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Energy & Environment

Virgil Popescu, meeting with the representatives of the US Office for Energy Resources

Thursday, November 3, 2022

The minister of energy, Virgil Popescu met on Friday in the US with the representatives of the Office for Energy Resources and analysed the impact of the war in Ukraine on the energy markets.   ‘During the discussion we had today with Geoffrey R.Pyatt, deputy secretary of the Office for energy resources from the US State Department we analysed the last evolutions with regard to the situation of ...

EnergMin: Canada will fund upgrading unit 1, building units 3 and 4 of Cernavoda n-power plant

Thursday, November 3, 2022

 Canada will fund the upgrade of unit 1 and the construction of units 3 and 4 of the Romanian nuclear-power plant at Cernavoda, Energy Minister Virgil Popescu wrote on his Facebook page on last Thursday."The bilateral meeting with Jonathan Wilkinson, Canada's minister of natural resources, was a good opportunity to discuss the joint energy projects, especially nuclear energy projects. I told him that the upgrade of Unit 1 and the construction of Units 3 ...

Companies from US, Canada and France interested to cooperate with Nuclearelectrica in civil nuclear area

Thursday, November 3, 2022

Fluor Corporation (the US), Sargent & Lundy (the US), SNC Lavalin (Canada) and Framatome (France) companies will explore cooperation opportunities in the civil nuclear area, both in terms of the development of traditional and advanced nuclear reactors, with Nuclearelectrica, Minister of Energy Virgil Popescu announced on his Facebook page."Secretary of Energy Jennifer Granholm is a supporter of development and innovation in the area of energy, including ...

EnergyMin Popescu: Reducing high energy prices requires investments in new low-carbon capacities

Thursday, November 3, 2022

  Reducing high energy prices requires investments in new capacities with low carbon emissions and nuclear energy is an important component of the energy mix, believes the Minister of Energy, Virgil Popescu, who participated in Washington, in the ministerial conference Nuclear Power in the ...

Ministry of Energy: Investments in new photovoltaic, wind capacities amount to 457 million euros

Thursday, November 3, 2022

Investments represent the healthy solution to overcome this crisis, and the amounts available in new photovoltaic and wind power production capacities amount to 457 million euros, the Secretary of State in the Ministry of Energy George Niculescu told Friday's Solar Energy Bucharest Summit."I will start by telling you a few words about the measures that the Ministry of Energy is taking in the short term and in the medium and long term to combat the energy ...

OMV Petrom reports almost RON 9.2 billion in net profit nine months into 2022

Thursday, November 3, 2022

OMV Petrom Group has reported RON 9.156 billion in net profit nine months into 2022, more than five times higher than the one reported in the same period last year, of 1.676 billion lei, amid high prices for coal and natural gas, according to the company's unaudited financial reports for January - September and Q3 2022 published on Friday on the website of the Bucharest Stock Exchange (BVB).In Q3, the net profit was RON 4.51 billion, as against RON 2.898 ...

Ministry of Energy: Winter stocks are more than 99% achieved

Thursday, November 3, 2022

The state secretary in the ministry of energy Dan Dragan said that the winter stocks, as they were defined are more than 99% achieved and there is no problem in ensuring the continuity in the supply of coal necessary for the production of electricity.    ‘In Romania, through the balanced energy mix we have, we rely, in proportion of 20% on electricity production which fossil fuels. We refer to ...

Georgia, Azerbaijan, Hungary, and Romania will supply electricity to the EU

Thursday, November 3, 2022

Representatives of Georgia, Azerbaijan, Hungary, and Romania are planning to reach an agreement on the supply of electricity to the EU, said the head of the Ministry of Economy of Georgia, Levan Davitashvili, https://aze.media/ ...

Transelectrica has planned investments of 7,1 billion lei by 2031

Thursday, November 3, 2022

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The regulatory Committee of the national Energy regulatory Authority (ANRE) approved Transelectrica’s investment plan for the period 2022-2031, worth 7,1 billion lei, according to a press release of ANRE. Thus, a percentage of 29% of the total value of investments planned during this period is allocated to works for re-technologisation of the existing transport electricity networks (RET) for the integration ...

Primary energy production up 2.9% in 2021, imports of energy resources up 13.8%

Thursday, November 3, 2022

 Primary energy production increased last year by 2.9% compared to the previous year, imports of energy resources increased by 13.8%, gross internal energy consumption increased by 6%, and final energy consumption registered an advance of 7.9%, according to the data published on Wednesday by the National Institute of Statistics (INS).According to INS data, the total energy resources available in 2021 registered an increase compared to the previous year, ...

