RWEA: Romania needs innovation and ambition; each generation should build their own projects
“We got used to only talk about the future, but the future has come upon us. When we talk about…
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Germany: 16 percent more wind power generated in the North Sea in first half of 2019 – TenneT
Wind energy carried from the North Sea by transmission grid operator (TSO) TenneT rose by 16 percent in the first…
Carasol: Romanian 400 kV ring is ready in a 64% ratio
Transelectrica has 28 major investment projects undergoing, focusing on 4 main areas, and Romania’s 400 kV ring is done in…
President Iohannis promulgated Law 120/2019 meant to facilitate Transelectrica’s investments
President of Romania, Klaus Iohannis, promulgated Law 120/2019 on some measures necessary for carrying out the works and implementing projects…
Chiriţă, Energy Strategy Summit: Withdrawal of 10,000 MW, more storage for gas, a transparent gas market
ANRE has developed and will develop new regulations so that competition, transparency and non-discrimination will be considered in the field…
Professor Cosea, appointed president of CS of Transelectrica; the Directorate does not get rid of the provisorate
Bogdan Tudorache Economics Professor Mircea Coşea was elected president of the Supervisory Board of Transelectrica, according to a press release…
A new step in closing the 400 kV ring: The 123 million lei line Porțile de Fier – Arad, closer to completion
The Government of Romania approved by decision the removal from the forest fund of the land necessary for the construction…
Electricity transmission and distribution tariffs will increase from July 1
Starting July 1, indistrial end-users of electricity will pay higher tariffs for electricity transmission and distribution, according to new regulations…
Marius Carasol, Transelectrica CEO: The continental energy system is and will be even more interconnected
The energy sector of Europe is currently in a deep changing process. The main drivers of this change come from…
Transelectrica has planned investments of 4.1 billion lei over the next 10 years
Transelectrica has a 10-year development plan that involves an investment volume of about 4.1 billion lei, said Bogdan Andronic, state…
Transelectrica to invest 285 million lei in 2019
The operator of the national electricity transmission network will submits to the shareholders on May 13 the investment budget for…
Transelectrica starts work on the 400 kV line Gutinas-Smardan
The Ministry of Energy announced the financing with European funding worth 31 million euro for the construction of the 400…
Transelectrica: The management of the SMART subsidiary was „adventurous”, causing losses
Transelectrica (TEL) shows in the document of economic and financial restructuring of the maintenance company SMART that the activity of…
Mircea Coşea and Adrian Mitroi, among the new provisional members of SB of Transelectrica
The Ordinary General Meeting of Shareholders of Transelectrica approved the new provisional mandates of the members of the Supervisory Board…
ACUE welcomes the modification of the rate of return on invested capital – a signal to increase the investments
The member companies of the Federation of Associations of Energy Utility Companies (ACUE) appreciate that the Government’s decision to increase…
Restructuring plan for Smart SA, plus 24 million lei, approved after a bit of protest,
The strategy of approving state-owned companies’ plans after “street pressure” does not cease to fail. Thus, following the mini-protest of…
Transelectrica proposes no dividends on 2018
The management of Transelectrica (TEL) proposed to the shareholders, for the General Assembly on 24 April, a distribution of the…
New changes in Transelectrica’s leadership. Among the proposed, Adrian Mitroi and Mircea Coşea
The Ministry of Economy extends the interim situation and changes four of the Transelectrica supervisors. In the new supervision board…
The Minister of Transport announces a new amendment to the procurement law
The Procurement Law will be amended, and one of the amendments will stipulate that a company that has not participated…
Tesla is raising prices after backtracking on store closures
Tesla will raise the price of its vehicles after going back on a recent decision to close most of its…
INS: Sales of non-food products and fuels contributed to 6.6% increase in retail business
Turnover for retail trade (excluding trade in motor vehicles and motorcycles) increased by 6.6% in gross series in January 2019…
Increase by over 66% of “green” car sales in Romania
Romanians bought 322 ecological cars (electric, hybrid and plug-in) in the first month of this year, up 66.8% over the…
Tesla to unveil Model Y on March 14
Tesla Inc will unveil its Model Y on March 14 at an event in LA Design Studio, Chief Executive Elon…