Virgil Popescu: The budget is not an austerity one, many investments are made outside it
The budget for 2021 is not one of austerity, but it does not satisfy everyone either, and although the ministers…
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Trading & Distribution
AFEER: Approval of bilateral contracts – an important step forward for ANRE
The approval of the legislation related to the new bilateral contracts opens new opportunities for the Romanian electricity market, by…
Romanian energy system, ready for the extreme temperatures period
Romania will experience a thermal shock with night lows of up to minus 20 degrees, in some places even lower,…
The 15-minute settlement, launched on Thursday on the Romania-Hungary route within SIDC
Transelectrica and OPCOM announced that the cross-border transaction settlement product at 15 minutes “will be launched in continuous intra-day trading…
Electrica Furnizare: All invoices issued monthly, starting January 28, will contain the commercial discount
Electrica Furnizare customers that received until January 28, 2021 the invoice related to the consumption from January will find the…
The digitalization approach is unique for each company
In the near future, all companies must set their digital goals in order to remain competitive and relevant, considers Daniel…
Romania has started the 15 minutes settlement process on the balancing market
As of February 1, 2021, the Romanian electricity market has moved from one hour’s settlement time to 15 minutes’ settlement…
V. Popescu: The suppliers have voluntarily committed to grant discount to the universal service consumers
Home energy consumers who have not changed the contract will pay in the next six months the lowest price offered…
Eurohold has received the approval of the Bulgarian energy authority for the acquisition of CEZ
The Bulgarian Energy and Water Regulatory Commission has approved the transaction through which Eurohold Bulgaria acquires the local subsidiaries of…
E-Distribuție Muntenia launched a tender for design and execution of the Filaret power station
The 110/20/10kV Filaret transformation station will be upgraded by the distribution company E-Distribuție Muntenia, part of the Italian group Enel,…
E.ON: Issue of corporate bonds worth 600 mln. euro
E.ON has launched a bond offering with a total value of 600 million euro, maturing in December 2028. The income…
Transelectrica: Power outage in sector 2 of the Capital, after an incident at Fundeni station
The power supply was interrupted in sector 2 of the Capital, on Tuesday morning, following an incident at the Fundeni…
Electrica has completed the merger of its distribution companies into Distribuție Energie Electrică România SA
Electricity has completed the first stage of the merger by absorption of the three electricity distribution companies within the group,…
CEZ Vânzare extends to three months the period in which customers can choose a competitive offer at better prices
In the context of liberalization of the electricity market, CEZ Vânzare became the first among the large suppliers to offer…
Regulated electricity prices disappear as of January 1st; one more month for choosing the supplier
As early as 2013, household consumers have been entitled to choose their electricity supplier. The maintenance of regulated prices and…
Competition’s decision to cap Hidroelectrica prices will only influence the balancing market – traders
Bogdan Tudorache Following investigations by the Competition Council, Hidroelectrica “pledges to offer for sale on the day ahead market (PZU/DAM)…
Schneider Electric – Electricity Distribution Solutions for the First National Children’s Hospital for Serious Illness
Schneider Electric implements a smart, scalable, digital electricity distribution solution, together with its partner IMSAT Groupe SNEF at the First…
Corina Popescu, Electrica SA: Whoever adapts faster will win
The Electrica Group’s strategy was to ensure a balance between creating long-term value and maximizing profit for investors. These priorities…
Following the market demands, ANRE approved the postponement of the settlement to 15 minutes
Bogdan Tudorache Many players of the energy market have stated that the settlement of transactions on OPCOM in 15 minutes…
Cristian Bosoanca, reconfirmed as chairman of the Board of Directors of Electrica
Bogdan Tudorache Cristian Bosoanca has been re-elected chairman of the Board of Directors of Electrica since January 1, 2021, it…
Vestas signs agreement with Enel X to accelerate the electrification of its corporate fleet
Vestas Wind Systems, a world leader in sustainable energy solutions, signed a partnership with Enel X, the Enel Group’s advanced…
The price of electricity increased by 16% in November on DAM
Bogdan Tudorache The price of electricity increased by over 16% in November 2020, compared to November 2019, on the day…
ANRE wants to increase by 2% the profitability rate of energy and gas distributors and transporters that attract EU money
The National Energy Regulatory Authority proposes to provide an incentive of 2% over the regulated rate of return for electricity…