UK: SMRs might miss the decarbonisation target deadlines, MPs warn
Though the UK government has championed SMR technology in the planned decarbonisation of the energy grid, the Environmental Audit Committee…
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Greece prepares 3.21 GW in gas-fired power plants; global market is booming
There are 134 gigawatts (GW) of gas-fired power capacity under construction worldwide, writes Global Data in their latest Energy Monitor…
Distribuție Oltenia – investments of 250 mln. lei in Dolj, Gorj, Mehedinți and Vâlcea
At the end of last year, Distribuție Oltenia prepared the documents for obtaining financing from the Ministry of Energy for…
Italians from SACE and Ansaldo Nucleare could be involved in the development and financing of Nuclearelectrica’s classic reactor projects
Nuclearelectrica announces that it has signed on Thursday, in Rome, in the presence of the Minister of Economy, Entrepreneurship and…
Competition analyzes the takeover of Greenvolt Energias Renovaveis by GVK Omega SGPS Unipessaol
Competition Council announced that it is analyzing the transaction by which GVK Omega SGPS Unipessaol Lda intends to take over…
Romania’s first green bond issue, of 2 bln. euro, oversubscribed
The first issue of green bonds launched by the Romanian state on Thursday on the international market was a success.…
Transelectrica participated, together with 29 other Romanian companies, in the Romania-Italy Economic Forum
Transelectrica participated, together with 29 other Romanian companies, both public energy companies, including Transgaz, Romgaz, Nuclearelectrica and Electrica, and private…
CISOLAR 2024: Empowering Renewable Energy in Central and Eastern Europe
CISOLAR 2024 Bucharest, the 12th Solar Energy Conference and Trade Show of Central and Eastern Europe, will be held on…
ME: Distribution network financing contracts of 646 mln. euro through the Modernization Fund
The Ministry of Energy announces the signing of 21 more financing contracts within the Modernization Fund, Key Program 3- Support…
Romanian and Hungarian companies pay the highest energy prices in the EU
Companies in Romania and Hungary pay the highest energy prices in the European Union, almost three times higher than those…
KMG Rompetrol – new e-mobility projects of 2.2 million euros with European funds
KMG Rompetrol Development submitted, in November 2022, an application for financing a project on the purchase and installation of ultra-fast…
Hidroelectrica completes the modernization of ten 110kV power stations in SH Hațeg
Hidroelectrica marks the successful completion of the modernization process of ten 110kV electrical stations in SH Hațeg. The investment –…
PPC: Rețele Electrice Companies attract European financing of over 433 mln. lei
The Ministry of Energy and the companies Muntenia, Rețele Electrice Banat and Rețele Electrice Dobrogea (part of the PPC group…
BayWa r.e. takes over Poarta Albă solar park developed by HVAC Systems, which will continue development of the 44.5 MW project
BayWa r.e., world leader in the field of renewable energy and promoter of the agrovoltaic concept, announces the start of…
FP sells the 12% stake held in Engie Romania for 432 mln. lei
Shareholders of Fondul Proprietatea (FP) gathered during the extraordinary general meeting (AGEA) on Tuesday approved the sale of the 12%…
Best Tools Company Engages in Romania’s Energy Storage Market in Collaboration with iNOVAT (P)
In a strategic move to expand its presence in the dynamic Romanian energy landscape, iNOVAT Energy Storage Solutions, a distinguished…
Greek gov’t offers farmers cheap electricity to persuade them to stop protests
Greek Prime Minister Kyriakos Mitsotakis offered farmers the opportunity to benefit from lower electricity bills for the next ten years,…
Chirițoiu: This year we have to prepare the steps following the exit from the capping mechanism
The steps following the exit from the energy price capping mechanism must be prepared during this year and solutions must…
Ministry of Energy officially notified the Capital City Hall regarding the need of an ELCEN-Termoenergetica merger
The Ministry of Energy has officially notified the Capital City Hall regarding the proposed merger between Societatea Electrocentrale Bucureşti SA…
C-bank holds key interest rate at 7%, inflation rate keeps on dropping
The Board of Directors of the National Bank of Romania decided, on Tuesday, to maintain the monetary policy interest rate…
Dumitru Chiriță is the new president of Electrica’s board
On Monday, the Board of Directors of Electrica elected Dumitru Chiriță, former president of the Energy Regulatory Authority, as president…
OMV Petrom has 1.5 bln. lei for acquisitions in 2024
OMV Petrom allocated this year 8 billion lei for investments, of which 1.5 billion lei for acquisitions, OMV Petrom’s financial…
IEA: Nuclear energy is making a strong comeback worldwide
The Director General of the International Energy Agency (IEA), Fatih Birol, believes that nuclear energy is making a “strong comeback”…