RSS
Energy & Environment
Deputy Traicu thinks that project of Halanga thermoelectric power station aroused Chinese investors' interest
Thursday, March 13, 2014
Social Democrat Deputy Rodion Traicu told Agerpres that work on building a new thermoelectric power station on the industrial platform of Romag-Termo at Halanga (south-western Romania) by the China Power Energy Co Ltd would start this year.According to the above-mentioned source, a Chinese delegation was on Friday, March 7, in Drobeta-Turnu Severin (western Romania), where ...
A German power company has bagged funding for a €200 million (£165.7m) wind farm in southeastern Romania
Thursday, March 13, 2014
The European Development Bank for Reconstruction and Development (EBRD) and Estre Group Bank is providing €49 million (£40.6m) each while Banca Comercial? Român? (BCR) will provide a €27 million (£22.4m) loan. STEAG GmbH will use the cash towards the construction, commissioning and operation of the 108MW Crucea North wind project in the Black Sea region of Dobrogea. The wind farm will include 36 ...
Minister Delegate for Energy: I requested meeting with European Energy Commissioner; we have subjects to discuss
Thursday, March 13, 2014
Romania's new Minister-delegate for Energy Razvan Nicolescu told Agerpres on Thursday that he requested a rapid meeting with the relevant European Commissioner to discuss several subjects of interest in the energy area.'Romania must play an important part in defining the European energy policy. I have requested a meeting with the European Commissioner for Energy and with the director of the Directorate-General for Energy, ...
Antitrust: Commission fines Romanian Power Exchange OPCOM for discriminating against EU electricity traders
Thursday, March 6, 2014
The European Commission has imposed a fine of just over € 1 million on S.C. OPCOM S.A. for abusing its dominant position in the Romanian market for facilitating electricity spot trading, in breach of EU antitrust rules. OPCOM operates the only power exchange in Romania. Power exchanges are organised markets for trading electricity. Spot trading means trading in the short run (e.g. within the same day or for the next day). The Commission found that OPCOM ...
New trading platform becomes functional on energy exchange OPCOM
Thursday, March 6, 2014
The centralized market with continuous double negotiation PC-OTC on March 3 became operational, according to an announcement by the energy exchange OPCOM.On this market, the trading (the purchase and sale) of electricity will be made under some framework contracts agreed on and signed by the participants, with the elements of the transaction to be decided in real time within each daily trading session. The transaction's elements are: ...
Panfora Oil & Gas: no shale gas operations, no hydraulic fracturing and no explosives will be used in EX-6 Curtici perimeter.
Thursday, March 6, 2014
There is no intention to purchase any piece of land for geophysical surface ...
Renewable energy facilities exceeding 4,400 MW in total capacity
Thursday, March 6, 2014
The facilities producing energy from renewable sources reached a total capacity of 4,412 MW at the end of January 2014, according to the data supplied by Transelectrica.Thus, the power grid had wind power facilities with 2,704 MW capacity, photovoltaic parks with a total capacity of 1,077 MW, micro hydro power plants of 536 MW and facilities working on biomass, with a ...
NIS's Baltatu: We announced Romania's oil companies we want to purchase oil stations
Thursday, March 6, 2014
NIS Petrol, the Serbian division of Russian giant Gazprom Neft, wants to reach a 10-per cent share in Romania's market of oil stations after 2015 and it is currently looking into any possibility of achieving its goal, including purchasing existing stations, NIS Petrol Executive Director Ileana Sorina Baltatu said Tuesday.'We have informed all the companies in the market ...
13th Clean Coal Forum 2014 Updates
Thursday, March 6, 2014
The demands of coal will keep slow down in 2014 under the big pressure of environmental protection and production capacity. In September, 2013, the State Council issued the Action Plan for the Control of Air Pollution while each province also stated the detailed enforcement regulations. In the Action Plan, some regulations including using other clean energy resources instead of coal, reducing the consumption of coal and eliminating enterprises with ...
9th Deepwater China Convention 2014 Registering Hot
Thursday, March 6, 2014
China Offshore Industry is pacing towards the deep water for at this stage most of the decades long reservoirs at the shallow water are being exhausted their production capacities. In the next step for the China Offshore Industrial Development, what we see the opportunities and prospects will depend on exploring in the brown fields and new discoveries, most of which should be in deeper areas and further southern regions(actually South China Sea ...
