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Energy & Environment
Report: Romania's energy sector - the most exposed to cyberattacks
Thursday, December 5, 2024
Over 14 million cyberattacks are being recorded every month by the Business Internet Security (BIS) service, the most frequent occurrences being ransomware, DDoS and phishing incidents, shows data centralized in the Business Internet Security 2025 report released on Tuesday.According to the 7th edition of the survey conducted by Orange Business, the energy sector remains the most exposed, being the target of 31% of the recorded cyberattacks. It is followed by public ...
PPC Group's distribution companies merge under the name Retele Electrice Romania
Thursday, December 5, 2024
The electricity distribution companies Retele Electrice Muntenia, Retele Electrice Dobrogea and Retele Electrice Banat, part of the PPC Group in Romania, are merging under the name Retele Electrice Romania on November 30, 2024. The merger of the companies into a single legal entity aims to optimize specific operations in the 3 regions where they operate, by improving the efficiency of resource allocation and reducing administrative ...
Romania, unfavorable year for energy sector, with hydropower production 40% lower than in 2023
Thursday, December 5, 2024
Romania has had an unfavorable year for the energy sector, extremely dry, with hydropower production down by about 40% compared to last year, Energy Minister Sebastian Burduja said on Thursday.He emphasized that Romania imports about 2,700 megawatts, given that consumption is quite high, at 8,200 megawatts, and production is low."We can all look on Transelectrica's website and see that we import somewhere around 2,700 megawatts because we have a rather high ...
Almost half of the Romanians believe that giving up gas-based heating systems is a wrong decisions
Thursday, December 5, 2024
Two-thirds (66%) of the Romanians believe that prosumers contribute to a cleaner environment, while almost half (45%) say that giving up gas-fired heating systems is not a good decision, according to the results of a study published on Thursday.According to data centralized by the despre-energie.ro platform, a project of the companies E.ON and Delgaz Grid, over half of the respondents (55%) stated that firm measures must be taken to reduce pollution and agree with the ...
EnergMin:Certain flexibility for Romania to continue vulnerable consumer support despite Brussels' push for liberalisation
Thursday, December 5, 2024
Support for vulnerable consumers should be granted based on social and economic surveys, and not on consumption amounts, as the case has been until now, Energy Minister Sebastian Burduja on Thursday told the ZF Energie 2024 conference.He also advised care with the price of energy for non-household consumers if Romania really seeks to be competitive."From my point of view, we certainly need a much better definition of the vulnerable consumer, to target support ...
OMV Petrom partners with NewMed Energy to develop Han Asparuh offshore perimeter in Bulgaria
Thursday, December 5, 2024
OMV Petrom, the largest integrated energy producer in Southeast Europe, has entered into a strategic partnership with NewMed Energy Balkan, a subsidiary of NewMed Energy, to advance exploration efforts in the Han Asparuh offshore perimeter in Bulgaria, according to a press release.NewMed Energy is Israel's leading joint venture in the exploration, development, production and sale of natural gas and condensate.The parties signed an agreement whereby OMV Petrom ...
GreenPeace: First court victory against Neptun Deep
Thursday, November 28, 2024
Greenpeace Romania won the first court case in connection to the Neptun Deep project. The Bucharest Tribunal has ordered the Dobrogea Litoral Water Basin Administration and the Grigore Antipa Institute to communicate the ecotoxicity studies that were the basis for the Integrated Environmental Report for the Neptun Deep project. Both the Grigore Antipa Institute and the Water Basin Administration refused systematically to ...
Nuclearelectrica seeking to purchase software services under RON 11.3 ml contract
Thursday, November 28, 2024
Romanian nuclear power plant operator Nuclearelectrica wants to purchase software services worth RON 11.3 million, VAT excluded, under a 24-month contract, according to a tender notice posted in the Electronic Public Procurement System (SEAP)."The procurement is aimed at the consistent implementation at Nuclearelectrica of an integrated human resources management system called HR Management, through the centralized use of the Oracle HR Core ...
MONSSON, NEPI Rockcastle Finalize 50MW Photovoltaic Park Deal
Thursday, November 28, 2024
Monsson has successfully transferred 100% of the shares of a 50MW solar park located in the Chisineu-Cris area, Arad County. The project is fully authorized, and NEPI Rockcastle is scheduled to begin construction in January 2025. “We are happy and proud to have started this cooperation with NEPI Rockcastle, the largest owner, operator, and developer of shopping centers in Central and Eastern ...
EU investment minister:Ro-HydroHub green hydrogen project - a success story for any country, a model worth extending
Thursday, November 28, 2024
The Ro-HydroHub green hydrogen project is a success story for any country and a challenge for the Ministry of Research, Innovation and Digital Transformation, Minister of European Investments and Projects Adrian Caciu declared on Thursday, after the contract-signing ceremony for the construction of a Romanian hydrogen and new energy technologies hub, organized at the Victoria Palace of Government."This is yet another project whereby we demonstrate that the ...
