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Energy & Environment
Retele Electrice companies are launching a major tender for the design and execution of maintenance and modernization works in the Banat region
Thursday, September 19, 2024
Retele Electrice Muntenia is launching a public tender through the SEAP platform, worth 160 million lei , for the design and execution of maintenance and modernization works for the medium and low voltage (MV-LV) electricity networks in Arad, Caras Severin, Timis and Hunedoara counties. This initiative is part of a broad project to optimize the energy infrastructure, with the main aim of improving the safety, reliability and efficiency of ...
ANRE: Romania is at the bottom of the European ranking on storage
Thursday, September 19, 2024
Romania is still behind the European Union member states on storage, and the implementation of some projects can solve many problems, including in the area ofprosumers, said Valeriu Steriu, member of the regulatory committee of the National Energy Regulatory Authority (ANRE). “We are still in the tail of the European Union member states on storage and the implementation of projects can solve many problems, including in the area of prosumers, ...
RWEA : Wind industry and renewables, main cause of imbalance
Thursday, September 19, 2024
The wind industry and renewables in general have been singled out as the main causes of imbalances in the system, but they are also the ones that are currently suffering terribly from this aspect of the grid, which is becoming almost unbearable, said Liviu Gavrila, vice-president of the Romanian Wind Energy Association (RWEA), at a specialist conference on last Thursday."Recent history shows us that there is this lever of assuming certain things. Meanwhile, there have been ...
E.ON impact in 2023: Contributions of almost 1.9 bln. lei to the budget, investments up 31%
Thursday, September 19, 2024
The E.ON Group is an important partner for around 941 suppliers of products, services and works, of which over 95% are Romanian companies, according to the Sustainability Report for the year 2023. On the entire supply chain, E.ON remains a partner important to approximately 2,300 direct and indirect suppliers. The value of the purchases of the companies in the group exceeded 1.22 billion lei (about 254 million euros), an increase of about 4% compared ...
Competition analyzes PPC’s takeover of the Fantanele-Cogealac wind farm and other CEZ projects
Thursday, September 19, 2024
The Competition Council is analyzing the transaction by which Public Power Corporation SA intends to take over the companies that own and operate the first large-scale wind farm built by CEZ (now Evryo) in Romania, from Fantanele-Cogealac, of around 600 MW, as well as other projects in progress. The park is owned and operated by Tomis Team and Ovidiu Development. PPC acquires projects totaling 629 MW, owned by Felix Renewable Holdings SRL, Tomis Team ...
FPPG: Geothermal energy is one of the most feasible resources in green transition
Thursday, September 12, 2024
Geothermal energy represents one of the most feasible resources in green transition, while CLGS are a solution for the use of this type of energy, according to the Oil and Gas Employers’ Federation (FPPG). They explained, at a meeting with the press, that CLGS already used in Canada, Germany and USA, presents significant key advantages to conventional ...
GE Vernova Expands European Onshore Wind Presence with Romania Deal
Thursday, September 12, 2024
GE Vernova announced what it called a milestone agreement for onshore wind in Europe, announcing a deal with Public Power Corporation Renewables (PPC R) to supply, install, and commission 23 of GE Vernova’s 6.1-MW 158-meter turbines for a wind farm in Vaslui County, Romania, ...
Greece, Romania and Bulgaria unite to tackle energy prices
Thursday, September 12, 2024
Greece, Romania and Bulgaria are working together to develop a regional mechanism to mitigate electricity price fluctuations, believing that the EU's single market is ill-suited to South-East Europe, https://energynews.pro/ ...
Engie Romania completes one of country’s first hybrid power plants
Thursday, September 12, 2024
Engie Romania added a hybrid power plant to the transmission grid. The 56.8 MW facility consists of wind turbines and a solar power unit, https://balkangreenenergynews.com/ ...
National project to promote energy efficiency in building launched
Thursday, September 12, 2024
The Association for the Promotion of Energy Efficiency in Buildings (ROENEF) announces the launch of the ROENEF Caravan, a project aimed at promoting energy efficiency in buildings and increasing the level of information, at the population level, regarding the benefits that energy efficiency brings in homes, both from an economic point of view, as well as from an environmental and healthcare ...
