Bucharest Municipal Thermal Energy Company (CMTEB) announces that it has initiated the procedures to stop the supply of thermal energy for heating to consumers connected to the centralized heating system in the Capital, according to Agerpres. “Compania Municipală Termoenergetica Bucharest announces the end of the 2023-2024 heating season, considering the evolution of outdoor temperatures in […]
Hidroelectrica, the largest producer of electricity in Romania, maintains the current price in the supply offer. The offer is valid only until the end of the month, according to the data announced by the company on the website. “The price of electricity (includes TG, the transport tariff – the component of introducing electricity into the […]
The Ministry of Energy has introduced an item on the agenda of the Nuclearelectrica General Meeting of Shareholders requesting the introduction of a new investor in the shareholding of the company that develops the project of small modular nuclear reactors from Doicești. “Approving the conclusion of a direct partnership with DSPE BETA PRIVATE EQUITY FUND […]
Yesterday, the official start of the construction works for the aerial power line Vulcăneşti-Chişinău was given, the site being visited by the President of the Republic of Moldova, Maia Sandu, according to TVR Moldova. The new 400 kV Vulcăneşti-Chişinău overhead power line will be over 150 kilometers long and will pass through Taraclia, Cahul, Leova, […]
In the first month of the spring calendar, the spot price of electricity continued to fall. It is 9% below the previous month, 41% lower than a year ago and lower than the new regulated price. In March we also had the first negative prices this year in the day-ahead market. The average day-ahead market […]
Romania will be one of the biggest beneficiaries of the Social Fund for Climate, which will create a significant opportunity to reduce the energy poverty rate at the national level. Thus, Romania will receive 9.25% (6 billion euros) of the financing package worth 65 billion euros of the Social Fund for Climate, available in the […]
Hidroeletrica, the largest electricity producer in Romania, has published the report on the remuneration granted to directors and members of the Supervisory Board in 2023, which is to be submitted to shareholders for approval next month. The members of the Management Board and those of the Supervisory Board receive a fixed and a variable component, […]
The progress of the new 400 kV overhead transmission line being built between Greece and Albania was discussed in Tirana by the administrations of ADMIE and the Albanian Transmission System Operator OST. As pointed out during the meeting, the technical teams of the two Administrators will work closely together to speed up its construction. In addition, the […]
The government wants to continue with the capped energy prices, but without guaranteeing that it will return the money to the suppliers. The industry urgently calls for the situation to be remedied. The draft GEO amending the legislation regarding the capping of energy and gas prices, which would be adopted today by the Government, has […]
The Ministry of Energy has introduced an item on the agenda of the Nuclearelectrica General Meeting of Shareholders requesting the introduction of a new investor into the shareholding of the company that develops the small modular nuclear reactor project from Doicești. Here is what is written in the convenor of the AGM: “Approving the conclusion […]
The spot price of electricity is almost zero today at noon on the Romanian market, against the backdrop of a higher supply than demand during those hours. The hourly market price for the next day for electricity traded yesterday with delivery today at noon is almost zero in the mid-day time intervals, according to data […]
The chemical company Chimcomplex Borzești, controlled by the local businessman Ștefan Vuza, has launched the tender for the high-efficiency gas power plant in cogeneration from Râmnicu Vâlcea, a project also financed by PNRR. The 108 MW plant will be ready at the end of 2025. “The general objective of the project is to achieve a […]
Although Europe has not yet lost its first-mover advantage, the US is a hair’s breadth behind. Grid orchestration, the dispatch of flexible clean tech assets, may prove key to maintaining Europe’s competitive streak. An early mover on the road to net zero, Europe and its Union have long enjoyed being an early adaptor and an […]
A new study from UK energy think tank Ember has found that in several countries the transmission grid plans are out of step with national plans. With this comes the risk that grid investments may be insufficient to deliver on the 2030 energy security and climate targets and need to be urgently addressed given the […]
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