Public consultation period for the revision of the PNIESC, extended until mid-March
The public consultation period of the revised National Plan for Energy and Climate Change (PNIESC) has been extended until March…
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Israeli Nofar Energy Group expects 55 million euros from EBRD for 2 PV projects in Romania
Nofar Energy, an Israeli renewable energy company listed on the Tel Aviv Stock Exchange, plans to borrow up to 55…
Nano Energies enters the Romanian market with energy consumption and production management services
Nano Energies was licensed in December 2023 to provide services as an independent electricity aggregator in Romania through its local…
In 2024, OSCAR Downstream aims at the retail market with its first own petrol stations
OSCAR Downstream will enter the retail market with its own service stations and the first stations will be operational by…
Energy prices – falling in Europe, amid increased wind production
Benchmark electricity prices in Europe fell on Monday and natural gas futures hit six-month lows after a new Atlantic storm…
Russia became China’s largest oil supplier, a first since 2018
Russia overtook Saudi Arabia last year to become China’s largest supplier of oil, which highlights the ineffectiveness of the West’s…
Minister of Energy filed a criminal complaint for attempted online fraud
Minister of Energy, Sebastian Burduja, filed a criminal complaint on Monday for an attempted online fraud (deepfake), through which an…
M&A: Romanian market posted 241 transactions, estimated at 7 bln. USD in 2023
Romanian mergers and acquisitions (M&A) market recorded 241 transactions in 2023, with a total estimated value of USD 7.1 billion,…
EUCF – Free assistance for local authorities interested in sustainable energy investments
The Alba Local Energy Agency – ALEA is launching a new Call (6) of the European City Facility (EUCF) in…
ENGIE acquires an 80 MWp wind farm in Constanța County
ENGIE announces the signing of the agreement for the acquisition of a wind farm, majority owned by the EnerCap Group,…
GREENER project increased knowledge about renewable energy and energy efficiency in Alba Iulia
In an effort to promote sustainable development, the Municipality of Alba Iulia has implemented the project “supportinG incReasEd knowlEdge oN…
ABB to deliver complete traction chain to upgrade Romania’s locomotives
ABB secured a large order to deliver the complete traction chain to upgrade 19 of the 5100-kilowatt (kW) locomotives operated…
EIT InnoEnergy and Demeter create a 500 mln. euro fund dedicated to raw materials for batteries
EIT InnoEnergy, an innovation engine for sustainable energy across Europe, and Paris-based Demeter Investment Managers have teamed up to launch…
Italy could get 2 bln. euro from the sale of a stake in Eni
The Italian government plans to sell a stake of up to 4% in Eni SpA after the oil company completes…
IEA revised upward the estimates regarding oil demand
The International Energy Agency (IEA) has again upgraded its estimates of oil demand growth in 2024, although its projections remain…
Romania, Bulgaria and Greece signed a joint declaration for regional energy projects
Romania signed, along with Bulgaria and Greece, a joint declaration for regional energy projects, with investments in offshore wind power…
Enery announces the signing of virtual PPAs with Orange Romania
Enery, a leading provider of renewable energy solutions in Central and Eastern Europe announces the signing of two Virtual Power…
Study: Oil and gas sector pays rising taxes to budget
A new study notes a significantly disproportionate evolution of taxation specific to the oil and gas sector for the period…
Chisăliță: The program for subsidizing stoves will increase sales without helping vulnerable consumers
The Rabla program for subsidizing stoves, recently announced by the Ministry of the Environment, Water and Forests (MMAP) puts the…
Eco-cars end 2023 with a market share of 24% of total sales
New car registrations in Romania increased by 11.6% in 2023 compared to the previous year, a margin in which “electrified”…
ME launches two calls for green energy with grants of over 800 mln. euro
The Ministry of Energy will launch in March two projects in the field of green energy, worth over 800 million…
Burduja: Last year we put into operation a capacity 10 times higher than in 2022
Romania put into operation last year an electricity production capacity 10 times higher than in 2022, the estimates being that…
ME to launch law projects to accelerate Hidroelectrica investments
The Ministry of Energy will initiate, in the next period, several projects of normative acts aimed at accelerating the investment…