ArcellorMital Galati has invested over 7 million euro to refurbish a set of turbine blowers as part of ArcelorMittal Europe’s "Energize" Project, aimed at reducing energy consumption by 15 percent over the next five years....more »

Seen as a fundamental solution to improve energy efficiency, modern lighting is also an extremely important tool to increase operational efficiency. Thus, given that Romania has committed to align to European standards in terms of energy efficiency, the implementation of modern lighting projects becomes a priority, especially in the segment of public lighting....more »

The five preliminary offers submitted during the pre-qualification stage for the 1-billion euro hydropower project located in Tarnita-Lapustesti belong to Chinese investors. ...more »

Chevron announced it is giving up the shale gas operations in Romania, after a similar decision was taken with respect to Poland, thus exiting the European shale gas market, reads the Wall Street Journal....more »

Hidroelectrica, represented by its judicial administrator Euro Insol, won the lawsuit against Elsid Titu, as the Bucharest Court rejected the appeal filed by the latter against the enforcement of a force majeure clause in relation to the electricity supply contract with Hidroelectrica....more »

Recolamp Association collected and recycled 476 tons of lighting equipment waste last year, level similar to 2013, meeting again the European target of 40 percent calculated based on the average volume put on the market over the past two years by...more »

A strategic component of the National Energy System (NES), the hydropower sector is strongly affected by the burdensome taxes, such as those on special constructions, water use or the lease price for low river beds, as well as by the problems caused by an unstable legislative framework or the trading of green certificates. ...more »

Hidro Tarnita, the company in charge with the development of the hydropower plant located in Tarnita-Lapustesti, the Cluj County, received five preliminary offers from investors interested to engage in the 1-billion euro project. The deadline for submitting pre-qualification documents required in this first phase of the selection process was January 30, 2015....more »

Slovakia's pipeline operator Eustream will sign a Memorandum of Understanding with its counterparts in Romania and Bulgaria on a gas pipeline project aimed at reducing Balkan reliance on Russia, according to Reuters....more »

Romania needs consistent investments in the energy sector in the coming ten years, as well as a transparent and stable strategy for being competitive on the regional market, as although the existing power production capacities are enough to secure the electricity demand, many of them are highly inefficient, according to the Romania Strategic Energy Market Outlook 2014 – 2025 report issued by AT Kearny for Fondul Proprietatea....more »