Burduja: We managed to adopt Energy Strategy of Romania, for first time after 17 years
Thursday, November 28, 2024
The Ministry of Energy managed to promote in the Government on Thursday, after about a year of consultations, of voluntary work, the Energy Strategy of Romania until 2035, with the perspective of 2050, declared, on Thursday, the Minister of Energy, Sebastian Burduja."These are good days for the Romanian energy sector because we manage to fulfill the goals we set for ourselves, among the most ambitious. If last Friday we signed the contracts for reactors 3 ...
Enery has concluded a virtual PPA with Nokian Tyres in Romania
Thursday, November 28, 2024
Enery has entered into a new Power Purchase / Sale Agreement (PPA) for electricity produced by a photovoltaic power plant in Romania. This agreement is composed of a virtual PPA and a power supply agreement with Nokian Tyres. The transaction represents Enery’s sixth PPA in Romania and the twelfth in the Central and Eastern Europe (CEE) region in the last two years, strengthening Enery’s position as the largest PPA provider in the ...
Schneider Electric Romania integrates AI to increase operational and energy efficiency
Thursday, November 28, 2024
Schneider Electric Romania announces it is integrating artificial intelligence into its business processes for more agile and efficient operations. Thus, at the service level, Schneider Electric Romania is harnessing the power of artificial intelligence to assess customers’ energy efficiency and shape decarbonisation strategies. Another very important area where artificial intelligence is making ...
130,000 beneficiaries of Green House program need storage systems as are unable to deliver to grid
Thursday, November 21, 2024
Almost 130,000 beneficiaries of the Green House program need storage systems because they are unable to deliver the produced energy to the grid, this being the biggest problem encountered so far, the vice-president of the Fund Administration for the Environment (AFM), Adrian Corbu said on Tuesday."I am a beneficiary of this program and I see firsthand how the system works. We also have a big problem with connecting these systems and issuing prosumer certificates. It has ...
Ministry of Energy launches new call worth 150 M euros for investments in battery storage
Thursday, November 21, 2024
The Ministry of Energy is launching a new call worth 150 million euros for investments in battery storage, which will allow the use of green energy even when the wind is not blowing or the sun is not shining, contributing to balancing the system, says the relevant minister, Sebastian Burduja."As promised, we have attracted another 150 million euros from the Modernisation Fund, non-reimbursable funds, to increase Romania's battery storage capacity. The projects will ...
Construction works kick off at 99.2 MW Green Breeze wind park
Thursday, November 21, 2024
OX2 Romania and global power and renewable energy platform Nala Renewables have started construction works on the 99.2 MW Green Breeze wind farm in Galati County, a release informs.Nala Renewables acquired the project in August 2024 and under the agreement, OX2 will build and then operate it, with Nala Renewables overseeing these activities.Located mainly in the municipality of Cuca in the county of Galati, Green Breeze is a major investment in the energy future ...
Mobile offshore drilling unit for Neptun Deep arrives in Romania
Thursday, November 21, 2024
OMV Petrom, the largest integrated energy producer in Southeastern Europe and operator of the Neptun Deep project, announced that ...
Central Asia, Azerbaijan forge green energy links with new venture in Romania
Thursday, November 21, 2024
A joint venture for the Caspian, Black Sea, and European 'green energy corridor' has already been set up in Bucharest, Romania, said Fagan Abdurahmanov, Head of the Renewable Energy Zones Development Department at the Azerbaijan Renewable Energy Agency (AREA). https://en.trend.az/reports. He made the remark as he addressed the energy transition investment forum for Central Asia at COP29. "One key part of our ...
Romania's nine-month crude oil production drops 3.8 pct
Thursday, November 21, 2024
Romania produced over January - September 2.024 tonnes of crude oil equivalent (toe), by 79,300 toe less (-3.8 pct) compared to the same period of 2023, show figures centralized by the National Institute of Statistics (INS).Crude imports in the reporting interval amounted to 5.733 million toe, by 27,150 toe (0.5 pct) more year-over-year.According to the latest Energy Balance Forecast, published by the National Commission for Economic Strategy and Forecast ...
The Greece-Egypt Interconnection GREGY and Its Benefits for the Greek and European Industry
Thursday, November 21, 2024
The important benefits of the Greece-Egypt interconnection (GREGY), that will transfer competitively priced green energy, enhancing the role of Greece role as an energy hub for Southeast Europe and strengthening the competitiveness of Greek and European industry, was highlighted by Copelouzos Group at an event organized by the Greek Ministry of Environment and Energy in collaboration with the European Commission. The event took place at the UN Climate Change Conference, COP 29, in ...