EPG: Romania’s electricity production could increase more than four times if offshore wind potential would be used
Romania has a huge potential to produce energy from offshore wind sources, which could more than quadruple the amount of…
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productie energie
CE Oltenia holds second place among the top Romanian energy producers
In 2019, CE Oltenia produced approximately 12.4 TWh and delivered in the national system over 11 TWh, covering a market…
Siemens nears multi-billion euro deal in Iraq
German engineering group Siemens (SIEGn.DE) is working on a deal worth up to 9 billion euros (8.09 billion pounds) to…
Hidroelectrica recorded a 1.1 billion lei gross profit
Hidroelectrica registered last year a gross profit of 1.1 billion lei (248 million euros), lower than the one registered in…
Electricity output grew more than 10% in 2014
Electricity production was 64.863 TWh last year, about 10.5% higher than in 2013, while Romania was a net exporter, having…
Spot prices for power increased by 12%
The average price of electricity traded on the OPCOM platform dedicated to the Next Day Market (PZU) in the first…
Coface: Romania’s economy will grow by 2.7% this year
Coface estimates that Romania’s economy will grow by 2.7% this year, in a baseline scenario, after a 2.5% evolution in…
Romania consumed last year 76% more renewable energy
Romania’s renewable energy consumption was 1.1 million tons of oil equivalent (toe) in 2013, 75.5% higher than the one from…