Adrian Borotea, CEZ: The investments in power distribution network will continue
CEZ Romania will continue to invest annually between 40 and 50 million euros in power distribution networks, but the Romanian…
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Electricity
Energy and gas bills without the tax on special constructions in 2014
The 1.5% fee on special constructions introduced from January 1st will not be put by distributors of gas and power…
Hidroelectrica is back in insolvency
Hidroelectrica reenters insolvency after several energy traders have won their appeals in the Bucharest Court of Appeal. The energy traders…
GfK: CEZ, the most rapid operators, GdF Suez, appreciated for the quality of the response
###author### CEZ call center operators are most rapid in answering customers, GdF Suez occupies the first place in the quality…
US backs nuclear reactors for the first time in more than 30 years
U.S. Energy Secretary Ernest Moniz announced last week that the Obama administration would extend a 6.5 billion dollars federal loan…
Lungu, AFEER: The OTC launched on March 3, closer to western standards
###author### The centralized market with dual continuous negotiation PC OTC (over- the- counter) will become operational on March 3, 2014,…
Oltenia Energy Complex could invest 2.5 billion lei for a 50% increase in coal production
Oltenia Energy Complex might invest 2.5 billion lei (about 550 million euros) over the next 15 years for the commissioning…
Tesla to raise money for car cell factory
Elon Musk, chief executive of Tesla Motors, indicated that he is planning to use the electric car company’s soaring share…
EBRD finances GIR by 5 mln. euro, confirms 20% buy in TEL bonds
###author### European Bank for Reconstruction and Development (EBRD) confirms it bought 20% of the first bond issuance of Transelectrica (TEL),…
Burdensome energy taxes cut Alro profit for 2013
###author### The ”overcompensation” scheme in the renewable energy segment and the burdening tax, combined with an ever-decreasing aluminium price determined…
Transgaz and Transelectrica profits increased last year
National gas transporter Transgaz recorded revenues of 1.55 billion lei (345.2 million euros) in the previous financial year, higher by…
Green energy law published in O.G. in maximum 10 days, the 85% cut – incorrect
###author### The renewable energy draft law suffered only a minor technical amendment and will be published in the Official Gazette…
Sobolewski, Anghel and a ”task force” radically change the stock exchange before the IPOs
###author### After the roadshow in New York , where President Stock Exchange (BSE ), Lucian Anghel, the CEO Ludwik Sobolewski…
PV Modules Were a 30.5 Billion Dollars Market in 2013 (GTM Research study)
After a 20 billion dollars contraction in 2012, global PV module revenues grew by 8 percent in 2013 reaching 30.5…
Arcellor Mittal: The biggest threats for 2014 are the costs of power and gas
Bruno Ribo, CEO of ArcelorMittal Galați, said in an interview for economica.net that in 2014, the greatest threats to the…