Chiriţă, Energy Strategy Summit: Withdrawal of 10,000 MW, more storage for gas, a transparent gas market
ANRE has developed and will develop new regulations so that competition, transparency and non-discrimination will be considered in the field…
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Trading & Distribution
Electricity transmission and distribution tariffs will increase from July 1
Starting July 1, indistrial end-users of electricity will pay higher tariffs for electricity transmission and distribution, according to new regulations…
Iulian Iancu announces the Law 123 will be changed before the end of June
Energy distributors will be forced to connect free of charge the consumers within 2.5 km of the grid. The Committee…
Starace, Enel CEO: We have discovered the incredibly important role of electricity distribution operators in the energy transition
Energy is particularly important for the development of society, and the society we live in consumes energy in increasingly complex…
Electricity reaches over 200 lei per MWh
The price of electricity on the spot market of the OPCOM stock exchange returned on Monday to more than 200…
Delgaz Grid announces new investments in transformation stations
Delgaz Grid develops an investment of 3.5 million lei in the transformation stations Bularga – Iasi, Câmpulung Moldovenesc – Suceava…
Electrica approves the dividend of 0.73 lei, rejects the management salary increase and the proposed remuneration policy for the BoD
The Ordinary General Meeting of Shareholders (AGOA) of Electrica SA, that took place on April 25, 2019, approved, with the…
SDEE Transilvania Sud budgeted for 2019 investments of over 259 million lei
The Electricity Distribution Company Transilvania Sud, part of the Electrica Group, has budgeted for 2019 an investment program of over…
Distribution operators will install over 4 million smart meters in 10 years
ANRE has published the draft timetable for smart electricity metering systems (SMIs) at national level for the period 2019-2028. According…
Corina Popescu: It is important for the Romanian energy sector to be more proactive
One of the seven keynote speakers invited to open the 6th edition of Spring Cocktail, organized by energynomics.ro on March…
ACUE welcomes the modification of the rate of return on invested capital – a signal to increase the investments
The member companies of the Federation of Associations of Energy Utility Companies (ACUE) appreciate that the Government’s decision to increase…
Voluntary lay-off program at Transelectrica
Transelectrica has initiated a voluntary lay-off plan, providing compensation packages of up to ten salaries. About 49 employees decided to…
E.ON and Engie support the need for a new tariff liberalization schedule
The two major gas suppliers in Romania, E.ON and Engie, think that a sudden pass from a capped price to…
The price of energy on the spot market is to-day the lowest in the region
The price in the spot market in Romania with delivery on Tuesday has an average of 34.78 euro per MWh…
Spot electricity price decreases
The average day aheam market (DAM) closing power price on OPCOM exchange was about 230 lei/ MWh in February 2019,…
Corina Popescu: Electrica has not sent to customers any price increase notifications
Electrica did not send price alerts to industrial customers, and there were no renegotiations yet, say company officials. “In the…
ELCEN – net loss of 18 million Lei in 2018
Elcen recorded a net loss of 18.27 million lei in 2018, from a profit worth 35.9 million lei in the…
Electrica will present its new five-year strategic plan in July
Electrica has a few months to digest the impact on the costs of the latest regulations, and will give shareholders…
ANRE: Distributors will no longer pay the cogeneration contribution for the CPT
An ANRE draft order establishes that the four electricity distributors in Romania, Enel, CEZ, E.On and Electrica will be exempted…
Electrica announces consolidated profit up 34% in 2018, but legislative context will halve it in 2019
Although consolidated profits increased in 2018 by 34% in 2018, for 2019 Electrica estimates a 47% decline in consolidated profit.…
The average price of DAM remains relatively constant, at around EUR 48 per MWh
The average energy price on the Day Ahead Market (DAM) of the OPCOM Energy Exchange during the week February 18-24…
Electrica, net consolidated profit up by 34%
Electrica announced a net consolidated result of 230.4 million lei, up 34.3% as compared to 2017, according to unaudited preliminary…
E-Distribuţie Muntenia invested 24 mln. lei in two high voltage power lines in Bucharest
E-Distribuție Muntenia has invested 24.35 million lei in building two new underground high voltage power lines in Bucharest, in order…