ELCEN follows RADET into insolvency, KPMG will be special administrator
Bucharest Court admitted the request of Electrocentrale Bucharest SA (ELCEN) to entry into insolvency and KPMG will be special administrator.…
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The strategy will not change the energy mix, but does not rule out an increase in consumption of 2%
The energy strategy provides in one of the scenarios a growth in consumption of up to 1.5-2% annually, says Corina…
People pay half the heating bill, the Bucharest City Hall even less, Romgaz cut gas supplies to ELCEN
Heating supply could be interrupted in the Capital on Tuesday, if Romgaz will no longer provide natural gas to Electrocentrale…
Renewables: Four producers already insolvent, 30% in jeopardy since 2017
Waiting for the new law on renewables, 30% of green energy producers re at risk to become insolvent due to…
Ariston Thermo enters North American market by acquiring NTI
Ariston Thermo Group, one of the worldwide companies in heating and water heating, acquired a majority stake in NY Thermal…
Insolvency for RADET and ELCEN – a chance for restructuring the heating system in Bucharest
“We support any form of legal protection as long as the company is rebuilding on sound principles and does not…
România – Black market for green certificates
Investors in renewables anxiously expect the legislative changes proposed by the Government and by the market regulatory body ANRE to…
European Commission must approve RADET subsidies
The Bucharest City Hall must ask for the European Commission’s approval for the subsidies they grant to RADET, but this…
2016 Energy Strategy Summit – executive summary
New technologies and new market realities force the global energy industry into redesigning its business models, in all significant areas.…
Solar, wind and hydro, an over 10% increase in the first seven months
The consumption increased with over nine percent, and the energy-queens were the solar (almost 15% increase), wind and hydro, which…
Klaus Lieders did not stand a month at CE Oltenia: “There is a classic conflict of interest”
The general manager of Oltenia Energy Complex (CEO), Klaus Leiders, has resigned, just two weeks after taking office. According to…
