Bogdan Badea: Hidroelectrica’s IPO of could take place in September 2020
Bogdan Badea, President of the Hidroelectrica Board of Directors, believes that the initial public offering (IPO) of the company at…
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Electricity
Carlo Pignoloni becomes the new country manager for Enel in Romania
Enel announces that, as of today, Carlo Pignoloni, who up until now was head of Enel Green Power’s operations in…
Frank Hajdinjak leaves the helm of E.ON Romania, bring replaced by Manfred Paasch from October
The general director of E.ON Romania, Frank Hajdinjak, will leave Romania starting October 1st, sources in the market told energynomics.ro.…
Trump and Iohannis review Black Sea gas, nuclear energy stressed as of major importance for US
US Administration issued a joint statement of the president of the United States, Donald Trump and president of Romania, Klaus…
Romania recorded the highest energy spot price in the region on Wednesday
The average price of electricity on the spot stock market, with delivery on Wednesday, on the Romanian market was of…
Hidroelectrica: The net profit decreases by 8%, due to additional taxation
The turnover of Hidroelectrica increased, in the first semester (S1) 2019, by 17.9% compared to S1 2018, up to 2,349.3…
CEZ Vânzare has launched the national offer of 100% renewable energy CEZ Verde
CEZ Vânzare, the largest energy supplier in the south-west of Romania, recently launched a national 100% renewable energy offer, intended…
Rosatom submitted a tender for the construction of the Belene Nuclear Power Plant
Russian state company Rosatom announced that it has submitted a bid to become a strategic investor in the project aimed…
Transelectrica: Investments of 86 million lei in S1, 27% higher than in 2018, growing profit
Transelectrica obtained in the 1st semester (S1) of the year 2019 a gross profit of 35 million lei, whilst the…
ANRE: Electricity imports increased by 38% in the first five months, while production decreased
Romania imported 38% more electricity in the first five months of this year, compared to the same period of last…
Transelectrica’s net profit decreased by 69% in H1
The national electricity carrier, Transelectrica, achieved a net profit of 30 million lei in the first half of the year…
OPCOM: The average energy price was of 55 euro last year
Bogdan Tudorache The average price of electricity traded on the OPCOM platform was about 265 lei/ MWh (55 euros) between…
Winter program: Gas reserves increase by 10%, hydro reserves by 25%, electricity consumption by 2.2%
The Government of Romania approved on Monday the Winter Program in the energy field, which aims to increase electricity consumption…
Hidroelectrica paid to the Romanian state over 500 mln. euro on the used water in the last seven years
In the past seven years, Hidroelectrica has paid taxes on milled water worth about half a billion euro (2.3 billion…
CEZ can start selling assets in Romania after obtaining 335 million euro in Bulgaria
CEZ, a company owned by 70% of the Czech state, could give priority to the sale of its assets in…
General Electric, interested in the construction of the Belene NPP
US turbine manufacturer General Electric has applied to participate in the construction of the Belene Nuclear Power Plant, Bulgarian Energy…
Hidroelectrica initiated the procedures for the acquisition of assets of Enel, CEZ and UCM Resita
Hidroelectrica started the procedures for the potential acquisitions of assets of CEZ and Enel from Romania, said the general manager…
Dăncilă: The government has adopted the winter program in the energy field
The government adopted, during the meeting on Monday, the winter program in the energy field, which establishes the level of…
Total investments in the electricity sector for the period 2019-2030, estimated at about 14 bln. euros
The total investments required in the electricity sector for the period 2019-2030 is of about 14 billion euros, for the…
INS: The electricity consumption of the population increased by 18.5%, in H1
The final consumption of electricity registered in Romania, in the first half (H1) of the year, decreased by 0.4% compared…
The energy demand will double in the next 20 years
Global energy demand will almost double over the next 20 years, in the absence of efficient consumption projects, according to…
IHA appoints Eddie Rich as new CEO
The International Hydropower Association (IHA) has appointed Eddie Rich as its new Chief Executive Officer, following a global recruitment search…
About 4 million electric cars from over 300 models will be available in Europe in 2025
Electric vehicles in Europe will increase dramatically in the coming years. 214 electric vehicle models will be available in the…