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Energy & Environment
EU leaders to decide tougher climate goal in December
Thursday, October 22, 2020
EU leaders on Thursday (15 October) said they will decide on a more stringent climate target for 2030 at a summit in December, leaving more time to forge a united European response to climate change. Ambitious climate goals are backed by big EU powers including France and Germany, as well as many major businesses, but face resistance from eastern member states still dependent on coal for ...
Delgaz Grid has launched projects worth 440 mln. lei that benefit of European funds
Thursday, October 22, 2020
The gas and electricity distribution company Delgaz Grid has attracted, since 2012, non-reimbursable financing for projects worth over 180 million lei, five of which were successfully completed, while another four are in various stages of implementation. Currently, the company has five more projects under work, worth approximately 260 million lei, aimed at digitalizing and automating the distribution network. More precisely, they aim at the ...
ENEL X ROMANIA FINALIZED THE INSTALLATION OF THREE PV PANEL SYSTEMS IN ARAD COUNTY
Thursday, October 22, 2020
Enel X Romania, part of Enel X, the advanced energy services division of the Enel Group, has completed the installation of three photovoltaic panel systems in Sebi? and Arad, following a total investment of over 500,000 euros. The projects, which will improve the energy efficiency of Gema Superb, Masofma and Gemi Center, involves the placement of 1,500 photovoltaic panels on the roofs of the buildings owned by the three ...
U.S. and Romania Announce Initial Agreement on Cooperation for the Cernavoda Nuclear Power Projects and Civil Nuclear Power Sector in Romania
Thursday, October 15, 2020
Today, U.S. Secretary of Energy Dan Brouillette and Romania’s Minister of Economy, Energy and Business Development Virgil Popescu initialed a draft Intergovernmental Agreement to cooperate on the expansion and modernization of Romania’s civil nuclear power program. Once formally executed, this historic agreement will lay the foundation for Romania to utilize U.S. expertise and technology ...
SN Nuclearelectrica SA expresses its appreciation for the initialization of the Agreement between Romania and US
Thursday, October 15, 2020
According to the statement signed by Cosmin Ghita CEO, SN Nuclearelectrica SA expresses its appreciation for the initialization of the Agreement between the Romanian Government and the Government of the Unites States of America regarding the cooperation related to the nuclear-energy projects from Cernavoda and the Romanian civil nuclear sector, on October 9, 2020, in Washington ...
Romgaz signed a contract of almost 526 million lei with Elcen for gas delivery
Thursday, October 15, 2020
The National society for natural gas Romgaz signed a contract worth 525.9 million lei with Electrocentrale Bucuresti for the delivery of natural gas between 1 October 2020 – 30 September 2021 according to the report sent on Friday to the Stock Exchange Bucuresti. According to the document signed between the two companies, for payment, there will be a settlement bill to be paid in 90 days since issue ...
BSOG finalised the underground crossing pipeline of the beach in Vadu
Thursday, October 15, 2020
Black Sea Oil& Gas (BSOG) finished last week the works for the pipeline of 1.5 km the underground crossing of the beach in Vadu, this being the first work of this kind in Romania, announced in a videoconference Profit Energy forum – Energy post-Coronavirus, Mark Beacom, CEO of BSOG. According to BSOG head, the operation was made onshore by a Romanian entrepreneur for drilling Cala and it was received at sea by ...
European Commision: Romania needs stable, predictable legislative framework for offshore wind sector
Thursday, October 15, 2020
The European Commission is having a dialogue with the Romanian authorities in order to establish a stable and predictable legislative framework in the offshore wind sector, so that Romania can make the most of its potential in this area, Remi Mayet, acting Head of Unit with the European Commission's Directorate-General for Energy, said on Tuesday at the Bucharest Forum online conference organised by the Aspen Institute.Romania has one of the largest onshore ...
5.1% decrease in end energy consumption in Romania, on Aug 31
Thursday, October 15, 2020
End electricity consumption in Romania was 35.164 billion kWh in the first eight months of this year, 5.1% lower than the similar period in 2019, while energy resources primary education decreased by 12%, and electricity by 3.1%, according to the National Institute of Statistics (INS).According to the quoted source, the main primary energy resources totaled, on August 31, 2020, 20.442 million tonnes of oil equivalent (toe), decreasing by 2.778 million toe ...
