Under a government resolution, power and heat producers and administrative - territorial units / intracommunity development units that produce electricity from renewable sources have a total of 100.6 million euro worth of state aid allocated for the next 4 years.  The implementation of the state aid scheme is aimed at increasing the use of less common energy sources by growing the share of renewable energy of the total primary energy consumption and cutting carbon emissions by partly replacing fossil fuels (coal and gas), the government said in a release.  The carrying out of these projects is intended to increase the installed biomass, biogas and geothermal power and heat capacity by 60 MW....more »

The main amendments brought by EGO will be the elimination of validity period of only 12 months for the green certificates. Basically, these will be valid for the entire period of the support scheme operation, until 2032. The mandatory qu...more »

The liberalization of Romania's domestic gas market will come into effect on April 1, according to the Government's Emergency Ordinance No. 64/2016, as there are no technical arguments for the move to be postponed once again, declares the Energy Ministry in a press release. According to the release, following the parliamentary debate on the gas market liberalization beginning April 1, 2017 as per OUG No. 64/2016, but also following the note of the Lower House Committee on Services and Industries regarding the postponement of the liberalization's coming in force, the Energy Ministry had several discussions with the Government, Parliament and the European Commission....more »

The Association of Electricity Suppliers in Romania - AFEER expresses concern about the current situation on the energy market, namely the very large increases in electricity prices on the spot market exchange OPCOM. ...more »

The number of green certificates traded in January 2017 on the Green Certificates Centralized Market (PCCV) amounted to 6,371 units, a figure seven times bigger than that of the similar period last year, when 906 units were traded, according to data released by OPCOM, Romania's electricity and natural gas market operator.  In January, 56 sales offers and seven buying offers were launched, at a price of 132.404 lei per certificate....more »

Largest oil and gas producer in South East Europe, OMV Petrom together with Romania's largest energy distributor Electrica inaugurated yesterday the first out of six pilot fast charging stations dedicated to electric cars. ...more »

Martin Zmelik, CEO CEZ Romania unveils the approach to energy efficiency and the challenges of a liberalized market What are in your opinion the main current challenges in implementing the efficiency programs in Romania? For us, the main challenges in implementing the efficiency programs were related mainly to the legislation provisions: on one hand we were pending on them, on the other we had to explain them to our potential partners.  But we surpassed the challenge and managed to perform in this area also. Our commitment for a long-term partnership to the municipalities took the shape of ESCO services resulting in public lightning cost optimization, energetic audit and management for long term sustainable savings....more »

OMV Petrom, the largest oil and gas producer in South-Eastern Europe and Mazarine Energy Romania S.R.L., a fully owned Romanian subsidiary of Mazarine Energy announce that parties have reached agreement on the transfer of 19 onshore oil fields plus three workover rigs and associated crews to Mazarine Energy Romania S.R.L. for an undisclosed purchase price. ...more »

Romania's energy security and strengthening US investment in the Romanian energy sector were the main topics of discussion in the framework of the fifth meeting of the Task Force for the implementation of the Strategic Partnership Romania - US. "We have a common interest in supporting BRUA pipeline construction, for which Romania has already achieved important European financing, or interconnection with Moldova for natural gas. ...more »

The Board of Directors of Electrica SA has appointed Dan Cătălin Stancu to the position of CEO, who will assume this responsibility as of October 24, 2016 informs the company in a press release. Dan Cătălin Stancu succeeds as CEO Iuliana Andronache - CFO, who assures the interim since March 2016. ...more »