GreenGroup: Circular economy to reduce carbon footprint by 50% without stopping Jiului Valley coal extraction

Thursday, November 3, 2022

 A circular economy comes with a decrease, on average, by 50% of the carbon footprint, without stopping to extract the coal from the Jiului Valley, declared, on Tuesday, during the PRIA Environment conference, Constantin Damov, the president of the Green Group."I'd say that it is a start now for all European and world nations to take steps towards circularity. The European average of circularity, not recycling, according to Eurostat, is 13.8%. The ...

The largest photovoltaic park in Europe, in Arad county

Thursday, November 3, 2022

 Monsson, the largest developer of green energy projects in Romania, signed an agreement with Rezolv Energy for the completion of the largest photovoltaic park in Europe, in Arad county, by the end of the first quarter of 2023.According to a release sent on Tuesday, the project will have an installed power of 1,044MW, with plans to include a state-of-the-art energy storage solution. The annual energy production of this photovoltaic park will cover the ...

Eurostat: Romania, among the EU countries with highest increases in household electricity prices

Thursday, November 3, 2022

 In the first half of 2022, average household electricity prices in the EU increased sharply compared with the same period in 2021, from 22.0 EUR per 100 kWh to reach 25.3 EUR per 100 kWh and Romania is among the EU member states with the highest increases, in national currency, the data published on Monday by Eurostat showed.More recently, wholesale prices for electricity and gas have increased substantially across the EU. Energy and supply costs ...

PMB wants to request EU financing for projects regarding photovoltaic power plants worth 19 million RON

Thursday, November 3, 2022

The City Hall of Bucharest (PMB) wants to build photovoltaic power plants with a total value of approximately 19 million RON and the institution wants to request financing for these plants through the 2014-2020 Large Infrastructure Operational Programme.Three draft decisions could be introduced on the additional agenda of Monday's meeting of the General Council of Bucharest.The first project consists in the construction of photovoltaic power ...

ANRE: Number of prosumers recorded to electricity distribution network exceeds 23,785

Thursday, November 3, 2022

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The number of prosumers recorded to the electric distribution grid exceeded 23,785, according to the National Authority in the Energy field (ANRE). This was possible due to changes and additions to ANRE order whose provisions help future users of the electricity grid, especially prosumers.   Thus, Delgaz Grid has 2,964 prosumers, Distributie Energie Oltenia has 4,325 prosumers, E-Distributie Muntenia has ...

Romgaz doubles electricity production, gas output slightly down in Jan-Sep

Thursday, November 3, 2022

Bucharest Stock Exchange listed Romgaz (BVB: SNG), Romania's largest producer and storage operator of natural gas, slightly reduced its hydrocarbon production in the third quarter (Q3) and the first nine months of 2022 compared to the corresponding periods last year, according to a note to investors.   Thus, gas extraction decreased by 1.25% in Q3, to 1.17 bln cubic meters and by 0.51% to 3.69 bln cubic ...

Virgil Popescu : Programme for photovoltaic panels installation, launched at the end of the year

Thursday, October 27, 2022

The minister of energy, Virgil Popescu announced on Thursday in a videoconference with the prefects that, at the end of the year, will be launched a programme for photovoltaic panels installation destined to administrative-territorial units and public institutions.    ‘ I would like to use the fact that prefects are present here, in this video conference, ...

ANRE  approves new power plant on former Oltchim platform

Thursday, October 27, 2022

The regulatory committee of the National Energy Regulatory Authority (ANRE) has authorised the construction of new power plants, with one of them being located on the Oltchim platform.Chimcomplex will thus build in Ramnicu Valcea a high-efficiency cogeneration plant of a capacity of 46.2 MW that will be located on the platform of the former Oltchim chemical works.ANRE also authorised the building of photovoltaic power stations in the ...

Coal production increases 1.7% in first 8 months of 2022, imports up 13.5%

Thursday, October 27, 2022

   Romania's net coal production totaled, in the first eight months of 2022, 2.025 million tons of oil equivalent (toe), being by 1.7% (34,300 toe) higher than in the same period in 2021, according to the data centralized by the National Institute of Statistics (INS).In the mentioned period, Romania imported 337,400 tep of net coal, 40,200 tep (13.5%) more than the amount imported last year in the same period.The ...

Aquila invests over 220,000 Euro in photovoltaic plants with a total capacity of 230 KW

Thursday, October 27, 2022

  Aquila, one of the leaders of the consumer goods distribution market, streamlines its energy flows and invests over 220,000 Euros in the expansion of the photovoltaic plant inaugurated this year and in the construction of a new plant in Ploiesti, with a total combined capacity of 230 KW.   „We focus on sustainability ...

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