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…
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Transelectrica
CE Oltenia claims to have a stable financial situation, management has met 95% of its KPIs
Bogdan Tudorache During a scandal marked by political pressure, the CE Oltenia (CEO) management, which could be dismissed next month,…
Professor Cosea, appointed president of CS of Transelectrica; the Directorate does not get rid of the provisorate
Bogdan Tudorache Economics Professor Mircea Coşea was elected president of the Supervisory Board of Transelectrica, according to a press release…
A new step in closing the 400 kV ring: The 123 million lei line Porțile de Fier – Arad, closer to completion
The Government of Romania approved by decision the removal from the forest fund of the land necessary for the construction…
Electricity transmission and distribution tariffs will increase from July 1
Starting July 1, indistrial end-users of electricity will pay higher tariffs for electricity transmission and distribution, according to new regulations…
Marius Carasol, Transelectrica CEO: The continental energy system is and will be even more interconnected
The energy sector of Europe is currently in a deep changing process. The main drivers of this change come from…
Electricity prices rose in all Romanian markets in Q1
Transelectrica’s average price for all markets shows an increase of over 100 lei/ MWh in the first quarter (Q1) compared…
Record production for hydroelectric power – more than 4,000 MW
Hidroelectrica produced more than 4,000 MW on Friday morning, representing a new record this year, and covered more than half…
Electricity reaches over 200 lei per MWh
The price of electricity on the spot market of the OPCOM stock exchange returned on Monday to more than 200…
Transelectrica has planned investments of 4.1 billion lei over the next 10 years
Transelectrica has a 10-year development plan that involves an investment volume of about 4.1 billion lei, said Bogdan Andronic, state…
Transelectrica to invest 285 million lei in 2019
The operator of the national electricity transmission network will submits to the shareholders on May 13 the investment budget for…
Transelectrica starts work on the 400 kV line Gutinas-Smardan
The Ministry of Energy announced the financing with European funding worth 31 million euro for the construction of the 400…
Transelectrica: The management of the SMART subsidiary was „adventurous”, causing losses
Transelectrica (TEL) shows in the document of economic and financial restructuring of the maintenance company SMART that the activity of…
Mircea Coşea and Adrian Mitroi, among the new provisional members of SB of Transelectrica
The Ordinary General Meeting of Shareholders of Transelectrica approved the new provisional mandates of the members of the Supervisory Board…
OPCOM will become independent, will provide derivatives
The OPCOM Stock Exchange will become independent and will provide sophisticated instruments, such as derivatives, told energynomics.ro sources in the…
Restructuring plan for Smart SA, plus 24 million lei, approved after a bit of protest,
The strategy of approving state-owned companies’ plans after “street pressure” does not cease to fail. Thus, following the mini-protest of…
Transelectrica proposes no dividends on 2018
The management of Transelectrica (TEL) proposed to the shareholders, for the General Assembly on 24 April, a distribution of the…
Hydro power now produces 30% of total electricity
Hidroelectrica is today the main producer of electricity in Romania, as together with the small units (MHC), the production of…
Voluntary lay-off program at Transelectrica
Transelectrica has initiated a voluntary lay-off plan, providing compensation packages of up to ten salaries. About 49 employees decided to…
New changes in Transelectrica’s leadership. Among the proposed, Adrian Mitroi and Mircea Coşea
The Ministry of Economy extends the interim situation and changes four of the Transelectrica supervisors. In the new supervision board…
New record-prices on the day ahead market signal slow flexibility in the national power system
Power prices on the OPCOM Day Ahead Market – DAM reached new record levels, at a medium level 411 lei/MWh…
The DAM price of electricity on Monday was over 25% higher than the regional levels
The price of energy in Romania on the Day Ahead Market was on Monday the highest in the region, at…