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Energy & Environment
Energy minister claps back at claims of Russian energy ban violation
Thursday, October 16, 2025
Romania fully complies with all the EU sanctions imposed on the Russian Federation, and has not imported crude oil from this country since December 5, 2022, having also cut petroleum product imports from Russia as of February 5, 2023, and neither will it resort to such imports in the future, Energy Minister Bogdan Gruia Ivan said in a reaction to a report by Reuters."Today, Reuters published a story containing erroneous information, claiming ...
Retele Electrice Romania invests 70 million lei in increasing the transmission capacity of high-voltage lines in Bucharest
Thursday, October 16, 2025
Retele Electrice Romania, part of the PPC group in Romania, is developing the electricity distribution infrastructure in Bucharest, with ongoing projects worth approximately 70 million lei to increase the transmission capacity of high-voltage networks, while increasing the network’s resilience. The company is carrying out an extensive program to modernize the high-voltage infrastructure, which includes cable replacements, modernization of power stations and the ...
Elawan Energy awarded two wind projects in Romania’s public auction
Thursday, October 16, 2025
Elawan Energy S.L. (“Elawan”), a global leader in the renewable-energy sector, has been awarded two wind projects in Romania’s recent public auction. The award includes a 15-year Contract for Difference (CfD) with the Romanian government, providing revenue certainty and enabling progress towards the construction of the projects. Both wind farms, currently at RTB (Ready to Build) stage, are scheduled to commence operations in 2028. ...
Hidroelectrica to install battery storage at its hydro power plants
Thursday, October 16, 2025
* The state-owned utility aims to enhance grid flexibility by installing energy storage systems at all of its run-of-river hydropower plants, https://www.ess-news.com/ informs. Romania’s Hidroelectrica plans to ...
Nuclearelectrica sA has signed two strategic agreements with the French group EDF
Thursday, October 9, 2025
The National Company Nuclearelectrica sA has signed two strategic agreements with the French group EDF for the refurbishment of Unit 1 of the Cernavoda Nuclear Power Plant and for the Medical Radioisotopes project, the company announced in a press release."sN Nuclearelectrica sA (sNN) has formally signed two agreements with subsidiaries of the French EDF group. The first agreement, signed with Arabelle solutions, concerns advancing the refurbishment works ...
Econergy to acquire 155MW solar project in Romania
Thursday, October 9, 2025
*Israel-headquartered independent power producer (IPP) Econergy will acquire 100% stake in the 155MW Ratesti solar project in Romania, further expanding its European renewable energy portfolio, ...
BRD Joins Nuclearelectrica & EnergoNuclear Projects via syndicated Loans
Thursday, October 9, 2025
The financing provided will cover the acquisition of equipment and preliminary works required for the refurbishment process of Unit 1 at the Cernavoda Nuclear Power Plant, as well as the engineering study related to the construction of the two new reactors, Units 3 and 4, at the same nuclear site. Within the syndicate, BRD acts as the Mandated Lead Arranger, contributing the largest share ...
Romania's crude oil production down 7.6pct seven months into 2025
Thursday, October 9, 2025
In the first seven months of 2025, Romania produced1.46 million tons of oil equivalent (toe) of crude oil, down 19,600 toe (-7.6%) year-on-year, according to data with the National Institute of statistics (INs).The country's crude oil imports totalled 5.143 million toe, up 906,500 toe from the the first seven months of 2024 (+21.4%).According to the latest Energy Balance Forecast published by the National Commission on Economic strategy and ...
Hidroelectrica signs Maintenance Contract with Vestas CEU Romania for the Crucea Nord Wind Farm
Thursday, October 9, 2025
Monday, October 6, 2025, Bogdan Badea, President of the Management Board of Hidroelectrica, signed alongside srdan Cenic, Vice President of sales and General Manager of Vestas Mediterranean East, and Jose Julio Jimeno Gutierrez, senior Vice President of Vestas and President of Vestas Mediterranean, the contract ensuring the maintenance of the turbines installed at the Crucea Nord Wind ...
Econergy to assume 100% ownership of Romania’s biggest solar park, add batteries
Thursday, October 9, 2025
Econergy agreed to buy out Nofar’s 50% stake in the 155 MW Ratesti photovoltaic plant, the largest in Romania, https://balkangreenenergynews.com/ informs. The next step is to add a 120 MW battery energy storage ...
