The European Commission announced on Monday that it has approved, under EU state aid rules, Romania’s scheme, worth 500 million euros (2.5 billion lei), to support investments in new biofuel production capacities, it is stated in a press release from the Community Executive. Within the scheme, which Romania intends to finance through the EU Modernization […]
The Energy Regulatory Authority (ANRE) approved in this week’s Regulatory Committee meeting a package of licenses for the commercial exploitation of electricity production capacities totaling 62.37 MW, according to the data announced by the institution. ANRE approved three licenses for commercial exploitation this week, according to public data. This means that the 62 MW, which […]
Romania received a letter of delay from the European Commission, which does not represent a conviction or sanction but a call for clarification and adjustment of the national legislation, the representatives of the Ministry of Energy convey in a press release. “The infringement procedure started by the European Commission is at an early stage, in […]
Claudia Griech, general manager of E.On Energie Romania, one of the important suppliers of electricity in Romania, says that, following the model of the gas market, the authorities should also introduce a mandatory mechanism for offering electricity in the market, where to be obliged to the producers, in the context of the re-liberalization of the […]
The Ministry of Energy has initiated a Memorandum that brings together representatives of several institutions for a very clear definition of the vulnerable consumer, the one in energy poverty, announced, on Thursday, the competent minister, Sebastian Burduja, during a conference organized by the publication InvesTenergy. “We have initiated a Memorandum, it is on the last […]
The European Commission decided on Thursday to initiate a procedure for finding non-fulfillment of obligations by sending a letter of formal notice to Romania for limiting the freedom of market participants to set their wholesale prices for electricity and gas, as well as gas exports, shows in a communique of the Community Executive taken over […]
It is not normal for Eastern Europe to pay much higher prices for energy than Western Europe, as has happened in recent months, and that is why we have asked the European Commission (EC) for fair treatment and a functional energy union, he wrote, Wednesday, on Facebook, the Minister of Energy, Sebastian Burduja. “As I […]
The Export-Import Bank of the USA (EXIM) has approved a financial commitment of up to 99 million dollars in favor of the RoPower Nuclear S.A. company, to finance the development of the project with small modular reactors (SMR) from Doicesti, the company announced, through a statement. This commitment is part of an initial funding package […]
The Minister of Energy, Sebastian Burduja, signed another 26 contracts for the installation of photovoltaic panels at the level of town halls: “The Ministry of Energy offers all the support to local communities to develop new renewable energy production capacities for self-consumption. Thus, public administrations will become more energy efficient and will have a cleaner […]
The Competition Council authorized the transaction by which OMV Petrom S.A. took over the companies Intertrans Karla SRL, Bridgeconstruct SRL and ATS Energy SA. According to a press release from the competition authority, the OMV Petrom Group is active, in Romania, along the entire energy value chain: from the exploration and production of crude oil […]
The Ministry of Energy and the companies Rețele Electrice Muntenia and Rețele Electrice Banat (part of the PPC group in Romania) signed two new non-refundable financing contracts through the Modernization Fund, for projects aimed at electricity distribution infrastructure in Giurgiu and Caraş Severin counties, it shows a PPC press release. The two investment projects that […]
The Ministry of Energy announces the premiere, after two years of work, of the “Offshore Wind Roadmap for Romania” report, a study carried out by the World Bank, which highlights the impact and potential of the development of offshore wind energy in Romania, as well as the economic and social opportunities that this industry can […]
Romania has prospects of becoming the first country from the Black Sea to start offshore wind energy production and the target is that, by 2032, Romanians will benefit from the energy produced in the Black Sea, with an installed power of at least 3GW, says the Minister of Energy, Sebastian Burduja. At the Global Offshore […]
Rompetrol Rafinare, the operator of the Petromidia and Vega refineries, controlled by the national oil and gas company of Kazakhstan, KazMunayGas, obtained in court the right to be referred to the Constitutional Court regarding the exception of the unconstitutionality of the emergency ordinance by which the tax was imposed of solidarity. The company has already […]
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