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Energy & Environment

Razvan Nicolescu is the new Central Europe leader for gas, oil and chemicals sector

Thursday, June 27, 2019

Razvan Nicolescu, newly appointed partner with the Consulting practice of Deloitte Romania, also takes on a regional role, by becoming Central Europe leader for gas, oil and chemicals sector. “Becoming a partner is the highest accolade in one’s career in professional services as it acknowledges the ultimate level of technical expertise, client service and talent development. I welcome Razvan in our partners group and I am confident his ...

Iohannis promulgated Law 120/2019 meant to facilitate Transelectrica’s investments

Thursday, June 27, 2019

President of Romania, Klaus Iohannis, promulgated Law 120/2019 on some measures necessary for carrying out the works and implementing projects of national importance regarding the transport electric network. The law facilitates the realization of vital investment projects in Romania’s energy security, facilitates the construction of aerial power lines and compliance with the deadlines for projects with European funding, Transelectrica ...

RTPR Allen & Overy and Schoenherr Romania win EUR 800 million litigation case for Electrica

Thursday, June 27, 2019

* Major win for the Romanian electrical company Electrica in an EUR 800 million litigation case against the Romanian Management Company for Ownership in Energy (SAPE) The Romanian electrical company Societatea Energetic? Electrica S.A. ("Electrica") won the first procedural phase in litigation against the Management Company for Ownership in Energy („SAPE”) – the Romanian public company which manages the state’s ...

Subsidies for high-efficiency power and heating plants rise in Romania

Thursday, June 27, 2019

Romania’s energy market regulator ANRE has significantly increased (by 11% - 28%) under order 69/2019 the subsidies for high-efficiency power and heating generation (also known as ...

OMV Petrom contributes 4 million euro to support ”Romania Eficienta” program launched by EPG

Thursday, June 27, 2019


OMV Petrom, the largest player on the Romanian energy market, endorses the Energy Policy Group (EPG) “Romania Eficienta” program. OMV Petrom will contribute 4 million euro to this program in the period 2019-2022. The program aims to promote energy efficiency at the national level, through public information campaigns, education programs and financing of projects aimed at improving the energy efficiency of public buildings. “Every day, ...

The Visegrad 4 and Russian pipelines: An imaginary unity

Thursday, June 27, 2019

The Nord Stream II pipeline gave birth to a seemingly united front among several Central and Eastern European states objecting to the project, including Czechia, Slovakia, Hungary and Poland. That, however, is far from the truth, writes for euractiv.com Martin Jirušek. Martin Jirušek is assistant professor at the Faculty of Social Studies, Masaryk University, Czech Republic. The Nord Stream II pipeline, ...

EC recommends Romania to increase to 34pct the target on energy from renewable sources in 2030

Thursday, June 20, 2019


The European Commission (EC) recommends Romania to increase, until at least 34 percent, the target regarding the share of energy from renewable sources in gross final consumption of energy representing Romania's contribution to the achievement of the Union's objectives in the horizon of 2030, the European Commission assessment report on the project of the integrated national energy and climate change plan (NECP) published Tuesday by the executive Community.Through ...

RWEA: Growth of renewable energy target to 34 pct for 2030 reconfirms Romania's significant potential

Thursday, June 20, 2019

The recommendations of the European Commission regarding the Integrated National Energy and Climate Change Plan Project 2021-2030 represents a reconfirmation of Romania's significant potential in the area of energy from renewable sources, with the 34 percent share being an encouragement for a correct level of ambition for the future, but also for the efforts put in so far, in view of the development of the current renewable energy capacities, a release of the Romanian Wind ...

The Commission has published its assessment of Member States' draft plans to implement the EU's Energy Union objectives

Thursday, June 20, 2019

The Commission's assessment finds that the national plans already represent significant efforts but points to several areas where there is room for improvement, notably as concerns targeted and individualised policies to ensure the delivery of the 2030 targets and to stay on the path towards climate neutrality in the longer term. The European Union is the first major economy to put in place a legally binding framework to deliver on its pledges under the Paris Agreement and ...


Thursday, June 20, 2019

The company reaffirmed its position in the FTSE4Good Index Series, in the Euronext Vigeo-Eiris indices at global, European and Eurozone levels, and in the Integrated Governance Index (IGI) The indices recognised Enel’s leading role in promoting a low-carbon energy model through renewables, digitalisation and advanced energy solutions while acknowledging the company’s responsible business ...