Transelectrica official: At this time, power grid technically unable to work exclusively on renewable sources
Thursday, October 9, 2025
Gas plays and must further play a major role in the energy transition in the next 10-15 years, in order to ensure the security and stability of the national energy system, given that this could technically not function if today we were to shut down all the traditional power plants and installed only renewable ones, the director of the National Energy Dispatcher, Transelectrica, Virgiliu Ivan, said on Friday."At Transelectrica we are facing tremendous ...
Hidroelectrica: We are approaching 900,000 household customers and, according to projections, we will exceed one million
Thursday, October 9, 2025
Hidroelectrica is approaching a portfolio of 900,000 household customers, and projections show that it will exceed one million, which has put a great deal of pressure on the company's business model, but we have adapted and in the future we will be present with a particularly competitive offer for the Romanian population, both industrial and household, Radu Ioan Constantin, CFO, Hidroelectrica, announced on Friday."Hidroelectrica's offer is particularly ...
PM Bolojan: We need to ensure energy security
Thursday, October 9, 2025
Prime Minister Ilie Bolojan said that Romania needs to ensure its energy security as a strategic direction of action moving forward in order to have an economy based on sound foundations."We have to deal with things that mean development, which really means an economy on a sound basis, because without these conditions we cannot think about a good future for our country. And I would point out some strategic elements, which I believe we must take into account ...
Niculescu (ANRE): We have subject of binomial tariff on internal agenda; there are various scenarios to apply
Thursday, October 9, 2025
The subject of the binomial tariff is very important, we have it on the internal agenda and we are working on it, and after we have a beneficial form for all consumers, we will begin an extensive public consultation process, as we did with all regulations, declared on Friday the chairman of the National Energy Regulatory Authority, George Niculescu, at a specialized conference."The binomial tariff is a topic that has been brought up very, very often. I have ...
Gas production falls by 2% in first 7 months of 2025; imports increased by 57.4%
Thursday, October 9, 2025
Romania's usable natural gas production was, in the first seven months of 2025, 4.335 million tons of oil equivalent, 90,100 toe below that of the same period last year (minus 2%), according to data centralized by the National Institute of statistics (INs).On the other hand, during January-July of this year, natural gas imports increased by 57.4% (plus 582,800 toe) compared to the first seven months of 2024, up to 1.597 million ...
PM Bolojan: Energy bills should start decreasing from the second half of 2026
Thursday, October 2, 2025
Energy bills should start decreasing from the second half of 2026, Prime Minister Ilie Bolojan said on Monday evening.He explained on Digi 24 private television broadcaster that this will be possible due to photovoltaic energy storage units.'We shall be able to store some of the very cheap electricity generated at midday and use it in the evening. The energy sector is vital because the competitiveness of our major companies depends on it. ...
Another 168,606 vulnerable Romanians receive energy support
Thursday, October 2, 2025
The National Agency for Payments and Social Inspection (ANPIS) has made a new payment tranche for another 168,606 beneficiaries of energy support, totaling 16.7 million lei, the Minister of Labor, Florin Manole announced on Monday."Today, another 168,606 vulnerable Romanians are receiving energy support worth 16.7 million lei to pay their bills for July and August. Together with the 274,541 beneficiaries from the first tranche, we are talking ...
Romania has real potential in developing geothermal solutions
Thursday, October 2, 2025
The President of the Romanian Geoexchange Society (SRG), Horia Ban, represented Romania at the Budapest Geothermal Energy Summit, where he highlighted the real potential that Romania has in developing geothermal solutions, supporting the need to finance geothermal projects through European funds, considering the consistency with the objectives of the European Green Deal."Two main ideas emerged during the Budapest geothermal summit. One is that ...
KMG Rompetrol Development has completed an eMobility project, co-financed by the European Union, on the A1 Highway
Thursday, October 2, 2025
KMG Rompetrol Development, the investment vehicle for the retail operations of the Kazakh-Romanian Energy Investment Fund (FIEKR), has completed the project “Development of Alternative Fuel Infrastructure on the A1 Highway at the RO-HU border,” co-financed by the European Union through the Connecting Europe Facility (CEF-Transport) and approved on March 15, 2023, by the European Climate, Infrastructure, and Environment Executive ...
Romania’s natural gas storage almost full ahead the winter
Thursday, October 2, 2025
(Macro commentary by eToro analyst for Romania, Bogdan Maioreanu) Winter is getting close, it is colder outside and Romanians are starting to need heat in their homes. In Europe, the percentage of filling of gas reserves is one of the lowest in the past three years. But the European natural gas prices are expected to experience only moderate upward pressure as 2025 concludes, driven by a ...