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Energy & Environment
Primary energy resources decrease 2.4%, final electricity consumption in economy drops 5.8%
Thursday, September 14, 2023
Primary energy resources decreased 2.4% in the first seven months of this year and electricity resources increased 2.8% compared to the same period in 2022, while final electricity consumption in the economy dropped 5.8%, data the National Institute of Statistics (INS) released on Wednesday show.According to an INS release, in the period from January 1 to July 31, 2023, primary energy resources totaled 18.874 million tonnes of oil equivalent (toe), ...
Romania and Qatar could collaborate in energy filed by attracting mutually beneficial investments
Thursday, September 14, 2023
Energy minister Sebastian Burduja and Qatar's ambassador to Romania, Osama Yousef A.A. Alqaradawi, discussed on Tuesday, during a meeting, the possibilities of cooperation in the energy field, by attracting mutually beneficial investments, the ministry informed in a press release."Today, September 12, 2023, Energy minister Sebastian Burduja held a meeting at the Ministry of Energy with His Excellency Mr. Osama Yousef A.A. Alqaradawi, ambassador of the ...
Sterian: At the level of 2027-2028, Romania will need, apart from the gas from the Black Sea, of 4-5 bln. Cmc
Thursday, September 14, 2023
Romania will need, at the level of the years 2027-2028, 4-5 billion cubic meters of gas in addition to the production from the Black Sea, gas that will come from imports and from the LNG terminals in the Black Sea, declared, on Monday, the general director of Transgaz, Ion Sterian. “I tell you, somewhere in 4-5 years, in ...
Another 12 funding agreements signed for renewable energy production investment
Thursday, September 14, 2023
Energy Minister Sebastian-Ioan Burduja on Friday signed ten more funding agreements under Investment Measure I1 - Supporting investment in new electricity production facilities from wind and sun renewable energy sources in the National Recovery and Resilience Plan (PNRR).Two other agreements are to be initialled at the beginning of next week, according to Burduja."We are signing agreements for investment 1 in PNRR, production from ...
Cosmin Ghita: Eliminating coal offers opportunity to introduce small modular reactors more rapidly
Thursday, September 14, 2023
Small modular reactors (SMR) have the advantage they can be placed closer toconsumers and in that context eliminating coal is an opportunity to introduce the new technology more rapidly, better and cheaper, said Cosmin Ghita, general manager of Nuclearelectrica at theThreee Seas Initiative Business Forum. “Location is an important cost. Network connections are also expensive. At Doicesti ...
Nuclearelectrica, targeting partnership with Three Seas Initiative Investment Fund on renewable energy production
Thursday, September 14, 2023
Nuclearelectrica has signed a Letter of Intent with the Three Seas Initiative Investment Fund (3SIIF) to explore a potential collaboration in the renewable energy production sector in Romania, the company announced in a press release sent on last Thursday."Nuclearelectrica, through the operation of high performance units 1 and 2 of the Cernavoda Nuclear Power Plant, is a strategic pillar for Romania's energy security. Through the partnership with the Three ...
Lewis(EXIM): Romania, institutional capacity to manage, regulate construction and operation of complex nuclear energy projects
Thursday, September 14, 2023
Romania has a well-developed regulatory framework and the institutional capacity to manage and regulate the design, construction and operation of complex nuclear power projects, something that can be seen in the safe operation of Units 1 and 2 of the Cernavoda Nuclear Power Plant over the past two and a half decades, Reta Jo Lewis, president of the Export-Import Bank of the United States (EXIM), told ...
Premier Ciolacu met the heads of PPC and Enel
Thursday, September 7, 2023
The prime-minister Marcel Ciolacu met on Wednesday at the government headquarters the general manager of the Greek energy company Public Power Corporation (PPC) and Alessio Menegazzo, manager for Sustainability and Institutional Affairs of the subsidiaries in Romania of the Italian group Enel. PPC and Enel are expected to finalise this month the transaction, ...
Renovatio Solar finalised a photovoltaic project of 400 kWp for KLG Europe Logistics Romania
Thursday, September 7, 2023
Renovatio Solar has recently finalised a photovoltaic project of 400 kWp for KLG Europe Logistics Romania, one of the leaders on the local market for logistics and transport services.‘The project included the installation of a number of 888 photovoltaic panels, with capacity of 400 kWp which are capable to generate annually a quantity of electricity estimated at 500 MWh. These panels were placed on the KLG ...
PM Ciolacu, Canadian Senate President Gagne discuss development of civil nuclear energy
Thursday, September 7, 2023
Prime Minister Marcel Ciolacu on Wednesday had a meeting at the Victoria Palace with a parliamentary delegation from Canada, led by the President of the Senate, Raymonde Gagne.The discussions focused on strengthening bilateral relations in the fields of energy, education, environment, investments, the regional security situation and the support given to Ukraine and the Republic of Moldova, the Government informs through a press release.Marcel ...
