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Energy & Environment
Engie Romania completes one of country’s first hybrid power plants
Thursday, September 12, 2024
Engie Romania added a hybrid power plant to the transmission grid. The 56.8 MW facility consists of wind turbines and a solar power unit, https://balkangreenenergynews.com/ ...
National project to promote energy efficiency in building launched
Thursday, September 12, 2024
The Association for the Promotion of Energy Efficiency in Buildings (ROENEF) announces the launch of the ROENEF Caravan, a project aimed at promoting energy efficiency in buildings and increasing the level of information, at the population level, regarding the benefits that energy efficiency brings in homes, both from an economic point of view, as well as from an environmental and healthcare ...
NGOs: Romania's energy strategy sets low renewable energy target by 2030
Thursday, September 12, 2024
Romania continues to base its energy transition plans on a massive increase in fossil fuel consumption, through new thermal power plant projects, fossil gas distribution networks, and also new facilities, which will lead to an increase in carbon emissions, as well as dependence on fossil gas, environmental organisations have warned in a letter to the Ministry of Energy.According to the document, signed by the 2Celsius Association and the ...
Greenpeace Romania asks Bucharest Court to "immediately" suspend environmental agreement for Neptun Deep
Thursday, September 12, 2024
Greenpeace Romania activists request the Bucharest Court to "immediately suspend" the environmental agreement for the Neptun Deep project and claim that the Constanta Environmental Protection Agency issued the environmental agreement in serious violation of the legal provisions and associated procedures."While OMV Petrom and Romgaz claim that the carbon footprint of the Neptun Deep project is zero, that these emissions do not exist, we will ...
Degree of filling of natural gas reserves stands at 96.53 pct
Thursday, September 12, 2024
Romania has reached a degree of filling of its natural gas reserves of 96.53%, according to data as of September 4, the amount of stored gas being 177.7 million cubic meters more than last year, which means that "we are well prepared for the cold season", Energy minister Sebastian Burduja announced on Friday."A piece of new good news on winter preparations! The degree of filling of natural gas reserves stands at 96.53%, as of September 4, 2024. ...
Azerbaijan, Georgia, Romania, Hungary set up joint venture on green energy supply
Thursday, September 5, 2024
Azerbaijan, Georgia, Romania and Hungary have established a joint venture on green energy supply, Azerbaijani Energy Minister Parviz Shahbazov announced on Tuesday. “The Bucharest Meeting of the Ministers/Steering Committee on the establishment of the Green Energy Corridor between Azerbaijan, Georgia, Romania and Hungary ended with important results on the implementation of the Quadrilateral Agreement and the transformation of Azerbaijan ...
Hidroelectrica announces modernisation of Vaduri, Remeti, Arcesti hydropower plants
Thursday, September 5, 2024
Hidroelectrica has signed with the consortium formed by Hidroserv and UCMH contracts for the modernisation of the hydropower facilities Vaduri, Remeti and Arcesti.According to a company press release sent on Monday, the projects are part of a broad plan aimed at ensuring the sustainable and efficient operation of the company's infrastructure, according to the highest technological standards.In this sense, at the Vaduri Hydroelectric Power Plant, ...
Engie Romania expands its renewable energy production portfolio with its first hybrid plant
Thursday, September 5, 2024
Engie Romania is expanding its renewable energy production portfolio with its first hybrid power plant, from wind and solar sources, with a total installed capacity of 57 MW, the company announced on Wednesday."Located in Gemenele commune in Braila county, the hybrid power plant will generate approximately 140 GWh annually, equivalent to the annual electricity consumption of over 46,800 households", the press release states.According to the cited ...
Creditors Of Hidroconstructia Company OK EUR 65 M Asset Sale
Thursday, September 5, 2024
INFINEXA Restructuring, a Romanian entrepreneurial company specialized in restructuring distressed companies, with over 130 million euros in assets under management, announces the sale of a portfolio of assets worth over 65 million euros, belonging to Hidroconstructia S.A. “We have identified a series of assets that are not essential for the optimal operation of the company during this ...
E.ON: PV system installations increased eightfold compared to 2023
Thursday, September 5, 2024
The E.ON Energie Romania company installed, in the first eight months of this year, over 3,500 photovoltaic systems at residential customers, eight times more than the whole of last year. If last year the company installed 400 photovoltaic systems, on average 1 system per day, this year the average pace of installations increased to 14 photovoltaic systems per day, the record being 50 systems installed ...
ANRE intervenes on the balancing market to temper price hikes
Thursday, September 5, 2024
The regulatory committee of ANRE unanimously approved, on Wednesday, Order no. 60 for the modification of some orders of the president of the National Energy Regulatory Authority regarding the electricity market. Balancing market prices increased even more than five times this summer compared to the previous year, rising, for example, in July to record levels of 3,000 euro/MWh (the ...
