Breaking up energy businesses, ”too risky”- Starace
The fashion for breaking up utilities is the “wrong call”, according to Enel, Europe’s largest power company by market capitalisation,…
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Electricity
Czech Industry minister: CEZ split idea, a nonsense
The idea of splitting state-controlled Czech utility CEZ is nonsense and would present several problems, Industry Minister Tomas Huner was…
US government accuses Russia of hacking into energy infrastructure
The U.S. government has officially accused Russia of an already well-reported effort to gain access to the country’s power grid,…
For two days, Hidroelectrica generates almost half of Romania’s electricity needs
This morning, Hidroelectrica produced 45.6% of Romania’s electricity consumption after it reached the fourth level of production in history. on…
Romgaz: Investments of 1.6 billion lei in 2018 and diversification plans in CNG, renewable and petrochemicals
Romgaz estimates for this year an operating profit of 4.57 billion lei, down 8.1% from the preliminary value of the…
E.ON to cut 5,000 jobs as part of huge takeover deal
German utility E.ON on Monday said it plans to cut up to 5,000 jobs as part of its takeover of…
Government Decision for introduction of the Framework for Alternative Fuels
The Government of Romania has adopted by Decision, last week, the National Policy Framework for the development of the market…
CEZ in talks with Inercom over potential Bulgarian state participation in assets sale
Czech energy group CEZ said on Wednesday that options for the Bulgarian state to enter the deal for the sale…
China gives up regulatory body to create Energy ministry
China plans to create an Energy ministry to oversee the country’s vast oil, natural gas, coal and power sectors, part…
Three turbines for the Romgaz plant have left Constanta to Iernut
Three turbines and two generators, totaling 420 tons, left on Thursday from Constanta port to Iernut (Mureș). The 587 kilometers…
Electrica in 2017: 172 mil lei net profit, 736 mil lei investments
The total operating revenues of the Electrica Group in 2017 amounted to 5.77 billion lei, which is an increase of…
Renovatio introduces first subscription-based for e-cars charging service
Since March 19, the Renovatio E-charge, which presents itself as “the first public network of fast charging stations for electric…
US energy storage market has a new milestone: 1080 MWh in 2017
The U.S. energy storage market is no longer in its infancy. According to GTM Research and the Energy Storage Association’s…
Microsoft signs another renewable energy deal in Asia
Microsoft has entered into an agreement to purchase three megawatts (MW) of solar-powered electricity in India. The tech giant will…
