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Energy & Environment
Framework agreement on the establishment of the International Solar Alliance ratified by President Iohannis
Thursday, December 12, 2024
President Klaus Iohannis signed on Wednesday the decree regarding the promulgation of the law for the ratification of the framework on the establishment of the International Solar Allaince (ISA).The respective framework was open for signing in Marrakesh, on 15th November 2016 and signed by Romania in Dubai, the United Arab Emirates on 3 December 2023.ISA was set up on 30 November 2015 in Paris, on the joint initiative of the President of ...
Electricity imports increase in 2024, mainly due to maintenance of some production units
Thursday, December 12, 2024
Romania's electricity imports increased by 60% this year compared to the previous year, mainly due to the maintenance activities of some production units, such as the capacity at Cernavoda Nuclear Power Plant, Dan Dragan, secretary of state in the Energy Ministry, told a specialized event on Wednesday.He was asked what is the reason for the 60% increase in electricity imports in 2024 and the 11% decrease in production."If we look at the ...
Complexul Energetic Oltenia getting modernised, as it is needed in energy system
Thursday, December 12, 2024
The Ministry of Energy has signed an important contract for the financing of the rehabilitation and modernisation project of the 9.9 MW micro-hydroelectric power plant at SE Turceni, implemented by Complexul Energetic Oltenia SA, the ministry announced on Monday.According to the source, financing is almost 65% provided from the Modernisation Fund."Even though we are going through a difficult period, with uncertainties, we are not slowing down. ...
Transgaz allocates over 3.3 mln RON for maintenance services
Thursday, December 12, 2024
Natural Gas Transport Company Transgaz intends to conclude a framework agreement with the object of system maintenance, the value of the contract being 3.33 million RON, excluding VAT.According to an announcement posted in the Electronic System of Public Procurement (SEAP), the object of the purchase is the maintenance of the Gas Market Operator Information System application (GMOIS).According to the cited source, the GMOIS platform was ...
Three new solar projects financed through PNRR
Thursday, December 12, 2024
The Minister of Energy, Sebastian Burduja, announced the start of three new projects financed through PNRR, according to a post on his social media page. “Romania is developing and developing with European money. This is the only way it can develop. With access to resources that we could not have hoped for 35 years ago, with plans and work. Romania is also developing with the vision of entrepreneurs who show courage and see the ...
Storage capacities development program, extended
Thursday, December 12, 2024
The call for projects “Supporting investments in the development of electricity storage capacities (batteries) with financing from the Modernization Fund” is extended by one month, respectively until February 17, 2025, the Ministry of Energy announced in a press release. Initially, the deadline for submitting projects to the program was January 17, ...
BRM acquires Bulgarian Energy Trading Platform
Thursday, December 12, 2024
The Romanian Commodity Exchange (BRM) has reached an agreement to acquire the Bulgarian Energy Trading Platform (BETP AD), in order to boost the neighboring country’s energy market and regional cooperation on natural gas trading, BRM announced. According to the cited source, the transaction will bring significant benefits to Bulgaria and Romania by strengthening energy security, expanding trading ...
EIB: 3 bln. euro financing for farmers and the bioeconomy
Thursday, December 12, 2024
The President of the European Investment Bank (EIB) Group, Nadia Calviño, announced a €3 billion financing package for agriculture, forestry and fisheries across Europe, as well as a boost to farm insurance. The EIB Group’s loans will be complemented by other participating financial institutions, unlocking €8.4 billion in long-term investment for the bioeconomy ...
Gov't approves new regulations for carbon dioxide geological storage facilities
Thursday, December 5, 2024
The government approved on Wednesday the amendment and completion of Government Emergency Ordinance No. 64/2011 on the geological storage of carbon dioxide, setting measures in place for the rapid development of the necessary infrastructure in order to reduce greenhouse gas emissions.According to a government release, "the new regulations approved by the government will facilitate the rapid and efficient development of the infrastructure needed for the ...
Transelectrica allocates over 414 million RON for retooling Alba Iulia station
Thursday, December 5, 2024
The National Electricity Transport Company - Transelectrica is allocating 414.34 million RON, without VAT, for retooling the Alba Iulia station, the contract to be concluded for a period of 44 months, according to an announcement posted in the Electronic System of Public Procurement (SEAP).The object of the acquisition is a "pilot project for retooling the 220/110/20 KV Alba Iulia station in the concept of a digital station".The contract provides for IT ...
Report: Romania's energy sector - the most exposed to cyberattacks
Thursday, December 5, 2024
Over 14 million cyberattacks are being recorded every month by the Business Internet Security (BIS) service, the most frequent occurrences being ransomware, DDoS and phishing incidents, shows data centralized in the Business Internet Security 2025 report released on Tuesday.According to the 7th edition of the survey conducted by Orange Business, the energy sector remains the most exposed, being the target of 31% of the recorded cyberattacks. It is followed by public ...