NGOs: Romania's energy strategy sets low renewable energy target by 2030
Thursday, September 12, 2024
Romania continues to base its energy transition plans on a massive increase in fossil fuel consumption, through new thermal power plant projects, fossil gas distribution networks, and also new facilities, which will lead to an increase in carbon emissions, as well as dependence on fossil gas, environmental organisations have warned in a letter to the Ministry of Energy.According to the document, signed by the 2Celsius Association and the ...
Greenpeace Romania asks Bucharest Court to "immediately" suspend environmental agreement for Neptun Deep
Thursday, September 12, 2024
Greenpeace Romania activists request the Bucharest Court to "immediately suspend" the environmental agreement for the Neptun Deep project and claim that the Constanta Environmental Protection Agency issued the environmental agreement in serious violation of the legal provisions and associated procedures."While OMV Petrom and Romgaz claim that the carbon footprint of the Neptun Deep project is zero, that these emissions do not exist, we will ...
Degree of filling of natural gas reserves stands at 96.53 pct
Thursday, September 12, 2024
Romania has reached a degree of filling of its natural gas reserves of 96.53%, according to data as of September 4, the amount of stored gas being 177.7 million cubic meters more than last year, which means that "we are well prepared for the cold season", Energy minister Sebastian Burduja announced on Friday."A piece of new good news on winter preparations! The degree of filling of natural gas reserves stands at 96.53%, as of September 4, 2024. ...
Azerbaijan, Georgia, Romania, Hungary set up joint venture on green energy supply
Thursday, September 5, 2024
Azerbaijan, Georgia, Romania and Hungary have established a joint venture on green energy supply, Azerbaijani Energy Minister Parviz Shahbazov announced on Tuesday. “The Bucharest Meeting of the Ministers/Steering Committee on the establishment of the Green Energy Corridor between Azerbaijan, Georgia, Romania and Hungary ended with important results on the implementation of the Quadrilateral Agreement and the transformation of Azerbaijan ...
Hidroelectrica announces modernisation of Vaduri, Remeti, Arcesti hydropower plants
Thursday, September 5, 2024
Hidroelectrica has signed with the consortium formed by Hidroserv and UCMH contracts for the modernisation of the hydropower facilities Vaduri, Remeti and Arcesti.According to a company press release sent on Monday, the projects are part of a broad plan aimed at ensuring the sustainable and efficient operation of the company's infrastructure, according to the highest technological standards.In this sense, at the Vaduri Hydroelectric Power Plant, ...
Engie Romania expands its renewable energy production portfolio with its first hybrid plant
Thursday, September 5, 2024
Engie Romania is expanding its renewable energy production portfolio with its first hybrid power plant, from wind and solar sources, with a total installed capacity of 57 MW, the company announced on Wednesday."Located in Gemenele commune in Braila county, the hybrid power plant will generate approximately 140 GWh annually, equivalent to the annual electricity consumption of over 46,800 households", the press release states.According to the cited ...
Creditors Of Hidroconstructia Company OK EUR 65 M Asset Sale
Thursday, September 5, 2024
INFINEXA Restructuring, a Romanian entrepreneurial company specialized in restructuring distressed companies, with over 130 million euros in assets under management, announces the sale of a portfolio of assets worth over 65 million euros, belonging to Hidroconstructia S.A. “We have identified a series of assets that are not essential for the optimal operation of the company during this ...
E.ON: PV system installations increased eightfold compared to 2023
Thursday, September 5, 2024
The E.ON Energie Romania company installed, in the first eight months of this year, over 3,500 photovoltaic systems at residential customers, eight times more than the whole of last year. If last year the company installed 400 photovoltaic systems, on average 1 system per day, this year the average pace of installations increased to 14 photovoltaic systems per day, the record being 50 systems installed ...
ANRE intervenes on the balancing market to temper price hikes
Thursday, September 5, 2024
The regulatory committee of ANRE unanimously approved, on Wednesday, Order no. 60 for the modification of some orders of the president of the National Energy Regulatory Authority regarding the electricity market. Balancing market prices increased even more than five times this summer compared to the previous year, rising, for example, in July to record levels of 3,000 euro/MWh (the ...
European Investment Bank (EIB) : Romania receives 200 mln. euro for power grid modernization
Thursday, September 5, 2024
Romania received the approval for a financing worth 200 million euro from the European Investment Bank (EIB), money that will be used for the modernization of the electricity distribution network, according to a press release of the financial institution . “On its way to energy independence, Romania has a huge need for investments in electricity networks, which is why, in my capacity as a member ...