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Energy & Environment
RoPower Nuclear SA is project company to develop small modular reactors at Doicesti power plant
Thursday, September 29, 2022
Nuclearelectrica SA and Nova Power & Gas SRL launched on Tuesday RoPower Nuclear SA, the project company for the development of small modular reactors in Romania, on the site of the former coal-fired power plant in Doicesti, southern Dambovita County, according to a press release.The new project company RoPower Nuclear SA will generate over 200 permanent jobs in the power plant, 1,500 jobs in construction, 2,300 jobs in production and will help ...
Ukraine and Romania to ease Gazprom’s pressure on Moldova
Thursday, September 29, 2022
Ukraine and Romania have said they will help neighbour Moldova if Russia decides to cut off gas supplies from October 1 when the winter heating season begins, https://balkaninsight.com/ reads. Ukrainian presidential adviser ...
Hidroelectrica wants to take over supply firm previously owned by CEZ
Thursday, September 29, 2022
The Board of Romanian state-controlled hydropower company Hidroelectrica green-lighted the bid for electricity supply firm CEZ Vanzare, taken over by the Australian investment fund Macquarie Infrastructure and Real Assets (MIRA) from Czech group CEZ at the end of ...
INVL Renewable Energy Fund I is acquiring six solar projects in Romania
Thursday, September 29, 2022
The INVL Renewable Energy Fund I managed by INVL Asset Management continues actively investing in Romania, where it has signed two agreements for the acquisition of six solar projects with a total capacity of 102.7 megawatts (MW). After the transactions, the INVL Renewable Energy Fund I portfolio of projects under development in Romania has increased to 268.7 MW. All solar projects in the fund’s ...
BSOG ponders offshore wind farms after launching production at its Black Sea field
Thursday, September 29, 2022
American company Black Sea Oil and Gas (BSOG), owned by investment fund Carlyle Group, announced its interest in developing offshore wind farms in the Black Sea - where it has already launched production at its Midia natural gas field, according to ...
OMV Petrom says it needs stability, more time to think about Neptun Deep
Thursday, September 29, 2022
OMV Petrom needs 12 months to make the investment decision on Neptun Deep offshore project, the company's CEO Christina Verchere stated on September 22, after Romanian energy minister Virgil Popescu said he would wish to hear about such a decision sooner - by the end of the year. Romgaz, the other partner of the 50:50 concession agreement regarding the field, is "extremely committed to having the Neptun ...
American fund GIP takes over offshore wind projects in Romania
Thursday, September 29, 2022
American infrastructure investment fund Global Infrastructure Partners (GIP), with assets under management of USD 81 bln, is acquiring under a global deal the incipient offshore wind projects of the German group WPD in Romania. The Romanian authorities have approved the transaction, according ...
ANRE: Energy demand is higher than cheap supply
Thursday, September 29, 2022
The crisis on the energy market is generated by the imbalance between demand and supply, because, at the moment, the demand is greater than the cheap supply, Nagy-Bege-Zoltan, vicepresident of the National Energy Regulatory Authority (ANRE) told on Thursday a specialist conference."We don't necessarily have to make sophisticated investments in energy efficiency and go out of the way to invent new solutions. The first step would be to eliminate waste both at ...
Every year Romania emits over 13 million tons of carbon dioxide from cement production
Thursday, September 29, 2022
Over 13 million t of carbon dioxide reach the atmosphere every year due to cement production in Romania, a country that produces around 15 million t of cement annually, the aggregate figure at the level of the biggest players from the Romanian market, https://www.worldcement.com/ ...
CE Oltenia seeks to build 295MW cogeneration plant with Resilience Facility money
Thursday, September 29, 2022
Romanian coal and power complex CE Oltenia has filed a financing request, under the Recovery and Resilience national program (PNRR), for building a natural gas-fired combined heat and power plant with a total capacity of 295MW. The investment is estimated at some RON 1.6 bln (EUR 320 mln), and CE Oltenia expects RON 1.26 bln as grants ...
