Chirițoiu: Capping energy prices should be done at a level as high as possible and without compensation from the budget
The Competition Council recommended to the Government that a possible capping of energy prices be at the highest level, without…
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Electricity
Fitch downgraded Electrica’s rating to BBB minus, with a negative outlook
Fitch Ratings downgraded from BBB to BBB minus Electrica’s long-term rating and maintained a negative outlook, according to a statement…
CNCAN: Ukraine’s nuclear power plants are safe
Ukraine’s nuclear power plants are safe and do not exceed radiation levels, according to a statement from the National Commission…
Romania has an electricity production capacity of 18,545 MW
Romania has a total electricity production capacity of 18,545 MW, most of which are hydro and coal-fired power plants, according…
Romania’s electricity consumption rose by 6.2% in January
The country’s final electricity consumption increased in the first month of this year by 6.2% compared to the same period…
Ukraine: All nuclear power plants are operating stably; almost a million people without electricity
All nuclear power plants in Ukraine are operating stably, but staff at the Zaporozhye plant, captured by Russian forces, are…
PwC: Cutting VAT to 5% would lead to a invoice decrease of about 12%
The accelerating rise in energy prices in recent months and the impact of the war in Ukraine require EU member…
Germany will remove renewables subsidy from the bills
Amid rising global energy prices, consumers and companies in Germany will soon no longer have to pay a special surcharge…
Romania plans 710 MW in new generation capacity this year
Prime Minister Nicolae Ciucă met with representatives of Romelectro, Hidroconstruct, Hidroelectrica, CE Oltenia and CE Hunedoara to identify solutions for…
EU drafts plan to ditch Russian gas
Europe needs to build up its renewable energy capacity and diversify its gas supply to end its dependency on Russian…
EC allows the regulation of energy and gas prices
The European Commission confirms that, in this exceptional situation, Member States can regulate retail prices for electricity and gas for…
The budget for ElectricUp ups to 600 million lei for 1,825 beneficiaries
The Ministry of Energy has published an additional list of 183 beneficiaries accepted in the ElectricUp program. They add to…
Energy and natural gas prices exceed all expectations, both in Romania and in Europe
The price of natural gas reached a new all-time high on the European market on Monday morning, after the US…
RockTech Lithium will invest 400 mln. euro in a battery parts factory in Romania
Romania will enter the map of major battery component manufacturers after signing a memorandum with a company that will build…
T. Chirica: A nuclear tragedy like the one at Chernobyl is no longer possible
A nuclear tragedy of the magnitude of Chernobyl cannot be possible anymore, as the current power plants are protected by…
Dragoș Bărbulescu joins the CEZ Romania team
Starting with March 2022, Dragoș Bărbulescu holds the position of CFO and Member of the Management Board within CEZ Romania.…
IAEA announces that the “essential” equipment of the Zaporozhye plant is not affected
Essential equipment at Ukraine’s Zaporozhye nuclear power plant is not affected by Russian bombings, and radiation levels remain unchanged, the…
MIPE announces that German giant Varta is interested in a 1 billion euro investment in Romania
Roxana Mînzatu, Secretary of State in the Ministry of European Investment and Projects, announced in a Facebook post that the…
New protection measures for consumers risk to bring about a string of insolvencies in the power supply market
More than a week ago, prime minister Nicolae Ciucă announced the Government was close to finishing measures for protecting the…
E.ON Energie Romania launches service packages with insurance
E.ON Energie România has launched on the Romanian energy market a series of natural gas and electricity products that come…
Renewable producers call on the Romanian authorities to waive income over taxation and green certificates suspension
The Romanian Association for Wind Energy (RWEA), the Employers’ Organization of Renewable Energy Producers in Romania (PATRES) and the Association…
Extra-tax prepared for power and gas traders (e-nergia.ro)
The government is preparing a special tax for electricity and gas traders, according to a draft Emergency Ordinance on the…
The EU analyzes an emergency synchronization of the energy system in Ukraine and the Republic of Moldova with the European one
The Minister of Energy, Virgil Popescu, announced in a press release that the EU member states are analyzing the technical…