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Energy & Environment
Imports of petroleum products increased by almost 30%, in the first five months of 2022
Thursday, July 28, 2022
Imports of petroleum products increased in the first five months of this year by 29.5% compared to the similar period in 2021, according to data centralized by the National Institute of Statistics.In the January-May 2022 period, Romania imported 1.368 million tons of petroleum products, 311,800 tons more than the same period last year.At the end of April, gasoline stocks were 122,000 tons, diesel stocks were 281,000 tons, and HFO (heavy ...
Romgaz hydrocarbon production down by 0.25 pct in first six months of 2022
Thursday, July 28, 2022
The National Natural Gas Company Romgaz SA recorded a total hydrocarbon production of 16.26 barrels of oil equivalent (boe) in the first half of this year, down 0.25% compared to the same period last year, according to the preliminary data published on Wednesday at the Bucharest Stock Exchange.The amount of extracted gas was reduced by 0.16%, namely by 2.515 billion cubic meters (16.17 million boe). The exploited natural gas from domestic production totaled ...
Electrica Group builds new PV plant for beverages producer Albacher
Thursday, July 28, 2022
Electrica Furnizare, part of Electrica Group, announced the turnkey construction of a new photovoltaic plant with an installed power of 4.6 MWp for Albacher Brewery, part of the Romaqua Group Borsec. This second stage of the project carried out in Alba county for Albacher Brewery involves the installation of a PV power plant with an average annual electricity production estimated at 5,976 ...
Restart Energy implements a photovoltaic systems project for the Agrocomplex Lunca Pascani company
Thursday, July 28, 2022
Restart Energy, one of the largest independent suppliers of electricity on the local market, announces contract worth 160,000 euros has been signed with the company Agro-complex Lunca Pascani, for the installation of voltaic photo generators with a combined power of 248 kWp. The project involves the installation of 552 photovoltaic panels on an area of 1,320 ...
Hidroelectrica's output down 30% YoY, still in line with multi-annual average
Thursday, July 28, 2022
The output of state-controlled Hidroelectrica, the largest energy producer in Romania, dropped in the first half of the year by 30% (3 TWh) compared to last year, when the company managed to deliver over 10 TWh. But last year was a very good hydrological year, while this year is marked by a severe drought. "In the first half of the year, we have almost 3 TWh less than last year. However, it should be ...
Energy spot prices in Romania triples June 2022 y-o-y
Thursday, July 28, 2022
The spot electricity prices on the OPCOM energy exchange Day Ahead Market (DAM) averaged 1,138 lei per MWh in June 2022, which is 200% higher than those reported in June 2021 of 378 lei per MWh, according to a monthly report posted on the website of the energy exchange operator.The total value of trades was 2.5 billion lei in June, a 207% yearly increase.On the other hand, the volume of deals decreased by 1%, down to 2,153,795 MWh.DAM's ...
Coal production declines 1.5pct Jan.-May 2022, imports up 55.4pct
Thursday, July 28, 2022
Romania's net coal production in the first five months of 2022 reached almost 1.2 million tonnes of oil equivalent (toe), down 1.5% (17,800 toe) y-o-y, according to data with the National Institute of Statistics (INS).In the first five months of 2022, Romania imported 252,500 toe of net coal, up 90,000 toe (55.4%) y-o-y.The National Economic Strategy and Forecasting Board (CNSP) expects Romania's 2022 coal production to reach 3.325 million toe, up ...
Save Gas for a Safe Winter: Commission proposes gas demand reduction plan to prepare EU for supply cuts
Thursday, July 21, 2022
The European Union faces the risk of further gas supply cuts from Russia, due to the Kremlin's weaponisation of gas exports, with almost half of our Member States already affected by reduced deliveries. Taking action now can reduce both the risk and the costs for Europe in case of further or full disruption, strengthening European energy resilience. The Commission is therefore proposing ...
ANRE fined 24 players in the wholesale energy market with over 11 million lei
Thursday, July 21, 2022
ANRE announced on Tuesday that over 2021-2022 completed 28 investigation actions in the electricity and natural gas sector and consequently applied fines of 11.19 million lei to 24 participants in the wholesale electricity and natural gas market. As a result of European directives transposed in national law, ANRE set up the Investigation Department, having as object the investigation activity in the ...
Gas imports down 14pct in Jan-May 2022; production down 5.6pct
Thursday, July 21, 2022
Romania imported, in the first five months of 2022, a quantity of usable natural gas of 930,500 tonnes of oil equivalent (toe), 14pct (151,700 toe) less than in the same period of last year, according to data centralized by the National Institute of Statistics (INS).Domestic natural gas production accounted for more than 2.957 million toe during the mentioned period, 5.61pct (176,400 toe) below that of the first five months of 2021.The National ...
