Over 345 million lei for energy projects – contracts signed in POIM
The Ministry of European Investments and Projects (MIPE) signed, in January 2022, 6 financing contracts worth over 345 million lei,…
ACUE sends a harsh alarm signal to the Government, suppliers are also afraid of overtaxation
The Federation of Associations of Energy Utility Companies (ACUE) warns that significant deterioration in the financial position of energy suppliers…
AEI: Romania should exploit shale gas, we need a strategy and correct information of citizens
The price of gas has risen, making shale gas exploitation profitable, and Romania has a huge chance to increase its…
Eurostat: Fossil fuels have continued their downward trend in the 2020 mix
Although oil (34.5%) and natural gas (23.7%) were still the most important energy source in the EU’s energy mix in…
Enel recalculates the compensated invoices; consumers could receive back less than 10 lei, on average
Enel recalculates the already compensated invoices, so as to reflect the last normative acts approved at the end of last…
Competition authorizes the takeover of Ecoenergia by Premier Energy
The Competition Council authorized the transaction by which Premier Energy PLC, Cyprus, takes over the wind energy producer Ecoenergia SRL,…
New scheme for offsetting and capping electricity and gas bills came into force
The new scheme designed by the Government to offset and cap electricity and gas bills by March 31, for both…
IEA: Gas demand in Europe is set to fall this year
Gas demand in Europe is set to fall this year as high prices make coal more competitive for energy production,…
ICGB will auction the free capacity of the IGB pipeline via the PRISMA platform
The project company ICGB, responsible for the implementation of the interconnector Greece-Bulgaria signed a contract with PRISMA European Capacity Platform…
OPCOM: The price of energy was four times higher than in the previous year in December
The price of electricity on the spot market of the OPCOM exchange (Day Ahead Market – DAM) averaged to 1,139…
ANPC requires energy suppliers to present the clearer information to consumers
Energy consumers must understand what a reference consumption means, and in this sense suppliers should transmit information, through the first…
Gazprom: Gas volume in European deposits fell by almost 27% as compared to 2021
Less than a fifth of the volume of gas pumped in the summer season is now filling the European underground…
AFEER: New law pushes suppliers to new losses, insolvency and bankruptcy
Energy suppliers will suffer losses from the preparation of invoices, as the price set by the new capping ordinance is…
Bulgaria: 78 mln. euro EU grant to expand gas storage facility
A project to expand the underground gas storage facility in Chiren, northwestern Bulgaria, will be funded with a 78 million…
Moise, Patres: Suppliers are forced to bear losses, investors lose appetite for Romania
The new cap law means new losses for suppliers, writes Vice President of Patres, Martin Moise, on a social media…
CE Oltenia asks 800 million euros from the Modernization Fund for two new gas-fired power plants
Oltenia Energy Complex has submitted applications for funding from the Modernization Fund budget for the two natural gas power plants…
EU: Divided on the classification of nuclear and gas projects as green investments
The European Commission (EC) proposes to classify nuclear and gas projects as green investments, under certain conditions, according to an…
Barrel gets closer to USD 90, following escalating tensions between Ukraine and Russia
Crude oil prices rose to $90 a barrel on Wednesday, near the highest level in seven years, following escalating tensions…
EC approved Romania’s plan – green light to investment for restructuring CE Oltenia
The European Commission has approved Romania’s plans to provide Complexul Energetic Oltenia SA with restructuring aid worth up to 2.66…
Chisăliță: Energy prices will increase by 100-120% from April, if no action is taken
Energy prices may increase by 100-120% in April, compared to last year, if no measures are taken, said Dumitru Chisaliita,…
Grid connection demand increased by 31% for energy and 170% for gas in H1-2021
Customers’ connection requests in Romania increased by 31% in electricity and by 170% in the case of natural gas in…
G. Niculescu: Energy prices could fall due to positive temperatures
Energy prices may fall in the near future because Romania has had a mild winter with good temperatures, which is…
Chirițoiu: We must not return to subsidizing all consumers
The support measures should be aimed only at vulnerable consumers and we should not return to that “stupid system when…