VICTA: 1,630 public projects invest 24.41 billion lei in photovoltaic panels
Public authorities in Romania have launched 1,630 photovoltaic panel investment projects in the last year. Data analyzed by VICTA.ro, the…
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PVs, cogeneration and IoT at RoEnergy Timisoara, September 25-26-27
Now in its 14th year of events, de facto the best known and largest event in Romania in this field,…
Transgaz announces a 2.5 bigger profit for H1
SNTGN Transgaz posted a 249% bigger net profit after the first half of this year (H1), compared to the…
AEI: The natural gas price will increase, from April 2025 will also be felt in bills
Stock market developments show trends of gas price increases, which will translate into price increases for the final consumer, says…
Rompetrol Rafinare reports a declining net result in the first half of 2024
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), recorded, in the first half of 2024, a gross…
Rețele Electrice auctions works worth 45.8 mln. lei for Geoagiu area
Rețele Electrice Banat will modernize the electricity distribution infrastructure in the city of Geoagiu and nine other adjacent localities in…
Carbon Expert: Carbon certificate price increases to almost 73 euro, in line with the TTF index
The Carbon Emissions Certificate (EUA) closely tracked the natural gas prices on the TTF (Title Transfer Facility) market on Thursday,…
Romgaz uses an NS EDGE solution for a new standard in cyber security
Romgaz hosted an important “NS EDGE Cybersecurity Showcase” event on Tuesday, thus marking a considerable advance in strengthening the security…
Ministry of Energy creates a new cyber security department dedicated to the energy sector
The Ministry of Energy will have a new cyber security department under its authority, announced the Minister of Energy, Sebastian…
EC approves state aid of almost 100 mln. euro for the new zero emissions Nokian factory in Romania
The European Commission announced on Tuesday that it approved, under the EU rules on state aid, an aid measure worth…
PPC: Rețele Electrice companies invest 19 mln. lei in the medium voltage network
Rețele Electrice companies are organizing a tender through the public platform SEAP for the acquisition of medium voltage three-phase reclosers,…
DAM: Electricity price increases 50% in July compared to June and 48% compared to July 2023
The average closing price of the day-ahead market (DAM, PZU) increased in July by about 50%, expressed in euro, compared…
Oil Terminal posts a net profit of 36 mln. lei, up 42% in H1
Oil Terminal recorded a net profit of 36.2 million lei in the first half of 2024 (H1), 42% higher than…
Simtel plans to invest in production capacities of 500 MWp on medium term
Simtel Team wants to invest in energy production capacities of 500 MWp in the next 5 years and in storage…
OPEC revises its 2024 oil demand forecasts
The Organization of the Petroleum Exporting Countries (OPEC) revised its forecast for global oil demand growth in 2024, citing weaker-than-expected…
Surge in fuel excise duties and energy, among the factors inflaming inflation in July
The increase in excise duties on fuels, energy, restaurants, water and sewerage accelerated the increase in inflation in July of…
Romania needs PPA, as soon as possible (by Vitaliy Daviy, CISOLAR)
Vitaliy Daviy CEO of IB Centre, Co-chair of CISOLAR 2024 Bucharest The co-founder and first President of the Renewable Energy…
Fruit and electricity harvested from the same field
Adrian Mihai, agricultura.video Ofrim, a company specializing in electrical and electronic data acquisition and measurement systems, has increasingly turned to…
WindEurope: Number of wind turbine orders grows 25% in Q2, Romania ordered 30 turbines
The number of wind turbine orders grew to a total of 4.9 GW across 13 countries, of which 660 MW…
MOL Group posted a 19% increase in profit in S1, to USD 916 mln.
The MOL Group recorded, in the first half of this year (S1), a pre-tax profit of 916 million dollars, up…
Germany reduces funding rates for energy counselling as demand reaches new heights
The number of applications for state support to pay for counselling on how to improve energy efficiency in residential buildings…
Burduja: Romania continues to have some of the lowest prices for electricity and natural gas in the EU
In the first quarter of 2024, Romania had the fourth lowest price for natural gas in the European Union and…
Transelectrica launches a pilot application for forecasting electricity produced by prosumers
Transelectrica developed in collaboration with Teletrans, its IT and telecommunications subsidiary, a pilot application for forecasting electricity produced by prosumers,…