Norway,Iceland and Liechtenstein donates to Romania 8 million euros for energy efficiency
Norway, Iceland and Liechtenstein donates to Romania 8 million euros to finance energy efficiency programs in order to reduce emissions…
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Electricity
Large Dams Cost Double Original Budget, Oxford Researchers Say
Large dams run 96 percent over budget on average, according to a University of Oxford study based on projects in…
Government presents IMF an unrealistic term for Hidroelectrica`s IPO
###author### The last scenario of the government’s 15% stake listing of Hidroelectrica is overly optimistic or unrealistic, as it presents…
FP`s SPO in London by the year-end, the Fund sells shares in Petrom and Conpet
###author### Fondul Proprietatea (FP) will have its SPO (secondary public offering) on the London Stock Exchange (LSE) by the end…
CE Oltenia did not succeed selling energy of 20 mln. euro on exchange due to lack of demand
###author### The coal and electricity poroducer Complexul Energetic Oltenia (CEO) on Wednesday failed to sell energy of 90.67 million lei…
Alro: Share of green certificates increased by 17%, leads to production and staff cuts
###author### Following the increase of green certificates quota by 17%, the aluminum producer Alro will develop a plan for the…
EC: OPCOM and Transelectrica fined by 1 mln. euro for discriminating the energy traders
###author### The European Commission (EC) has fined energy exchange OPCOM and Transelectrica by 1 million euros for abusing of dominant…
R. Nicolescu (Department for Energy): From Production towards Energy Efficiency
Romania must change the paradigm based on electricity production with one focused on energy efficiency and reduced consumption, said Răzvan…
Laurențiu Ciurel, CE Oltenia: In January our power production hit the highest level in the last 16 months
Laurențiu Ciurel, the General Manager of Oltenia Energy Complex (CE Oltenia), said in an interview for Agerpres that January and…
Ukraine demands int`l help for nuclear plants while Gazprom warns on changing gas price
###author### Ukraine’s parliament called for international monitors to help protect its nuclear power plants as tension mounted with Russia, Reuters…
CIR demands the natural gas ”basket” removal for the eligible consumers
###author### More than 96% of the gas import quota is ensured by industrial consumers, a fact that led to a…
Nuclearelectrica reported a profit of 417.37 mln. lei for 2013, under the estimated earnings
###author### Nuclearelectrica (SNN ), the sole operator of nuclear power plants in Romania, reported last year a preliminary profit of…
The creditors approved the plan to reorganize the Independent Operator of Nuclear Activities
The creditors of the Independent Operator of Nuclear Activities (RAAN has approved the plans for the reorganization of this strategic…
The court battles that put Hidroelectrica back into insolvency
Hidroelectrica is back in insolvency after the Appeal Court upheld the appeal by Alpiq RomEnergie, Alpiq RomIndustries, Energy Holding AG…
GdF Suez took a 15 billion euro write-down last year
GdF Suez recorded write-downs worth 14.9 billion euros (20.4 billion dollars) last year,writes the Wall Street Journal. The publication notes…
Increased revenues for CEZ Romania, but its earnings fell by 20%
CEZ Romania revenues rose last year by 6% to 427.3 million euros, while its operating profit decreased by 20%, Mediafax…
Four US states, possible sites for Tesla’s battery factory
Tesla Motors seeks a suitable location for the largest lithium-ion battery factory in the world, which it wants to build,…
The state wants to open the power & gas exchange for private stockholders by the end of the year
Trading platform for power and gas OPCOM will be privatized by the end of the year through sales of its…