Friday, September 6, 2024 MET Hotel in Thessaloniki, Greece The American-Hellenic Chamber of Commerce and the Hellenic Association for Energy Economics, in cooperation with the U.S. Embassy to Greece and in strategic partnership with the Atlantic Council and the Global Energy Institute of the U.S. Chamber of Commerce, are organizing the 8th Southeast Europe Energy Forum (SEEF2024) on Friday, September 6, 2024, at the MET Hotel in Thessaloniki, Greece. The energy […]
Three years of operation and continuous development have been completed by PPC blue, having created the largest network of public chargers in Greece which now also has a presence in Romania following the acquisition by PPC of Enel’s activities in the country. With charging points now exceeding 2,700 in Greece and Romania, PPC blue invests […]
Today, July 4, a meeting was held at the headquarters of the Ministry of Energy with the representatives of the main entities on the energy chain. The meeting took place in the context of recent increases in electricity prices on the Balancing Market. Sebastian Burduja, Minister of Energy: “I noticed that in the last few […]
Resolv Energy, independent power producer supported by Actis in Central and South Eastern Europe, through its project subsidiary First Looks Solutions S.R.L., has signed a 10-year virtual power purchase agreement (VPPA) in Romania with Bekaert, the leader global leader in steel wire transformation and surface coating technologies, according to a press release This is one […]
Europe’s distribution grids need to be urgently modernised to enable massive electrification of transport, heating and industry, integrate renewables and withstand more frequent extreme weather and cyber threats. Eurelectric’s Grids for Speed study shows that distribution grid investments should increase from an average €33 billion to €67 billion per year from 2025 to 2050, roughly 20% […]
Strong profitability driven by positive refining environment, operational performance and exports – Continued progress in strategic initiatives implementation HELLENiQ ENERGY Holdings S.A. (“Company”) announced its 1Q24 financial results, with Adjusted EBITDA amounting to €338m and Adjusted Net Income coming in at €164m. 1Q24 Reported EBITDA stood at €350m, with Reported Net Income amounting to €179m, […]
OMV Petrom, the largest integrated energy producer in Southeast Europe, will test a new carbon capture and utilization technology at the Petrobrazi refinery, starting in June, according to a company press release. The tests will take place over a period of 4 months, starting in June. The tests are part of a demonstration campaign carried […]
The company that manages the Therme relaxation center in the north of Bucharest received the authorization to set up a 2.5 MWp photovoltaic power plant with storage, a project partially financed by PNRR. “The establishment authorization requested by the company THERME NORD BUCUREȘTI SRL for the realization of the new energy capacity of the Centrala […]
AFI Palace Ploiești has launched the tender for the installation of a photovoltaic system on the roof of the mall in Ploiești, with funding from PNRR. Afi Palace intends to mount a 600 kWp photovoltaic system on the roof of the Ploiești shopping center building, which would have an annual production of 760 MW, which […]
Nawaf Salameh, founder of Alexandrion Grup, the largest producer of spirits in Romania, opened his fuel trading company, according to data from the Official Gazette. NSS Oil and Gas Trading SRL is the name of the company that was established on March 8, by Salameh, who is also the administrator of the company. The main […]
Hidroelectrica, the largest electricity producer in Romania, after a long time, went out to sell electricity in the bilateral contract market, practically testing the market with a small package, but at a price that is not small. Hidroelectrica has put up for sale electricity in the band, with delivery throughout the year 2025, on the […]
The Competition Council has authorized the transaction by which the Cypriot company Emma Lambda Limited intends to take over Stratum Energy Romania LLC, together with Stratum Energy Romania LLC Wilmington, Bucharest Branch and its subsidiaries, informs the institution. Emma Lambda is part of the Emma Group, active in the energy sector, the gambling sector, the […]
The European Union’s demand for liquefied natural gas (LNG) could reach its peak this year as the region accelerates its transition to renewable energies, according to a report published on Friday by the EU’s Agency for the Cooperation of Energy Regulators. If “the targets of the community block regarding renewables will be fully met, the […]
The balance sheet of the “Energy Efficiency in Smart Homes, Smart Buildings and Smart Networks” project shows a real interest from both the public and the authorities for national policies and local measures to reduce energy waste, an interest that must be constantly supported by information, opportunities of national funding and local investment. The ACUE Federation project , implemented […]