Energy

Romanian Minister Delegate for Energy, Razvan Nicolescu, is meeting with Enel representatives in Italy to talk about the announced sale of the domestic operations in the energy distribution sector. One of the most important topics is the sale of the 51 percent stake held in Enel Distributie Dobrogea, company which is regarded as a strategic asset, according to Nicolescu who advised the private sector not to submit any takeover offers as the State, through the companies it controls, is interested in take back control on those operations....more »

Germany’s Ministry of Environment supports the development of a 10 MW wind farm in Tomnatic, the Bihor County, through a financing of 3.9 million euro, according to a press release....more »

China General Nuclear Power Corporation (CGN) was declared eligible for continuing the investors’ selection procedure for the project regarding the completion of Units 3 and 4 of the nuclear power plant from Cernavoda. The Chinese corporation was the sole investor submitting the qualification documentation and will be able to access to the data room of this project, Nuclearelectrica announced through a press release....more »

Razvan Nicolescu, the Minister Delegate for Energy, today notified Romania’s Anticorruption Directorate (DNA) on loss of 7 million euro of the Romanian Authority for Nuclear Activities (RAAN) revealed by a report of the ministerial control body from August 19 on RAAN’s activity and contracts for coal processing in 2009-2013, the Department for Energy announces....more »

The state aid scheme aimed at supporting the large energy consumers by cutting down up to 85 percent of the green certificates (GCs) on the electricity bills could be approved by the EU Commission within the coming two weeks, Bogdan Chiritoiu, President of the Romanian Competition Council, told to Agerpres....more »

China National Electric Engineering Corporation (CNEEC) will run a project worth 271 million dollar for the refurbishment of Unit 4 at Deva thermal power plant, also developing the facilities for the operation of Units 3 and 4, reads Mediafax....more »

Razvan Nicolescu, the Minister Delegate for Energy, today met with a delegation from Enel led by Luca D’Agnese, member of the group’s board, in charge with international business. Talks treated Enel’s operations in Romania in the context of the announced sale of the domestic assets, reads a press release of the Department for Energy....more »

Prime Minister Victor Ponta attended the inauguration ceremony of the Iasi-Ungheni pipeline, along with his Moldavian counterpart, Iurie Leanca and Gunther Oettinger, European commissioner for energy. The project is aimed at providing the Republic of Moldova with an alternative to the gas supplied by Gazprom, thus ensuring a greater level of independence, as Moldavians will have access to gas providers from Romania....more »

Nuclearelectrica today announced the initiation of the procedure for selecting competitive investors to complete the project on the construction of Units 3 and 4 of the nuclear power plant from Cernavoda....more »

The Government announces that the price increase in natural gas delivered to households and scheduled for October 1 will most likely be deferred due to a dispute with EU Commission’s DG Enterprise on an alleged ban on natural gas exports from Romania....more »