Last week was a premiere for the biomass and biogas industry which was the center of debates within the ”Biomass, Biogas & Cogeneration Romania 2014 – National Conference”, the first event dedicated exclusively to this renewable energy sector in Romania, organized by GOVNET Conferences....more »

Constantin Nita, the Minister of Economy, said on Saturday, while visiting Targu-Jiu, that the procedures for creating the joint venture between the Oltenia Energy Complex and the Chinese company Huadian will be initiated within six weeks, according to Agerpres....more »

GOVNET Conferences continues the series of events dedicated to industries with high development potential and economic impact, this time bringing to the fore a new niche in the renewable energy market: biomass, biogas as green energy sources and cogeneration systems....more »

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Romania’s Energy Regulatory Authority has released a list of 15 economic operators that have not meet the 2013 mandatory quota of green certificates they had to acquire. As they failed to comply with the ANRE’s directive in that regard, they will have to pay some 528 lei/remaining GC, a price double than the upper limit trading set for the last year – approximately 264 lei....more »

Hidroelectrica has already sold all the energy that was budgeted for sale this year following yesterday’s bid on OPCOM, the Centralized Market of Bilateral Contracts when sold almost 920 GWh for 153 million lei (about 35 million euro). ...more »

Chevron received its second construction permit for a shale gas exploration well in Puiesti, Vaslui County. The local authorities have authorized the exploration project after more than half a year after starting the related procedures, Mediafax informs. Earlier this year, on January 30, the local Environmental Protection Agency issued an environmental permit for Chevron, authorizing drilling operations in the perimeter....more »

Hidroelectrica concluded 29 contracts for the sale of some 615.7 GWh, following bids on OPCOM (the Centralized Market of Bilateral Contracts) held on April 3 and 4, respectively, for an average price of 163.3 lei/MWh, consequently, the total value of those contracts comes to some 105 million lei....more »

CEZ considers the sale of a minority stake in the Fantanele-Cogealac wind farm in Romania, according to Reuters. The investment of 1.1 billion euro is the largest land-based one in Europe, having an installed capacity of 600 MW. The...more »

LUKERG Renew, a joint venture between ERG Renew (part of Italian group ERG) and LUKOIL- Ecoenergo (Russia), concluded a finance agreement with Raiffeisen Bank International AG and ING Bank NV for the 70 MW Gebelesis wind farm located in Galati region, according to a press release. The contract corresponding to the 67 million euro loan was signed through LUKERG’s subsidiary, Corni Eolian, and has a validity period of 11 years....more »