OMV Petrom, the largest integrated energy producer in South-Eastern Europe, in partnership with the Oltenia Energy Complex (CE Oltenia), announces the signing of design and construction contracts for four photovoltaic parks, according to a press release.
Delgaz Grid, the distribution company of the E.ON Romania group, made investments of over 846 million lei (about 171 million euros) in the natural gas and electricity distribution networks last year, and for the current year it has planned a record amount of 1.265 billion lei (250 million euros), over 46% more than in 2024. […]
Greenvolt Next, companie specializată în Generare Distribuită și parte a Grupului Greenvolt, un lider global în sectorul energiei regenerabile, a semnat un Contract de Achiziție a Energiei (PPA) pentru dezvoltarea și mentenanța unui sistem fotovoltaic de 550 kW la Centrul Agro Transilvania Cluj SA, acoperind o treime din necesarul anual de energie și permițând economii […]
The Energy Regulatory Authority (ANRE) has published a draft order that further regulates the situation in which the customers of a large supplier would be left without an electricity supplier. Thus, if there are many customers in this situation, they end up being “divided” between several suppliers of last resort (FUI), different from the current […]
Following an in-depth investigation, the European Commission has approved, under EU State aid rules, a revised Belgian support measure for the lifetime extension of two nuclear reactors, Doel 4 and Tihange 3. The Belgian measure Under the Belgian nuclear phase-out law of 2003, all seven nuclear reactors in Belgium had to be closed by 2025. […]
Vaslui will produce electricity on another 42 hectares of wind farms, within the framework of two new private investment projects, which are to be developed on 32 and 10 hectares, respectively, announced Laurențiu Alexandru Păștinaru, president of the National Environmental Protection Agency (ANPM). The Environmental Agreements for the implementation of the two projects will be […]
Romania’s usable natural gas production in 2024 was 7.57 million tons of oil equivalent, 0.9% more than in the previous year (plus 70,700 toe), according to data centralized by the National Institute of Statistics (INS). On the other hand, last year imports decreased by 13.9% (minus 294,800 toe) compared to 2023, to 1.821 million tons […]
“The energy transition is happening,” the CEO of the largest energy company in Southeast Europe said clearly. Petrom will not change its investment approach for now after last year updating its strategy to focus on going even greener. This is despite the fact that European giants like Shell, BP or Equinor seem to be doing […]
Representatives of the two companies interested in the Tarnița-Lăpuștești pumped storage hydropower project, with which the Romanian Government also signed a memorandum last year, were at Transelectrica to obtain data on the project’s feasibility. “There are discussions on the Tarnița pumped storage hydropower project. Minister Burduja strongly supports this project, and two weeks ago I […]
OMV Petrom Group posted a net profit increase of 4% last year, to 4.2 billion lei, but the operating result CCA excluding special items decreased by 52%, to 5.7 billion lei, amid lower commodity prices and a negative impact of the regulatory environment on the gas and power activity. According to a press release from […]
The European Bank for Reconstruction and Development (EBRD) is supporting Poland’s renewable energy development by extending a €200 million loan to finance the construction and development of the Baltica 2 offshore wind farm. The EBRD’s financing is provided through a consortium of international and local commercial lenders, the European Investment Bank, Bank Gospodarstwa Krajowego and the Export and […]
The Ministry of Energy has launched a broad process of streamlining and restructuring state-owned companies in the field, targeting total savings of over one billion lei, without affecting the smooth functioning of production activity and ongoing investment plans, according to a press release sent to AGERPRES on Tuesday. ‘In the context of the need to […]
An 85 MW wind farm project in the Moldovan region is set to receive a construction permit from the Energy Regulatory Authority, one of the last pieces of paperwork required before construction can begin. “Draft decision and report on the granting of the Construction Permit requested by BORZEȘTI WIND SRL for the construction of the […]
77 new renewable energy capacities with a total capacity of 950 MW were put into operation last year, ANRE shows. This year, a tripling of the newly installed capacity is estimated. According to reports from network operators, in 2024, 77 projects for the production of electricity from renewable sources, with approved discharge powers greater than […]