Nofar Energy continues to expand its global operations with a significant solar project in Romania
Thursday, July 21, 2022
This week, Nofar Energy announced the entry of another significant project with a capacity of 255MW, https://menafn.com/ informs. The project is in the advanced stages of development. It will be built on 290 hectares of land in southern Romania near a high-voltage power line that will allow the direct ...
OMV Petrom: No need for gas imports in winter, Romania's consumption covered from domestic sources
Thursday, July 21, 2022
Romania will be able to cover its gas consumption from domestic sources in winter, even on frosty days, without the need for imports, Niculae Havrilet, member of the OMV Petrom Supervisory Board, told on Monday the conference "How do we prepare for the winter energy crisis?"."From previous experience, on a day of extreme cold, Romania consumed 75 million cubic meters of gas. This consumption was ensured from around 25 million from domestic production ...
Energy Minister: Gas storage facilities 50% full, higher than assumed
Thursday, July 21, 2022
Gas storage facilities are currently filled to 50% of capacity, more than Romania has pledged for August 1, Energy Minister Virgil Popescu wrote on Facebook.More than 1.5 billion cubic meters of natural gas were in storage on Friday, out of a total capacity of 3.07 billion.According to the minister, Romania has assumed before the European Commission a gas filling degree of 46 percent by August 1, 57 percent by September 1, 66 percent by October 1 and ...
PM Ciuca: One billion euros in funding for energy efficiency and green energy production
Thursday, July 21, 2022
The government will adopt an emergency ordinance that provides one billion euros in funding for energy efficiency and green energy production, Prime Minister Nicolae Ciuca announced on Friday, at the beginning of the Government meeting."We will adopt an emergency ordinance that is drafted at the level of the Ministry of European Investments and Projects and provides one billion euro worth of funding, 500 million being allocated to local authorities for energy ...
Population electricity consumption drops by over 6pct during first five months of 2022
Thursday, July 21, 2022
The population's electricity consumption was 22.231 billion kWh, during the first 5 months of the year, dropping 4.1pct compared to the same period last year, according to data released on Thursday by the National Institute of Statistics (INS).Industry consumption also dropped by 3.5%, street lighting went up by 11.1%, and overall national electricity consumption went down by 6.3%.During this period, electricity resources summed up ...
Shahrad Adjili: Kawasaki is the first company to operate a complete CHP application on 100% hydrogen
Thursday, July 21, 2022
After the disaster from Fukushima in 2011, the Japanese Government decided to change the fuel mix and concentrate on hydrogen as a future fuel, and many companies, including Kawasaki started concentrating on technical solutions for hydrogen, said Shahrad Adjili, Head of Sales, Kawasaki Gas Turbines Europe, at ...
ANRE approved the establishment of new energy capacities with total installed power of over 167 MW
Thursday, July 14, 2022
The regulatory Committee of ANRE decided at Wednesday’s meeting to grant authorization to set up new energy capacities of 167 MW, according to a press release.It is about the authorization for setting up the new energy capacity Thermo electrical unit in Cogeneration Midia Navodari, with installed power 77.8 MW and maximally debited of 16.3 MW, offered to the company Rompetrol Energy SA with validity of 26 months, and authorization for setting up the ...
Energy Minister: Romania will produce coal-fired electricity at full capacity in the coming years
Thursday, July 14, 2022
Romania will produce, in the years to come, coal-fired electricity at full capacity to surpass the crisis, posted the minister of energy, Virgil Popescu on his Facebook account.‘Nothing functioning will be closed down. But we won’t replace the Russian gas import with import of Russian coal’ said the minister of energy.He also mentioned in the context, the decision of the authorities to invest in a new unit which will produce ...
One third of consumers in Romania are in energy poverty
Thursday, July 14, 2022
The phenomenon of energy poverty in Romania deepened in the context of the pandemics and got to the situation where three out of ten households (33.3%) are in energy poverty, according to an analysis of the Romanian Observatory of Energy Poverty (ORSE).These consumers got to energy poverty after spending over 10% of the income for the payment of the energy bills in 2020, according to the most recent official statistics available.At the same time, ...
ROMATOM: Including nuclear energy in the EU Taxonomy opens up opportunities for private funding
Thursday, July 14, 2022
The inclusion of nuclear energy in the EU Taxonomy opens up private financing opportunities for this type of projects, it is shown in a release of the Roman Atomic Forum ROMATOM. “Romania’s nuclear industry currently provides 12,600 jobs and has an annual contribution to GDP of 5.7 billion euro. These figures will increase in the context of starting new projects with a strategic role in the ...