Greenpeace: Romanian authorities have to work after EP vote on Climate Law
Thursday, October 15, 2020
Romania will have to fundamentally change its strategies regarding the energy sector, transportation and other domains that influence its carbon footprint, after the European Parliament voted, on October 7, the Climate Law, which can transform Europe into the first continent that is neutral from an emissions standpoint, Greenpeace representatives say, in a release sent on last Thursday.In this context, environment activists claim that, if the efficient plans to ...
OMV Petrom outsources some operations and general surface services
Thursday, October 8, 2020
The Competition Council announced that they authorised the trading through which OMV Petrom outsources to J.Christof E&Pservices and Christof Private Firefighting Services some operations and general surface services, associated to the activity of extraction and production of oil and natural gas, together with the assets and employees they use. ‘The Competition Council ...
The MOL group invested 200 million dollars in the 25 years of presence in Romania
Thursday, October 8, 2020
The Hungarian group MOL announced they have invested approximately 200 million dollars in the 25 years of presence in Romania, without taking into consideration the price for the acquisition of petrol stations Shell and Agip, saying that the development strategy of MOL Romania is concentrated on three main pillars, on line with the strategy of the MOL Group: digitisation, development and ...
Energy regulator reports meeting all data security requirements to implement REMIT systems
Thursday, October 8, 2020
Romania's National Energy Regulatory Authority (ANRE) has met all the requirements set by the Agency for the Co-operation of Energy Regulators (ACER) for the implementation of data security systems required under Regulation (EU) No. 1227/2011 on Wholesale Energy Market Integrity and Transparency (REMIT).According to an ANRE press statement released on Tuesday, an audit board composed of representatives of ACER and representatives of other regulatory authorities ...
Cogeneration to increase energy efficiency – Cemacon and Servelect
Thursday, October 8, 2020
The manufacturer of ceramic blocks Cemacon SA and the energy services company Servelect from Cluj-Napoca have started the implementation of a high efficiency cogeneration project within the factory in Recea, Salaj County. The goal is to increase the plant’s energy efficiency and reduce carbon emissions by installing the high-efficiency cogeneration unit. The project with a total value of 9.68 million lei + VAT is co-financed by the European ...
New research from Accenture: Cloud migrations can reduce CO2 emissions by nearly 60 Million tons a year
Thursday, October 8, 2020
* Companies are unlocking greater financial, societal and environmental benefits by moving to the cloud and developing associated circular products and services Migration to the public cloud can achieve significant carbon reduction in the form of a 5.9% decrease in total IT emissions or nearly 60 million tons of CO2 globally per year, which is the equivalent of taking 22 million cars off the road, ...
EBRD to aim for a majority of green investments by 2025
Thursday, October 8, 2020
The European Bank for Reconstruction and Development (EBRD) is reinforcing its position as a leader in green finance with an ambitious plan to broaden and deepen its climate activities and become a majority green bank by ...
EU energy ministers back 2030 climate goal update, leave deal for later
Thursday, October 8, 2020
Germany’s Economy Minister Peter Altmaier said talks on Tuesday (6 October) between energy ministers from the 27 EU members had shown that a majority want to update the emissions-cutting target by 2030 for the bloc, on its way to climate neutrality by 2050, euractiv.com informs. “We have a historic window of opportunity to show … that we are serious about climate neutrality and ...
Minister Bolos: The amounts for the rehabilitation of thermal energy pipes în Bucharest will be supplemented
Thursday, October 8, 2020
Bucharest could benefit from European funds totaling 2.1 billion euro in the next programming period, 2021-2027, and the amounts for the rehabilitation of thermal energy pipelines could be supplemented, said Marcel Bolos, Minister of European funds. “The next programming period is generous for Bucharest. There are European funds proposed for allocation amounting to 2.1 billion euro, of which 1.5 billion from the European ...
RCE: Traded volumes increased as a result of the liberalization of the natural gas market
Thursday, October 8, 2020
The relevant synthetic data for the first 9 months of 2020 confirm the upward trend of the natural gas market, as the representatives of the Romanian Commodity Exchange (RCE) have anticipated that it would happen with the elimination of the “unfortunate provisions of the well-known GEO 114”. In the third quarter, the positive developments focused on both the two main indicators: the quantities traded and the resulting ...
EU’s offshore renewable energy strategy taking shap
Thursday, October 1, 2020
The European Commission is preparing a strategy to harness the various forms of energy that the oceans and seas can provide, including from wind, waves and tides, euractiv.com reads. The Commission had initially aimed to publish its strategy in mid-October but this has now been ...