Gas crisis is causing German utility companies to raise funds
European utility companies are rushing to raise billions of euros, a proof to the financial stress caused by record prices…
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Trading & Distribution
CFR launches tenders for the electrification and modernization of the Cluj Napoca-Oradea line
Over 3 billion lei will be allocated by the National Railway Company “CFR” SA for the acquisition of design and…
Ştefan-Alexandru Frangulea, the new financial director of Electrica
Ştefan-Alexandru Frangulea has been appointed interim financial director of Electrica, for a term valid until December 31, 2022, informs the…
Electricity and fuel prices have risen in January
The year 2022 brings to the Romanians an increase of the minimum wage, of the pension point and of the…
Electrica: New reorganization process to be discussed with the social partners
Electrica has started a procedure to reorganize the structure of the headquarters and a final decision will be taken after…
Rising energy prices are causing major losses to large European producers
The continuous rise in energy prices in Europe exposes the region’s largest consumers of gas and electricity to significant losses,…
2021: The energy price has increased 10 times
The year 2021 brought unprecedented records on the energy market, with prices more than 10 times higher than last year…
Energy consumption in the EU decreased significantly in 2020, Romania had one of the smallest drops
Primary energy consumption in the European Union fell significantly in 2020 to 1,230 million tonnes of oil equivalent (Mtoe), 5.8%…
Electrica Furnizare installs 1,840 photovoltaic panels for the LEMET furniture factory
Electrica Furnizare announces the start of the turnkey construction project of a Photovoltaic Power Plant, with an installed capacity of…
AFEER: Electricity price hits record high after nuclear power plant shut down in France
The record price of electricity these days in Romania and throughout Europe is caused by the shutdown of some nuclear…
Enel X installed over 1,800 state-of-the-art street lighting lamps with LED technology
Enel X România, a subsidiary of Enel X, the advanced energy services business line of the Enel Group, has provided…
Bulgaria caps energy prices at December 16 levels
After a three-hour debate, the National Assembly of Bulgaria amended on Thursday the moratorium imposed on December 16 to cap…
E.ON Romania may post losses in a few weeks, if state won’t offset bills’ capping on time
E.ON Romania can last a few weeks until it registers loses, if it does not receive the money from state…
OMV Petrom will invest in 100 e-charging stations in Southeast Europe by the end of 2022
OMV Petrom will be the first energy company with an electro-mobility infrastructure present in four countries in Southeast Europe, the…
Capping energy prices has wiped out competition; the effects should be examined by the Competition Council
The measure to cap electricity prices has wiped out competition in the market, and it may come to the attention…
AFM: Electricity charging stations may apply for funding from December 13th
Public institutions and administrative-territorial units wishing to participate in the Program “Charging stations for electric vehicles in localities” can create,…
C. Popescu: Investments in solar parks rejected by the GSM were part of Electrica’s Strategic Plan
Electrica’s shareholders rejected the plan to take over some solar parks of about 31 MW, taking the market by surprise.…
E-Distributie Muntenia extends by 20 Km the power grid in Ilfov and Giurgiu
E-Distribuţie Muntenia, the electricity distribution operator part of the Enel Group, is carrying out works to expand the electricity distribution…
Minister of Energy: Enel’s investments are not affected; energy producers will only be surcharged until March
Enel’s investments in Romania will not be affected by the measures taken by the authorities for consumer protection this winter,…
Capping bills will cost the state budget at least 4 bln. lei
Romanian Government wants to allocate 4 billion lei next year to offset and cap energy bills for domestic and industrial…
Energy industry production prices rose by almost 75% in October
Romanian industrial production prices (domestic market and foreign market) increased by 26.8% in October compared to the same month of…
Delgaz Grid launches the Imobot app, which reduces grid connection time
Through Imobot, the first software robot developed for Delgaz Grid, the company takes an important step in optimizing the process…
ANRE fined electricity and gas suppliers by almost 2.4 million lei
National Energy Regulatory Authority (ANRE) imposed contravention fines on electricity and natural gas suppliers in the total amount of 2.365…