News in Energy
President Klaus Iohannis answered a media question about the South Stream gas pipeline on Thursday by saying Romania will seek new opportunities for consolidating its energy independence and for connecting to the European energy systems. read more...
Prime Minister Victor Ponta in Medias on Thursday, after having paid a visit to Transgaz and Romgaz, said that if the gas exploitation began in the Black Sea, by 2019, there should be enough gas for Romania and the Republic of Moldova. read more...
Russian gas supplies to Romania this Monday were 9.2 percent below normal (and so where Sunday’s shipments) although initially Gazprom had announced a 10.6 percent cut for the day, representatives of the Energy Department told. read more...
If the current green certificates scheme is maintained, the Romanians will pointlessly shell out 13 billion euros to renewable energy producers in the next 15 years, given that Romania has already attained the green energy production targets undertaken for 2020, said Marian Nastase, chairman of the Alro Slatina Board of Directors in an interview. read more...
The regulator of the Romanian energy market (ANRE) announced on Friday that the effect of the postponement of a significant volume of the green certificates is the reduction by one third of the costs borne by consumer on that specific segment, which is billed separately on their invoices. read more...
The feasibility study for the thermoelectric plant which is scheduled to be built by China Huadian Engineering at Rovinari will be ready in September, said Laurenţiu Ciurel, the general manager of the Oltenia Energy Complex. The coal group with an installed power of 600 MW represents an estimated investment of 1 billion Euros. read more...
Romania will attain energy independence in the next 5 to 10 years, Prime Minister Victor Ponta declared in the Black Sea port of Constanta (221 km south-east of Bucharest). read more...
The gas pipeline linking the southern Romanian Danube River port of Giurgiu to Bulgarian Ruse will become operational in this July, with deadline being June 30, but the project will be delayed for a week or two, the Gas Dispatcher’s Office head with gas distributor Transgaz told a conference staged by the National Romanian Committee of the World Energy Council on Thursday. read more...
Regulated prices for natural gas supply will be increased from April 1, 2013, following to grow by approx. 5 percent for non-household consumers, up to 55.3 lei / MWh. read more...
Rompetrol Group will repurchase a part of the stock held by the Romanian state in Rompetrol Rafinare (the operator of the refineries Petromidia Navodari and Vega Ploiesti), and will continue to be a significant shareholder of the company in the County of Constanta, according to a release issued by the company on Friday. read more...
Cernavoda nuclear reactors 3 and 4 and the Tarnita-Lapustesti hydro-power plant are two projects that need to be carried out jointly, Minister-delegate for infrastructure projects of national interest and foreign investments Dan Sova declared in a televised show. read more...
ArcelorMittal steel maker of Galati (southeastern Romania) plans to increase its presence on Romania’s wind turbines market, through adjusting its production to meet the industry’s demand, and improving the service quality and the delivery deadlines, said the Company’s PR director Dorian Dumitrescu. read more...
The Romanian total natural gas demand for Jan. is put at 21.992 million megawatt hour (MWh), reveals a proposal made in the substantiating report drawn up by national gas supplier Transgaz that was sent the National Energy Regulatory Authority. read more...
The Romania authorities will send the EU Commission a plan of the natural gas supply security and an answer on the banning of the natural gas exports, by Friday, State Secretary with the Ministry of Economy, Trade and the Business Environment Rodin Traicu told. read more...
Last of the 240 wind turbines in Fantanele-Cogealac wind farm (south-east, on the Black Sea shore) was connected to the national power grid, CEZ Group spokesman Angelica Barbu on Friday. read more...
Romania imported a usable natural gas quantity of 1.459 million tons of oil equivalent by this mid-year, down 28.79 percent (586,800 toe) from the first half of 2011, show figures centralised by the National Institute for Statistics. read more...
The insolvency of "Hidroelectrica" and the amendments pertaining to the labor legislation and the fiscal system present uncertainties for investors, considers Steven van Groningen, the CEO of Raiffeisen Bank Romania. read more...
Romania is among the most attractive 15 countries in the world for investments in renewable energy, according to the latest Country Attractiveness Indices report, released on Monday by Ernst & Young. read more...
Electricity prices are going to be liberalized by 2013 for industrial consumers and by 2017 for household consumers, according to a draft law adopted by the Government on Friday and remitted to Parliament for analysis and approval. read more...
As a first, Romania has nudged up the rankings of Top 10 most attractive countries in the world for investments in wind power, according to the latest Country Attractiveness Indices report released by Ernst & Young. read more...
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