Romania to increase energy cooperation with Ukraine, Moldova
Thursday, September 22, 2022
Romania, Moldova and Ukraine agreed to sign an inter-governmental agreement on interconnection and increased cooperation in the energy field. The energy and foreign affairs ministers from the three countries met in Odesa and agreed to increase bilateral electricity exchanges between them, and sign bilateral contracts for the short-, medium- and long-term, Romanian Energy Minister Virgil Popescu wrote on ...
Environment Fund Administration approves over 3,000 files in Photovoltaic Green House Program
Thursday, September 22, 2022
A number of 3,072 files were accepted within the Photovoltaic Green House Program, 19 appeals being also admitted, the Environment Fund Administration (AFM) announced on Tuesday.The AFM has published new lists of approved files within the Photovoltaic Green House, the Car Scrappage Scheme Classic, the Car Scrappage Scheme Plus, Energy Efficient House and Clean Romania Programs, following the meeting of the Approval Committee on September 20, ...
Enery buys renewable energy project portfolio owned y Canada’s Jade Power Trust in Romania
Thursday, September 22, 2022
Enery, present on the energy market in the Czech Republic, Slovakia and Bulgaria, signed an agreement for the acquisition of the portfolio of renewable energy projects owned by Canadians from Jade Power Trust in Romania. The portfolio has a total capacity of 81 MW and includes the subsidiaries Transeastern Hidroelectrica Del Ucea SPV and Transeastern Rott Energy SPV III, as well as the ...
OMV Petrom installs photovoltaic panels in 110 filling stations
Thursday, September 22, 2022
OMV Petrom has installed photovoltaic panels in 110 OMV and Petrom filling stations in Romania and aims to expand to 150 units by the end of 2022, informs a company press release, sent on Monday.The number of stations equipped with photovoltaic panels will increase to 150 units, to approximately 30% of the network of OMV and Petrom stations in Romania by the end of the current year.The estimated annual production of photovoltaic panels will be ...
Price of gas has increased by 20 pct, price of diesel fuel by 37 pct
Thursday, September 22, 2022
The price of gas has increased by 20% since the beginning of the year, and that of diesel fuel by 37%, including the reduction of 50 bani (0.5 RON) per liter at the pump, according to the data provided by the Competition Council.The average price of standard gasoline in Romania, according to information from the Price Monitor, was 7.39 RON/liter (with a 50 bani discount applied) on September 2, while diesel fuel was sold, on average, at 8 37 RON/liter (with ...
IAEA mission in Romania for evaluation of site selection process of first SMR in Doicesti
Thursday, September 22, 2022
The International Atomic Energy Agency (IAEA) carried out, at the end of August, at the request of Nuclearelectrica, a SEED (Site and External Events Design) review mission in Romania to assess the process that was followed in the selection of the first small modular reactors (SMR) site in Doicesti, southern Dambovita county, Romania."With the purpose of having a very safe and robust SMR project in Romania, SN Nuclearelectrica SA has requested the IAEA ...
Hoopeks International plans 629 MW wind park in eastern Romania
Thursday, September 22, 2022
Romanian energy company Hoopeks International plans to build a wind park with a total installed capacity of 629.2 MW in Galati, eastern Romania, data from electricity transmission system operator Transelectrica showed, https://renewablesnow.com/ ...
Romania secured deal for gas deliveries from Azerbaijan
Thursday, September 22, 2022
Romania has an agreement with Azerbaijan for the import of gas, in an effort to diversify energy sources, according to sources familiar with the matter consulted ...
Photon Energy starts building 7.1-MWp solar park in Romania
Thursday, September 22, 2022
Amsterdam-based solar and water solutions company Photon Energy NV (WSE:PEN) has launched the construction of a 7.1-MWp solar park in Romania as part of a wider plan to add 32 MWp of total generation capacity in the country by end-2022, https://renewablesnow.com/ ...
PM Ciuca: Romania makes every effort to find natural gas supply solutions for Moldova
Thursday, September 15, 2022
Romania's Prime Minister Nicolae Ciuca welcomed his Moldovan counterpart Natalia Gavrilita at the Government House on Tuesday, saying that Romania is "making every effort" to find supply, transit and storage solutions for the natural gas needed by Moldova.In a conversation, the two officials looked into the latest developments in the implementation of concrete projects intended to support Moldova in areas such as energy and natural gas supply, ...