PPC Group's distribution companies merge under the name Retele Electrice Romania
Thursday, December 5, 2024
The electricity distribution companies Retele Electrice Muntenia, Retele Electrice Dobrogea and Retele Electrice Banat, part of the PPC Group in Romania, are merging under the name Retele Electrice Romania on November 30, 2024. The merger of the companies into a single legal entity aims to optimize specific operations in the 3 regions where they operate, by improving the efficiency of resource allocation and reducing administrative ...
Romania, unfavorable year for energy sector, with hydropower production 40% lower than in 2023
Thursday, December 5, 2024
Romania has had an unfavorable year for the energy sector, extremely dry, with hydropower production down by about 40% compared to last year, Energy Minister Sebastian Burduja said on Thursday.He emphasized that Romania imports about 2,700 megawatts, given that consumption is quite high, at 8,200 megawatts, and production is low."We can all look on Transelectrica's website and see that we import somewhere around 2,700 megawatts because we have a rather high ...
Almost half of the Romanians believe that giving up gas-based heating systems is a wrong decisions
Thursday, December 5, 2024
Two-thirds (66%) of the Romanians believe that prosumers contribute to a cleaner environment, while almost half (45%) say that giving up gas-fired heating systems is not a good decision, according to the results of a study published on Thursday.According to data centralized by the despre-energie.ro platform, a project of the companies E.ON and Delgaz Grid, over half of the respondents (55%) stated that firm measures must be taken to reduce pollution and agree with the ...
EnergMin:Certain flexibility for Romania to continue vulnerable consumer support despite Brussels' push for liberalisation
Thursday, December 5, 2024
Support for vulnerable consumers should be granted based on social and economic surveys, and not on consumption amounts, as the case has been until now, Energy Minister Sebastian Burduja on Thursday told the ZF Energie 2024 conference.He also advised care with the price of energy for non-household consumers if Romania really seeks to be competitive."From my point of view, we certainly need a much better definition of the vulnerable consumer, to target support ...
OMV Petrom partners with NewMed Energy to develop Han Asparuh offshore perimeter in Bulgaria
Thursday, December 5, 2024
OMV Petrom, the largest integrated energy producer in Southeast Europe, has entered into a strategic partnership with NewMed Energy Balkan, a subsidiary of NewMed Energy, to advance exploration efforts in the Han Asparuh offshore perimeter in Bulgaria, according to a press release.NewMed Energy is Israel's leading joint venture in the exploration, development, production and sale of natural gas and condensate.The parties signed an agreement whereby OMV Petrom ...
GreenPeace: First court victory against Neptun Deep
Thursday, November 28, 2024
Greenpeace Romania won the first court case in connection to the Neptun Deep project. The Bucharest Tribunal has ordered the Dobrogea Litoral Water Basin Administration and the Grigore Antipa Institute to communicate the ecotoxicity studies that were the basis for the Integrated Environmental Report for the Neptun Deep project. Both the Grigore Antipa Institute and the Water Basin Administration refused systematically to ...
Nuclearelectrica seeking to purchase software services under RON 11.3 ml contract
Thursday, November 28, 2024
Romanian nuclear power plant operator Nuclearelectrica wants to purchase software services worth RON 11.3 million, VAT excluded, under a 24-month contract, according to a tender notice posted in the Electronic Public Procurement System (SEAP)."The procurement is aimed at the consistent implementation at Nuclearelectrica of an integrated human resources management system called HR Management, through the centralized use of the Oracle HR Core ...
MONSSON, NEPI Rockcastle Finalize 50MW Photovoltaic Park Deal
Thursday, November 28, 2024
Monsson has successfully transferred 100% of the shares of a 50MW solar park located in the Chisineu-Cris area, Arad County. The project is fully authorized, and NEPI Rockcastle is scheduled to begin construction in January 2025. “We are happy and proud to have started this cooperation with NEPI Rockcastle, the largest owner, operator, and developer of shopping centers in Central and Eastern ...
EU investment minister:Ro-HydroHub green hydrogen project - a success story for any country, a model worth extending
Thursday, November 28, 2024
The Ro-HydroHub green hydrogen project is a success story for any country and a challenge for the Ministry of Research, Innovation and Digital Transformation, Minister of European Investments and Projects Adrian Caciu declared on Thursday, after the contract-signing ceremony for the construction of a Romanian hydrogen and new energy technologies hub, organized at the Victoria Palace of Government."This is yet another project whereby we demonstrate that the ...