European Investment Bank (EIB) : Romania receives 200 mln. euro for power grid modernization
Thursday, September 5, 2024
Romania received the approval for a financing worth 200 million euro from the European Investment Bank (EIB), money that will be used for the modernization of the electricity distribution network, according to a press release of the financial institution . “On its way to energy independence, Romania has a huge need for investments in electricity networks, which is why, in my capacity as a member ...
Retele Electrice invest 24 million lei in the modernization of the medium voltage network, by acquiring 24kV non-detachable circuit breakers
Thursday, August 29, 2024
Retele Electrice Muntenia organizes through the SEAP public platform a tender for the purchase of 24kV three-pole non-removable circuit breakers with vacuum switching, worth up to 24 million lei. This initiative is part of a large project to modernize and expand the electricity distribution infrastructure operated by the Retele Electrice companies, aiming to improve the safety and efficiency of the electricity networks. "This tender represents ...
Competition Council analysing OMVPetrom taking over Intertrans Karla SRL, Bridgeconstruct SRL, ATS Energy SA
Thursday, August 29, 2024
The Competition Council is analysing the takeover of Intertrans Karla SRL, Bridgeconstruct SRL and ATS Energy SA by OMV Petrom, according to a competition authority release sent on Wednesday.The OMV Petrom Group is active in the energy sector, from the exploration and production of oil and natural gas to the refining and distribution of fuels and, further on, to the generation of electricity, as well as the commercialisation of natural gas and electricity.The ...
Romania Heavily Imports Electricity After Nuclear Reactor Shutdown
Thursday, August 29, 2024
Romania is importing over 2,000 MW of electricity on Wednesday morning, equivalent to one-third of the national consumption, due to the shutdown of a reactor at Cernavoda and reduced renewable energy production. According to Transelectrica, at 8:30 AM, Romania’s electricity imports reached nearly 2,100 MW, with national consumption at 6,700 MW. Imports were also very high during last night’s peak consumption, ...
Electrica H1 profit falls on lower sales, prices
Thursday, August 29, 2024
Romanian power supplier and distributor Electrica said on Tuesday that its consolidated net profit dropped by 40.3% year-on-year to 102.1 million lei ($22.9 million/20.5 million euro) in the first half of 2024, as revenues of the group's supply division shrank by 20.5% to 2.938 billion lei. The drop in the revenues of the supply division came as a result of lower electricity sales volumes and lower purchase cost for electricity, Electrica said in a ...
Romania's crude oil production decreased by 3.8% in the first six months of 2024; imports decreased by 17.3%
Thursday, August 29, 2024
Romania produced, in the first semester of 2024 a quantity of crude oil of over 1,353 million tons of oil equivalent (toe), 53,200 toe less (-3.8%) than during the same period of the previous year, according to the data centralised by the National Institute for Statistics. (INS). Imports of cruide oil were, in the mentioned period, 3.376 million toe, being 707.300 toe below those recorded in January - June 2023 ...
Romania's coal production down 19.8pct in H1, imports down 30.7pct
Thursday, August 29, 2024
Romania's coal production in the first six months of this year totaled 929,700 tonnes of oil equivalent, 19.8% lower (minus 230,100 toe) than in the same period in 2023, according to data centralized by the National Institute of Statistics (INS).Imports of coal amounted to 95,900 toe, down 42,400 toe (minus 30.7%) compared to January-June 2023.The dynamics of both coal production and imports are expected to decrease in the period 2024-2027, as ...
Romania's updated Energy Strategy 2025-2035 includes keeping affordable energy prices
Thursday, August 29, 2024
The updated version of Romania's Energy Strategy 2025-2035 provides, among other things, for keeping affordable energy prices in place and supporting economic competitiveness, developing energy storage facilities and encouraging the growth of domestic consumption under efficient circumstances, according to the Ministry of Energy.The draft of the updated "Romania's Energy Strategy 2025-2035 toward 2050" document is posted on the website of the Ministry of Energy, the section ...
Romania has 2,878 billion cubic meters of natural gas in storage, filling level exceeds 90 pct
Thursday, August 29, 2024
Romania has stored 2.878 billion cubic meters (bcm) of natural gas, for a filling level of 90.79%, which means that it has met its natural gas storage target for next winter more than 70 days ahead of schedule, the Energy Ministry Sebastian Burduja announced on Thursday.According to the European legislation and the commitments undertaken at the country level, the objective of constituting natural gas stocks of 90% of the storage capacity for the winter 2024 - 2025, ...