Electricity
Romania became a net exporter of power, as domestic demand dropped
Romania’s electricity consumption decreased in the first five months of 2017 by 1,9%, over the same period in 2016, at…
Enel and Seedstars launch contest for access to power in Africa
Enel’s renewable energies division Enel Green Power has signed an agreement with Seedstars World to find the most innovative startups…
Commission’s new proposals focus on renewables and connected energy markets
A successful energy transition is key for the success of climate action at European level, while reducing CO2 emissions is linked…
Hidroelectrica – Outstanding profits by investing in quality energy
2016 is the fourth consecutive year when Hidroelectrica is recording a remarkable profit, this time with a gross profit of…
Veolia has leeway for multi-billion euro acquisition, CEO says
French utility Veolia has the financial firepower to make a multi-billion euro acquisition, its chief executive said. The firm’s biggest domestic…
Tesla promises to build the largest battery system in the world within 100 days
Tesla has agreed to build the world’s largest lithium-ion battery storage project in South Australia, billionaire founder Elon Musk said…
Volvo announces the historic end to classic internal combustion starting with 2019
All new cars launched by Volvo from 2019 onwards will be partially or completely battery-powered, in what the company called…
Fitch assigns for the first time a rating to Transelectrica, assumes state will prioritise investments over dividends
Fitch Ratings has assigned for the first time a rating to Romanian national power transport and system operator Transelectrica, told…
Bogdan Badea takes over the chairmanship of the Hidroelectrica Directorate
During the July 5th 2017 board meeting, the Supervisory Board of Hidroelectrica has appointed three new members to the Executive…
OMV Petrom resumes operations at the Brazi power station
OMV Petrom resumed operations at its Brazi power plant, but it will still operate at half of the capacity, respectively…
Hidroelectrica has two new members in the Supervisory Board
The shareholders of the energy producer Hidroelectrica, one of the most profitable state-owned company, have appointed two new members to…
CEZ ended 2016 with losses worth about 50 mln. euro in Romania
CEZ has registered losses of 229 million lei last year in Romania, after a negative outcome of 410 million lei…
Zmelik, CEZ: We need new rules especially on the balancing market after the winter speculations
What happened at the beginning of the year on the electricity market, when prices climbed a few figures over the…
Power consumption surged on Saturday by 49% in Bucharest
The electricity consumption increased with 49% on Saturday in Bucharest, compared to the same day of the previous week, according…
Enel looks to Vietnam in Asian green energy drive
Italian utility Enel plans to expand its green energy capacity in the next few years by entering two or three markets in…