Govnet

Green energy is the future in Prahova

Two days following the inauguration of a photovoltaic park in Magurele, Prahova, the County Council announced that a solar plant intended to ensure the energy independence in the area is going to be established in Cornu. The project is based on European funding through the POS CCE program (Operational Program 'Increase of Economic Competitiveness ) - Priority 4 – increase of energy efficiency and supply security in the context of climate change - and the afferent contract was signed yesterday by the local authorities.

Chevron received the permit to start shale gas exploration in Vaslui

Chevron got a construction permit for placing the first gas shale exploration well in Romania, upon state-authorities approved the soil exploration in Silistea, Vaslui, transmits Mediafax. Having the authorization from the Vaslui County Council after providing the required documentation, Chevron is going to start setting up the exploration well in the area.

Energy

ANRE caps power distributors' ROR at 8.5% until 2018

Romania's energy market regulator, ANRE, capped at 8.5% the rate of return (ROR) applied to investments made by electricity suppliers, cutting down on the previous rate of 10%. The new rate will apply both to the value of investments distributors in this field will make from now on and to the regulatory asset base for power distribution.
Nonetheless, there might be added another 0.5% to the new ROR, provided the distributors direct their investments in smart energy and their technological consumption goes below the threshold established by ANRE.

Local businessman invests 10 million Euros in a 6.65 MW solar park

Italy’s Nordelectrica Impianti was selected to build a 6.65 MW photovoltaic park for Productie Energie Verde, a company owned by local businessman Vladimir Cohn.

The project will generate electricity that will be used by another company owned by Cohn, corrugated board producer Ecopaper and the surplus will be sold on the market.

Green energy is the future in Prahova

Hidroelectrica keeps the upward trend

Chevron received the permit to start shale gas exploration in Vaslui

Over 40% of Romania's electricity consumption, due to renewable energy

Enel Green Power connects its third photovoltaic plant to the domestic grid

ANRE caps power distributors' ROR at 8.5% until 2018

ANRE President: The liberalization of electricity prices has no significant adverse effects

Local businessman invests 10 million Euros in a 6.65 MW solar park