Transelectrica proposes a dividend 5.5 times bigger for 2013
The management of Transelectrica (TEL) proposes to its shareholders the distribution of a gross dividend of 2.228 lei for 2013,…
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Trading & Distribution
What big power producers sold their energy on the power exchange this week
The most recent important sale on the Centralized Market for Bilateral Contracts (CMBC), one of the two significant trading platforms…
Two power trading companies lost their appeal against Hidroelectrica
Bucharest Appeal Court dismissed irrevocably the appeals of EFT AG and EFT Romania which they had made against Hidroelectrica measure…
PDL lay down in Parliament a simple motion on energy
Chamber of Deputies debate s Monday at 16:00 the simple motion on energy initiated by PDL (Liberal-Democratic Party), which will…
The unions, still unhappy after the bill on downsizing of green certificates was signed into law
President Băsescu signed into law the bill that approves the Executive Ordinance to reduce the number of green certificates granted…
Public debate for the Romanian national energy strategy
The new Minister for Energy, Razvan Nicolescu, launched a public debate on the development of the national energy strategy of…
Enel Romania EBITDA profit reached EUR 289 mln. in 2013, and will keep rising this year
Enel Romania, the largest distributor and supplier of power in Romania, with operations in Banat, Dobrogea and Muntenia, including around…
The Department for Energy supports the full reintegration of energy dispatch in Transelectrica and Transgaz
The Department of Energy wants the total reintegration of power and natural gas dispatches in Transelectrica and Transgaz, but will…
Energy costs drives the industry into the streets to protest in Bucharest and Slatina
The trade unions in the industry are protesting on Wednesday in front of the Constitutional Court (CCR) and on Thursday…
Opcom energy exchange might sue ANRE for the fine received for abuse of dominant position
European Commission’s decision to fine the power and gas exchange OPCOM is unfair, since the activity of the energy market…
CE Oltenia did not succeed selling energy of 20 mln. euro on exchange due to lack of demand
###author### The coal and electricity poroducer Complexul Energetic Oltenia (CEO) on Wednesday failed to sell energy of 90.67 million lei…
EC: OPCOM and Transelectrica fined by 1 mln. euro for discriminating the energy traders
###author### The European Commission (EC) has fined energy exchange OPCOM and Transelectrica by 1 million euros for abusing of dominant…
Laurențiu Ciurel, CE Oltenia: In January our power production hit the highest level in the last 16 months
Laurențiu Ciurel, the General Manager of Oltenia Energy Complex (CE Oltenia), said in an interview for Agerpres that January and…
CIR demands the natural gas ”basket” removal for the eligible consumers
###author### More than 96% of the gas import quota is ensured by industrial consumers, a fact that led to a…
The court battles that put Hidroelectrica back into insolvency
Hidroelectrica is back in insolvency after the Appeal Court upheld the appeal by Alpiq RomEnergie, Alpiq RomIndustries, Energy Holding AG…
GdF Suez took a 15 billion euro write-down last year
GdF Suez recorded write-downs worth 14.9 billion euros (20.4 billion dollars) last year,writes the Wall Street Journal. The publication notes…
Increased revenues for CEZ Romania, but its earnings fell by 20%
CEZ Romania revenues rose last year by 6% to 427.3 million euros, while its operating profit decreased by 20%, Mediafax…
Traian Băsescu sends to Constitutional Court the law on modifying the green certificates system
President Traian Băsescu asked on Wednesday the Constitutional Court of Romania (CCR) on the unconstitutionality of the law approving the…