Elcen and Marubeni build a 150 million euros gas-fired plant
Electrocentrale Bucharest (ELCEN), the largest producer of thermal power in the country, with annual turnover of 380 million euros, said…
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Electricity
Transelectrica, more than 5 billion lei in investments for grid expansion
ANRE approved Transelectrica’s 10-year plan for development of the electricity transmission network (RET). This plan is drawn up every two…
Romania consumed last year 76% more renewable energy
Romania’s renewable energy consumption was 1.1 million tons of oil equivalent (toe) in 2013, 75.5% higher than the one from…
1.5% hike in power transmission tariff for Transelectrica, since July 1st
The Romanian energy regulator, ANRE, has approved a 1.5% increase in the average price for electricity transmission to 22.50 lei…
RWE opened an energy supply subsidiary in Romania
The German RWE Group with operations on the electricity and gas market is expanding its electricity retail business to the…
Electrica collected almost 445 million euros in IPO
Electrica obtained 1.95 billion lei (444,31 million euros) in its IPO consisting of an offer of shares on the Bucharest…
Christoph Frei, CME: Europe must come to terms with Russia
Europe and Russia should cooperate in the energy field because one without the other will be weaker in this market,…
Norges Bank could invest more in Romanian energy shares
Norway’s private investment fund manager, the largest sovereign wealth fund in the world, with 890 billion worth of assets, will…
Electrica IPO, oversubscribed two days before closing
Electrica SA’s share sale is drawing “high interest” from local and international investors who are flocking to Romania’s biggest initial…
Jonas Puck (WU Executive Academy): There is expansion across all types of energy
Framing energy as a lever for positive growth and change within the business and not simply a cost is a…
Electric Hogs Roll Across U.S. as Harley Tests No-Exhaust Demand
Harley-Davidson Inc. (HOG) is considering a green hog. It wants to know what you think about that. The motorcycle maker,…
Siemens can “dream” of Alstom asset swap – CEO Kron cited by Exane
Alstom CEO Patrick Kron told an investor conference that Germany”s Siemens could “dream” of swapping assets with the French engineering…
EU energy integration demands more effort; even more urgent for Romania
Energy integration in EU is still far away. Barriers like the lack of liquid wholesale markets in the member states,…