Electrica’s profit up 11% due to the distribution segment
In 2023, at the level of the Electrica Group, profit before taxation EBITDA recorded an increase of 27.1%, respectively 369.8…
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Electricity
EU approved the extension and change of the support scheme for high-efficiency cogeneration
The European Commission approved, on Wednesday, the extension and modification of the Romanian state aid scheme to promote the production…
Schneider Electric: EcoStruxure IT has now model based, automated sustainability metric reporting
Schneider Electric, leader in digital transformation of energy management and automation, today announced the introduction of new model based, automated…
PPC: Rețele Electrice Dobrogea, new investments of 11 mln. lei in modernizing the grid
Rețele Electrice Dobrogea (part of PPC group, previously called E-Distribuție Dobrogea) has completed a project worth approximately 11 million lei,…
Hidroelectrica restarts hydro unit 5 at Portile de Fier I
Hidroelectrica has completed the part of preparation and tests for hydro unit number 5 from the Portile de Fier I…
Green fuels for Romanian industry decarbonization: who would actually benefit?
Green hydrogen produced from renewable energy, as well as green fuels in general, are expected to play an increasing role…
Schneider Electric announces innovative tax credit transfer agreement with ENGIE
Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that it has committed to…
Transelectrica completes the OPL of 400 kV Portile de Fier – Anina – Reșita, investment worth 150 mln. lei
The most challenging project to build a 400 kV overhead power line (OPL) – Portile de Fier – (Anina) –…
Burduja: Gov’t collected over 45 bln. lei from energy companies; 25 bln. lei were reimbursed
The energy system contributed much more than it received in the context of the energy crisis and as a result…
Stassis: We estimate a 10% increase in energy demand in Romania by 2030
Energy demand will increase in Romania by 10% by 2030 and the same will happen, for the most part, throughout…
Niculescu: We will start discussions with the distribution operators regarding the 5th regulatory period
The National Regulatory Authority in the field of Energy will start, from next week, discussions with energy distribution operators regarding…
G. Vişan: After 2030, we will far exceed the target of 42-45% renewable energy in consumption
Extended renewable energy is all the hydro energy that is produced in Romania, which we pretend we don’t see, all…
Hidroelectrica launches new tender to rehabilitate Vidraru hydroelectric plant
Hidroelectrica has resumed the tender for the refurbishment of the Vidraru hydropower plant through the electronic public procurement system (SEAP).…
Bulgarian MPs voted Hyundai to further negotiations on Kozloduy U7 and 8
South Korea’s Hyundai Engineering & Construction opens new tab won backing from Bulgaria’s parliament on Friday to proceed with talks…
Chimcomplex invests in a new project to expand energy capacity
Chimcomplex announces the start of a project to expand energy capacities at the A6 Dej platform, through an extensive modernization…
Boloş: Romania’s first green bond issue was a real success
Romania’s first green bond issue was a real success, being marked by a series of records, such as the extraordinary…
Delgaz Grid: Over 1,500 cases of fraudulent consumption in 2023, 40% above the previous level
The energy inspection, a specialized structure within Delgaz Grid, identified last year a number of 1,509 cases of fraudulent consumption,…
PPC: Distribution companies Rețele Electrice – auction of 53 mln. lei for medium voltage cells
Companies Rețele Electrice Muntenia, Rețele Electrice Banat and Rețele Electrice Dobrogea (part of the PPC group in Romania, previously named…
Kozlodui nuclear power plant switches from Russian to Swedish fuel “without problems”
Amidst concerns surrounding energy security and the transition away from Russian nuclear fuel, the executive director of Bulgaria’s Kozloduy Nuclear…
Industry asks EU to cut energy costs and the “Green Deal” burden, in order to compete with China and US
The heads of large industrial companies want the European Union to lower energy costs and reduce the burden of regulations…
EU: Council and Parliament reach provisional agreement aimed at strengthening the role of consumers in the green transition
The Council and the Parliament reached a provisional political agreement on the directive to strengthen the role of consumers in…
Transelectrica injects 57 mln. euro in the Mostiștea transformer station, with European funding
The National Electric Energy Transport Company Transelectrica SA signed, at the headquarters of the Ministry of Energy, the tenth financing…
Ciga Energy Epic and RomCapital Invest to provide consultancy for a 295 MW natural gas power plant in Craiova
Ciga Energy Epic, a member of the RCI Holding of companies, signed a contract with Electrocentrale Craiova S.A to provide…