Thursday, June 20, 2019


  E-Distributie Dobrogea has completed the modernisation project of the Abator primary station in Constanta, following investment of approximately 12 million lei, which will improve the distribution service quality for about 26,000 customers. The high to medium voltage 110/20/10 kV station will now provide improved services to household and industrial consumers in the south-east area of the city of Constanta, in the perimeter of Peninsula Portul ...

The ministry of economy: We have reopened the first three mines out of the 530 closed down

Thursday, June 13, 2019

The ministry of economy Niculae Badalau announced on Wednesday in a conference, that they reopened three mines in the Jolotca area, Harghita county. ‘I want to announce for the first time that we have reopened the first three mines out of the 530 closed down in the mining area Jolotca, Harghita county, mines which are in radioactive Magurele under the coordination of the ministry of economy. We are talking about the first three mines re-opened, after 1989. These mines have rare ...

DefMin Gabriel Les: We are focusing on finding ways to cleaner, sustainabe energy models in defense

Thursday, June 13, 2019

  The Minister of National Defense, Gabriel Les, said on Wednesday that the ministries in the EU member states have the objective to reduce the energy footprint and especially to find cleaner and safer energy models."The efforts made by the Defense Ministries in the EU Member States are not aimed at simply reducing the energy footprint and finding a formula to reduce energy bills, but (...) we focus on finding ways to cleaner, safer and more sustainable energy models," ...

Primary energy resources advance 0.9pct, Jan.-April, 2019

Thursday, June 13, 2019


Romania's primary energy resources increased by 0.9pct in the first four months of 2019, while electricity prices decreased by 6.7pct from the same period of 2018, according to provisional data with the National Institute of Statistics (INS) released on Wednesday.Primary energy resources during the period January 1 - April 30, 2019 totalled 11.598 million tons of oil equivalent (toe), up 105,700 toe over the same period in 2018.Domestic production amounted to 6.849 ...

ANRM to launch new auction for the concession of 28 petroleum exploatation areas

Thursday, June 13, 2019

Ten years after the last round of public auctions, the National Agency for Mineral Resources will begin the 11th auction round providing 28 exploatation areas for concession, according to Florin Ciocanea, a state advisor for PM Viorica Dancila. There are 22 onshore and ...

Bogdan Badea, confirmed CEO of Hidroelectrica for a 4-year mandate

Thursday, June 13, 2019

Bogdan Badea, the CEO of Hidroelectrica, has been confirmed in his position for a 4-year mandate, after months of temporary mandates.    Hidroelectrica is the most profitable state-owned company in Romania. The Energy Ministry own 80 percent of company’s shares while Fondul Proprietatea has a 20 percent stake. Hidroelectrica has a board of directors with 5 members: Bogdan Badea, Marian Bratu, Razvan Pataliu, Radu Cristian Pop and Cristian Vladoianu.Their ...

Iberdrola to build the largest solar power plant in Europe

Thursday, June 13, 2019

Spanish utilities company Iberdrola will invest over EUR 300 million to build a solar power plant with a capacity of 590 MW in Spain’s Extremadura region, making it the largest such project in Europe and one of the largest in the world, according to Bloomberg. The plant, which will be called Pizarro, will house about 1.7 million solar panels on a 1,300-hectare site and will be ready by 2022. The developer says it will be able to meet the annual power needs of 375,000 ...

OMV Petrom completes EUR 46 mln investment at Romanian refinery

Thursday, June 13, 2019

OMV Petrom announced it completed an investment project worth EUR 46 million aimed at upgrading the Coker unit of its Petrobrazi refinery. A closed blowdown system was implemented at this unit, to eliminate any potential emissions of volatile organic compounds, thus supporting the reduction of the environmental impact. The Coker unit is an important point in the refining process as this is where heavy oil components from the other units are redirected and where the final oil ...

EU needs more wind and solar power to meet renewables targets, warn Auditors

Thursday, June 13, 2019


The EU needs to take significant action to generate more electricity from wind and solar power and meet its targets on renewables, according to a new report by the European Court of Auditors. Although both wind and solar power have recorded strong growth since 2005, there has been a slowdown since 2014, say the auditors. The Commission should urge Member States to support further deployment – by organising auctions to allocate additional renewables capacity, promoting citizen ...

ARIR: Electrica is joining the Romanian Investor Relations Association

Thursday, June 13, 2019

The Romanian Investor Relations Association (ARIR) announced today it has welcomed Electrica SA ...

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