E.ON to invest another 1.4 billion euros in distribution networks in Romania, until 2027
Thursday, September 7, 2023
E.ON is set out to increase investments in gas and electricity distribution networks by investing another 1.4 billion euros until 2027, in addition to the 2.1 billion euros already invested since entering the Romanian market, in 2005, according to the general director of E.ON Romania, Volker Raffel."Although the prices in the energy market have reduced and stabilized, the threats of the energy crisis have not passed yet, it is the duty ...
Midia Marine Terminal completes overhaul works on offshore terminal
Thursday, September 7, 2023
Midia Marine Terminal (MMT), a member company of the KMG International Group, has successfully completed the turnaround of an offshore marine terminal that supplies raw materials to the Petromidia refinery.According to a press statement released on Friday, for 24 days, the USD 4.3 million project entailed complex work, with the most important component being the replacement of all floating and submerged hoses. More precisely, it is about two floating ...
Romania's natural gas imports down 34.7pct in H1 2023, production up 6.3pct
Thursday, September 7, 2023
In H1 2023, Romania imported 696,200 tonnes of oil equivalent (toe) of usable natural gas, down 34.7% (-369,600 toe) y-o-y, according to data with the National Institute of Statistics (INS).Romania's H1 2023 domestic production of natural gas was 3.755 million toe, up 6.3% (222,700 toe) over H1 2022.According to estimates of the National Economic Strategy and Forecasting Board (CNSP), Romania's natural gas production is estimated to rise at an ...
EnergMin Burduja: Neptun Deep is a critical project, not only to Romania, but also to whole Europe
Thursday, September 7, 2023
Neptun Deep is a critical project, not only to Romania, but also to whole Europe and it will mean independence from Russian gas, Energy Minister Sebastian Burduja said on Wednesday."Neptun Deep is a critical project, not only to Romania, but to whole Europe. The situation in the Black Sea is not easy, so we rely on your help to make it a safe area. It is a USD 4 billion investment and I know that someone in Moscow is watching us and will do anything to delay ...
Analysis: Green energy production needs to increase eightfold to reach climate neutrality by 2050
Thursday, September 7, 2023
The production of green enery must increase eightfold to the level of 2021 and annual investment in distributionmust triple to reach, at global level, the climatic neutrality until 2050, shows a PwC analysis, made on the basis of the data of the International Agency for Energy (IEA).In Romania, investment in renewable energy intensified over the last years, but it is much to reaching the agreement in the National ...
Burduja: We are approaching 85% gas storage fill rate for the cold season
Thursday, September 7, 2023
Romania is approaching a gas storage fill rate for the cold season of 85%, which means that the country will be able to get through a normal winter using only gas from Romanian production and storage, Energy Minister Sebastian Burduja has announced. "We are approaching 85% gas storage fill for the cold season. 570 million cubic metres more than in the same period last year. This is good news because it ...
Transgaz Romania takes over Gazprom’s operations in Moldova
Thursday, September 7, 2023
Romania’s gas transmission system operator Transgaz has announced the acquisition of Gazprom’s operations in Moldova, a strategic move likely to further reduce ...
THE MINISTRY OF ENERGY AND E-DISTRIBU?IE SIGNED TWO FINANCING CONTRACTS THROUGH THE MODERNIZATION FUND, TOTALING 122,799,965.59 MILLION LEI
Thursday, August 31, 2023
The Ministry of Energy and E-Distributie signed two non-refundable financing contracts through the Modernization Fund, totaling 122,799,965.59 lei (VAT included), for the modernization of the grids in two of the areas where the distribution operator activates. Thus, E-Distributie Muntenia will carry out a project totaling 76,469,876.11 lei (VAT included), to increase the security of electricity supply ...
Volker Raffel ( E.ON): We are one of the major contributors to the state budget: last year we paid 1.8 billion lei
Thursday, August 31, 2023
Last year, E.ON Romania paid about 371 million euros to the state and local budgets, 80% more than in 2021, and supported thousands of jobs, announced Volker Raffel, the general director of E.ON Romania. ' We are one of the biggest taxpayers in Romania to the state and local budgets. Last year, we paid 1.8 billion lei (about 371 million euros), 80% more than in 2021.We are at the same time, a partner ...
EnerMin: In the field of energy, Romania can not only be independent, but can be a spearhead
Thursday, August 31, 2023
Our country has undertaken the construction of an energy system that provides green, cheap and safe energy, so that, in the field of energy, Romania can not only be independent, but can be a spearhead, stated Wednesday the Minister of Energy, Sebastian Burduja.According to a press release, Sebastian Burduja participated on Wednesday in the Annual Meeting of Romanian Diplomacy, this year's theme being "A firm foreign policy of Romania: managing ...