in areas in need of intervention, both in urban and rural areas.In total, it is estimated that more than 560,000 saplings will be planted with the help of partner associations and volunteers. The budget for this year is EUR 3.2 million."I would like to ...
Minister Burduja reveals ceiling prices for wind, solar auctions
Thursday, March 14, 2024
Romania will publish a call for its first solar and wind power auctions within weeks, pending the green light from the government and the Modernisation Fund, Minister of Energy Sebastian Burduja estimated, https://balkangreenenergynews.com/ reports. He announced the ceiling prices in the bids for CfD market premiums would be EUR 91 per MWh and EUR 93 per MWh, respectively. Romania will be the first country to use the ...
Association of Prosumers and Energy Communities in Romania joins European Solar PV Industry Alliance
Thursday, March 14, 2024
The Association of Prosumers and Energy Communities in Romania (APCE) has been accepted as a member of the European Solar PV Industry Alliance."This membership represents a significant step in our mission to represent the interests of Romanian consumers. With this international association, APCE enters a new area with direct and direct support from this association. Under the aegis of the European Commission and international associations, APCE will intervene where there is ...
Hidroelectrica takes over UCM Resita S.A
Thursday, March 14, 2024
Today, March 11, 2024, at the headquarters of Hidroelectrica in Bucharest, the Sale Contract of the business UCM Resita S.A. was signed to Uzina de Constructii Masini Hidroenergetice S.R.L., a company whose sole partner is Hidroelectrica SA. The document is the final act of the transaction and certifies the fulfillment of all conditions by the parties, as well as the payment of the price by the buyer, namely the amount of 67,879,000 ...
OMV Petrom brings Romania the best ranking at the global Datathon Challenge competition
Thursday, March 14, 2024
Cristina Daniela Nicolaescu, representative of the OMV Petrom financial team, ranked sixth worldwide in the Datathon Challenge "Equity in Healthcare" competition, held under the auspices of "Women in Data Science" (WiDS), a competition annual international competition launched by Stanford University.The global competition, in which over 1,600 experts in Data Science, from over 100 countries competed, was organized within the fourth edition of WiDS Romania 2024, supported by ...
EnergMin Burduja:The state-aid scheme approved by the EC will strengthen Romania's status as regional energy leader
Thursday, March 14, 2024
The European Commission (EC) approving the two-way contract for difference aid scheme will allow Romania to continue exporting energy and consolidate its status as a regional leader in the energy sector, Energy Minister Sebastian Burduja says.According to a press release issued by the Energy Ministry on Friday, the European Commission has approved a EUR 3 billion (RON 15.22 billion) Romanian scheme to support installations producing electricity from onshore wind and solar ...
Romania to send statement to ICJ, arguing that all states must reduce greenhouse gas emissions
Thursday, March 14, 2024
The Government approved the text of the declaration that Romania is going to send to the International Court of Justice (ICJ) and through which it claims that all states must significantly reduce their emissions of greenhouse gases.According to a press release, the Government approved the text of the written statement that Romania is going to send in the procedure by which the UN states decided to request the International Court of Justice for an advisory opinion on ...
Rompetrol Rafinare has started the general turnaround of Petromidia Refinery
Thursday, March 14, 2024
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), has started the general turnaround of the Petromidia refinery, scheduled for the period March 8 - April 26, an extensive project aimed at the maintenance, recertification and modernization of the production units of the largest refinery in Romania. During the first stage of the turnaround, all installations will stop their operational processes, the oil product will be ...
Romania foresees rise in gas usage despite Council reduction agreement
Thursday, March 14, 2024
Energy Minister Sebastian Burduja foresees a rise in gas consumption in Romania, despite the political agreement reached at the EU Council on Monday on a recommendation to continue coordinated demand reduction, www.euractiv.com reads. Romania does not expect to reduce its gas ...
Hidroelectrica puts hydro unit 5 from Iron Gates I back into operation
Thursday, March 7, 2024
Hidroelectrica completed, on Monday, the part of preparation and tests for hydro unit number 5 from the Iron Gates I /Portile de Fier I Hydroelectric Power Plant in southwestern Romania, on the Danube river, and put the technical objective back into operation, the company informs, through a press release.On February 1, 2024, at around 8:30 p.m., Portile de Fier Hydropower Plant was affected by a fire at the transformer related to the previously mentioned hydro unit. ...
The EC approves a state aid of 3 billion euros granted by Romania to support onshore wind installations
Thursday, March 7, 2024
The European Commission has approved a €3 billion (RON 15.22 billion) Romanian scheme to support installations producing electricity from onshore wind and solar photovoltaic to foster the transition towards a net-zero economy, in line with ...
Commission approves prolongation and amendment of Romanian State aid scheme to support high-efficiency cogeneration of electricity and heat
Thursday, March 7, 2024
The European Commission has approved, under EU State aid rules, the prolongation and amendment of a Romanian scheme to support the production of electricity and heat from high-efficiency cogeneration installations connected to district heating networks in Romania. The scheme was originally approved ...
Eurowind Energy starts construction of Teius solar park in Romania
Thursday, March 7, 2024
After the launch of works last year on its Pecineaga wind power plant in Romania, Eurowind Energy is now building the Teius solar park of 60.2 MW in the Transylvania region, https://balkangreenenergynews.com/ reads. Romania is undergoing a solar boom, currently ...
Romania to provide Ecuador power grid modernisation consultancy
Thursday, March 7, 2024
Romania will provide Ecuador consultancy on the modernisation of the power grid under a programme that continues dialogue on this subject, as well as the subsequent technical stages, according to a press statement released by the Chamber of Commerce and Industry of Romania (CCIR) on Wednesday.CCIR Chairman Mihai Daraban on Tuesday had a series of working meetings with officials of the central authorities of Ecuador: Vice-President Ecuador's Parliament Eckenner Reader ...
Retele Electrice Dobrogea completed the modernization of high voltage lines through a project worth approximately 11 million lei
Thursday, March 7, 2024
Retele Electrice Dobrogea (part of PPC group, previously called E-Distribu?ie Dobrogea) has completed a project worth approximately 11 million lei, which consisted in increasing the distribution capacity of four high-voltage overhead power lines in the Constanta – Medgidia – Mircea Vod? area and modernizing four primary substations in the same area. The project was co-financed from the European Regional Development Fund through the ...
Georgia, Azerbaijan, Hungary, and Romania will build electric cables across the Black Sea
Thursday, March 7, 2024
Georgia, Azerbaijan, Hungary, and Romanian authorities are considering possibly creating a joint company to lay an electric cable under the Black Sea, https://radar.am/ informs. Georgia's Economy Minister, Levan Davitashvili, called laying the underwater electric cable an ambitious initiative. He said this will be crucial in ...