FP: Merger with CE Oltenia would only reduce the performance of Hidroelectrica
Bogdan Tudorache An eventual merger of the CE Oltenia with Hidroelectrica would affect the performance of the hydro energy producing…
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Cogeneration
Sorin Boza supports the joint statement made at the Warsaw Energy Summit
Bogdan Tudorache The statement of the Warsaw summit is “a great step forward for all coal-producing countries”, says CE Oltenia…
Virgil Popescu: Redemption of FP shares in CE Oltenia and Hidroelectrica would cost over 1 bln. euro
The possible merger between Hidroelectrica and the Oltenia Energy Complex (CEO), announced Monday by the authorities, was blamed by Virgil…
Firea: ELCEN is not the only entity providing thermal energy to the population
The general mayor of the Capital, Gabriela Firea, said that ELCEN is not the only entity able to provide thermal…
Government intends to promote a support scheme for the CE Oltenia
The Government intends to promote a support scheme for the CE Oltenia (CEO), whereby, for ten years, all Romanian consumers…
The Bucharest City Hall voted for the waste incinerator, a project with small chances of materialization
The General Council of Bucharest Municipality voted on Tuesday a decision approving the Master Plan for the integrated waste management…
CE Hunedoara shuts down Mintia power plant for 12 days, accuses poor railway infrastructure
The Mintia power plant will be closed for 12 days, between August 23 and September 3. The management of the…
ELCEN: PMB delayed with no reason the RADET takeover by Termoenergetica
The representatives of Sierra Quadrant, judicial administrator of ELCEN, say that the City Hall of the Capital is delaying the…
CE Oltenia: Gross profit up 438%
On July 30, 2019, the Oltenia Energy Complex registered a gross profit of 188.98 million lei (+438%) and a turnover…
Winter program: Gas reserves increase by 10%, hydro reserves by 25%, electricity consumption by 2.2%
The Government of Romania approved on Monday the Winter Program in the energy field, which aims to increase electricity consumption…
Agora Energiewende: Germany’s coal phase-out, very little impact on pricing
Germany’s coal phase-out and the continued rollout of renewables will only have “very little” impact on electricity prices, according to…
Thermo-energy leads in the ranking of Romania’s energy mix
The thermal power stations provided most of the electricity production in the first six months of the year, according to…
Sierra Quadrant: ANRE forces ELCEN to sell energy at a price lower than the cost
Bogdan Tudorache The National Energy Regulatory Authority forces ELCEN to sell thermal and electrical energy at a price lower than…
CE Oltenia held the SB meeting two days earlier; Boza denies accusations in the press
The fate of the current management of the CE Oltenia should have been decided on Wednesday, August 7, but the…
Elcen administrator is calling for a swift change of legislation to allow for advance subsidizing
Sierra Quadrant, legal administrator of Electrocentrale București, the largest producer of thermal energy which supplies thermal energy to Bucharest, asks…
German lignite plants loss sum up to 600 mln. Euro in H1
Germany’s fleet of lignite power stations has likely lost more than 600 million euros in the first half of 2019,…
Gas price and CO2 certificates drove heating companies to the limit of survival
The gas price has driven heating companies to the limit of survival, Doru Vișan, state secretary at the Ministry of…
Gheorghe Ştirbu – the new chairman of the Supervisory Board of the CE Oltenia; Marius Dumitrascu gave up his mandate
At the meeting of the Supervisory Board of the Oltenia Energy Complex dated 26.07.2019, Mr. Stirbu Gheorghe was elected as…
SAPE SA has ambitious projects – Constantin Văduva
SAPE has been involved in numerous energy projects since 2018, Constantin Văduva, Chairman of the Executive Board, Energy Participation Management…
CE Oltenia needs cash flow – sells real estate, hotels and other holdings – GSM
CE Oltenia will require the shareholders’ agreement at the August 12 meeting to sell the real estate or assets that…
Elena Popescu, Energy Minister.: Romania needs a balanced mix and major investments for the decarbonization of the energy sector
Romania cannot rely on a single source of energy to solve the problem of a stable energy mix and maintaining…
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…
CE Oltenia resumes the idea of privatization by listing about 15% of the shares
CE Oltenia resumes the idea of privatization by listing almost 15% of shares at the Stock Exchange, according to a…