Transgaz estimates 16.4 million MWh natural gas consumption in March
Thursday, March 6, 2014
The total natural gas demand in March 2014 is estimated at 16.4 million MWh, according to the proposal in the planning report drawn up by Transgaz and remitted to the National Energy Regulatory Authority (ANRE).Transgaz estimates the demand on the regulated market at over 6.918 million MWh, out of which 2.45 million MWh for non-household consumers and 4.323 million MWh for the household consumers. At the same time, the demand on the ...
Energy Department Director Gabriel Dumitrascu is Hidroelectrica new special administrator
Thursday, March 6, 2014
Gabriel Dumitrascu, Director of the Privatisation Directorate within the Energy Department, was designated the new special administrator at Hidroelectrica, in the General Meeting of Shareholders (GMS) held on Friday, Hidroelectrica legal administrator Remus Borza told Agerpres on the same day.'We convened the GMS today [Friday] to designate the special administrator. Mr Gabriel Dumitrascu, Director in the Energy Department, was the ...
After deregulation, gas price in Romania to be higher than in EU (ArcelorMittal)
Thursday, March 6, 2014
The price of natural gas on the Romanian market will be aligned to the import one at the end of the deregulation period, but the price against which Romania is importing gas is higher than that on the European markets, the general manager of ArcelorMittal Galati, Bruno Ribo told a relevant conference on Wednesday.According to him, other European markets had developed ...
2nd European Shale Gas and Oil Summit 2014, September 29-30 London.
Thursday, March 6, 2014
The purpose of the 2nd European Shale Gas & Oil Summit is to bring all the key stakeholders together and to direct the industry towards a successful and sustainable future across Europe. Developing the shale gas industry requires a platform and discourse for the industry to discuss and debate key topics to ensure we are maximizing ...
Challenges and perspectives for the hydro energy sector debated at the Romanian HydroPower Energy Summit 2014
Thursday, February 27, 2014
The law approving the ordinance no. 57/2013 will be promulgated shortly, hence, the renewable energy producers will receive the quota of green certificates as initially foreseen. Because the law in question has not been promulgated, the provisions of the ordinance overlap those concerning the reduction of the GCs quota, so as the projects permitted starting January 2014 are currently under both the ordinance for postponing a quota of GCs and the ...
PM Ponta: Works on Iasi-Ungheni gas pipeline, well underway
Thursday, February 27, 2014
Romania's Prime Minister Victor Ponta said on Friday in Chisinau that works on the Iasi-Ungheni gas pipeline are well underway, with the under-crossing section to be completed by April 15.'The works on the gas pipeline are well underway. As far as the Romanian territory is concerned, the pipeline is ready; the under-crossing section is to be also completed on the territory of the Republic of Moldova. We kept our word and we brought you something: Minister of ...
ANRE's Nagy: Approved and licenced capacities of renewable energy facilities almost doubled in 2013
Thursday, February 27, 2014
The approved and licensed capacities of all renewable energy facilities doubled at the end of 2013, compared with 2012, Zoltan Nagy, member on the Board of the National Energy Regulatory Authority (ANRE), said on Thursday.He underscored that 2013 was an exceptional year for investors, who built power plants of over 2,000 MW total capacity, most of them photovoltaic.Moreover, the wind-power sector also recorded growth, where the capacities went up 44 ...
Hidroelectrica's Teleanu: Tarnita-Lapustesti near final step to international call for tenders
Thursday, February 27, 2014
Romanian authorities have come near the final step towards an international call for tenders for the Tarnita-Lapustesti hydroelectric power plant project, and this year could also bring the conclusion of negotiations with the strategic investor to be chosen, Hidroelectrica Managing Board member Mihai Teleanu said on Thursday.'The Tarnita-Lapustesti project is included in ...
EC requests Romania to act on illegal waste dumps, clean tailings ponds
Thursday, February 27, 2014
The European Commission on Thursday announced the issue of reasoned opinions to press Romania to act on the 19 waste dumps in this country that still operate without complying with the EU regulations and to ask for the cleanup of tailings ponds at the copper and zinc mining sites in Moldova Noua (south-western Romania).The EC is worried about Romania's lack of protection ...
Sterling aims to bring in partner offshore Romania
Thursday, February 27, 2014
Sterling Energy has agreed to license extensions for the Midia Shallow and Pelican blocks in the Romanian sector of the Black ...