Commonwealth LNG announces 20-Year HOA with MET Group
Commonwealth LNG has entered into a Heads of Agreement (HOA) with MET Group, an integrated European energy company headquartered in…
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Electricity
Greece to join the 3 Seas Initiative; Georgios Stassis (PPC) expected in Bucharest
Greece aims to bolster its geopolitical influence in the Balkans through energy, and power utility PPC’s takeover of Italian group…
AEI launches the project “Energy efficiency in people’s lives in the perspective of the 2050s”
The Intelligent Energy Association, as project promoter, announces the launch of the program “Energy efficiency in people’s lives in the…
Ministry of Energy and E-Distribution sign contracts worth 123 mln. lei for grid modernization
The Ministry of Energy and E-Distributie signed two non-refundable financing contracts through the Modernization Fund, totaling 122,799,965.59 lei (VAT included),…
New MoU signed by BRM with the Ukrainian Energy Exchange UEEX
The President of the Executive Committee of the Energy Exchange of Ukraine, Oleksii Dubovskyi, and the President of the Romanian…
E-Infra gets 47 mln. euro loan from Banca Transilvania for a PV park
Banca Transilvania financed the E-Infra group with 47 million euro for the construction of the Doicesti-Şotânga photovoltaic park, an investment…
Informbusiness starts assembling electric vehicles in the Republic of Moldova
In the presence of Energy Minister Victor Parlicov, the Informbusiness company presented today tests of the first electric bus assembled…
Greece’s revised NECP targets much less energy storage, more natural gas
The Energy ministry in Greece has shared an updated National Energy and Climate Plan with market officials for their input…
UK may draft a new law on energy poverty
Voices across the energy industry of UK are calling on the Government to establish a “social energy tariff”, offering vulnerable…
Hidroelectrica and Electromontaj commissioned the modernized and rehabilitated equipment of CHE Tismana Subteran
Hidroelectrica has received the commissioning of the installations related to hydroaggregate number 2 (HA2) of the Tismana Underground hydroelectric power…
Finland: Olkiluoto 2 nuclear reactor shut down due to technical problems
Electricity production at the Olkiluoto 2 nuclear reactor in Finland was temporarily suspended in the early hours of Friday, operator…
Hidroelectrica’s profit up 46% in H1, as revenue increases 42%
Hidroelectrica, the main electricity producer in Romania and one of the most profitable state-owned companies, reported in the first half…
Energy production surges, although electricity consumption falls sharply
The domestic production of primary energy increased by 3.7% in the first six months of the year, compared to the…
Ministry of Energy wants to expedite the EC Oltenia projects
Ministry of Energy announced that it will set up a working group for CE Oltenia, in order to identify solutions…
PPC’s growth strategy following the takeover of Enel Romania
One of the biggest transactions in the last decades – the acquisition of Enel Romania by Public Power Corporation (PPC)…
ABB Romania starts the transition to electric cars
ABB’s Electrification business in Romania has decided that all of the company’s new cars will be fully electric. ABB Electrification…
Greece disclosed the 7 winners of its first power storage auction
The Greek Regulatory Authority for Energy has confirmed that 411.8 MW of projects have been awarded in the country’s first…
Moldelectrica launched the tender for the extension of the 400 kV power station in Vulcanesti
Moldelectrica’s Vulcanesti power station is to be expanded by installing an additional 400 kV cell, Constantin Borosan, state secretary in…
The energy security of the Republic of Moldova depends on the Transnistrian file
Mihai Melintei, Energy Analytical Studies Recently, the energy issue and the concept of energy security have firmly established themselves in…
Bucharest Airports – 14 mln. lei in energy efficiency projects
Bucharest Airports National Company (CNAB) runs energy efficiency projects totaling over 14 million lei. According to the cited source, the…
Volker Raffel: There is no single recipe for all states, the use of green gas – part of the solution
Electricity distributors want to invest even more, but these investments are recouped through tariffs, “because no one has a money…
Reactor 1 at Cernavodă automatically disconnected from the NES, due to a breakdown
Nuclearelectrica SA announced, in an information sent to the Bucharest Stock Exchange and the Financial Supervisory Authority, that Unit 1…
Isărescu: The slowdown in energy prices, among the main factors that calmed inflation
The Governor of the National Bank of Romania (BNR), Mugur Isărescu, stated that it is very difficult to do what…