Effect of green quota fall to 11.1%: Market flooded with cheap certificates, energy price grows
###author### Even if the green certificates price (CV) drops, in the context of green energy quota drop to 11.1% due…
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Van Rompuy: EU will develop an action plan by June for reducing energy dependence
European Union (EU) will develop by June 1 an action plan to reduce energy dependence, especially to Russia, said the…
Hidroelectrica restructured before privatization, 80% of management changed
###author### Hidroelectrica`s insolvency manager wants to change 80% of management in the next two months , the first move being…
Transgaz proposes dividends worth 207 million lei, 17% below last year`s level
Transgaz Mediaş (TGN) proposes its shareholders dividends amounting to almost 207 million lei (46.2 million euro), 17% below those paid…
What big power producers sold their energy on the power exchange this week
The most recent important sale on the Centralized Market for Bilateral Contracts (CMBC), one of the two significant trading platforms…
Romanian – Azerbaijani bilateral meeting in the Romanian Parliament
###author### Romania’s Parliament hosted a summit between representatives of the Azerbaijani parliament and representatives of the Chamber of Deputies of…
Wind Association denounced N. Constantinescu, who refused licensing several parks
Marian Turbatu is the man who set in motion the National Anti-Corruption Direction (DNA) prosecutors in the corruption case against…
Electricom builds a 10 MW photovoltaic park in Tulcea
Company Electricom Bucharest equipment provider for companies in the energy sector has received from the Regulatory Authority for Energy (ANRE…
AmCham Romania has a new Board of Directors
###author### The American Chamber of Commerce in Romania (AmCham Romania) announced the structure of the new Board of Directors of…
Europe’s newly installed wind capacity reached 11,3 GW last year; the market contracted
Global wind power capacity increased by 12.4% at the end of 2013, reaching 318.6 GW, after the end of 2012…
Transporters: New excise to surge spending in election year, moves consumption over border
Government decided to introduce additional fuel duty without an impact assessment , in order to make higher expenses in 2014,…
Government approved Turnu Magurele- Nikopol hydropower project of 400 MW
The government approved on Thursday the formation of a joint project company for the development of the Romanian-Bulgarian Danube hydropower…
NQE Holdings invests 7 mln. euro in PV parks, moves from Rasdaq to BSE
###author### Natura Quattour Energia Holdings (NQE), formerly qnowns as Scapis, decided to move its listing from Rasdaq to Bucharest Stock…
American Superconductor opens a wind turbine components factory in Timișoara
American Superconductor Company, a manufacturer of components for wind turbines and superconductors, will open an electrical control systems factory in…
Shell pulls out of Ukraine deal
Anglo-Dutch conglomerate Royal Dutch Shell, the largest oil and gas company in Europe, announced that it has withdrawn from negotiations…
Privatization Calendar: Hidroelectrica – uncertain term, Electrica in June and Oltenia in autumn
###author### Hidroelectrica is struggling to get rid of insolvency procedures, and in the meantime it will follow a restructuring program,…
EPC contract worth of almost 67 million euros for Măgurele laser, the largest in the world
A consortium led by the “Istituto Nazionale di Fisica Nuclear” (INFN) from Italy won a contract for 66.8 million euros…
Delegate Minister for Energy, named Chairman of the Board for ACER
Delegate Minister for Energy, Răzvan Nicolescu, was named president of the Council of Administration (CA) of the European Agency for…