Energy
February 12, 2016 12:32
Romania's dependency on energy imports is one of the lowest in the European Union reveals the Eurostat data released on energy consumption. The average energy dependency in the EU is around 53.4 percent, which means that the EU had to import more than half of the energy it consumed. The EU member states least dependent on energy imports were Estonia (8.9 percent), Denmark (12.8 percent) and Romania (17percent). The states that have the highest share of energy imports in 2014 are Malta with 97.7percent, Luxembourg (96.6percent) and Cyprus (93.4percent)....more »
January 13, 2016 14:26
The Romanian National Power Grid "Transelectrica" SA announced that Carmen Neagu, member of the company's Supervisory Board resigned as date of the end of 2015. Ms. Neagu has also served as Chairman of the Supervisory Board. Currently, the Supervisory Board operates with members in office at the date of the pres release signed by Ion-Toni Teau General Director and President of the Directorate....more »
November 27, 2015 14:22
The president of the National Energy Regulatory Authority, Niculae Havrilet announced that the price of electricity should decrease by 5 to 6 percent starting on 1 January, after the reduction of distribution tariffs and cogeneration bonus while gas will also become cheaper with effect from 1 July 2016. "Electricity tariffs will decrease from 1 January as distribution tariffs will contribute to the decline in the final price” said the head of ANRE. As regards the gas sector, Havrileţ showed that rates will be changed from July 1, 2016....more »
October 19, 2015 16:26
Romania plays an important role in the regional energy market and it might soon become even more relevant in this regard....more »
October 19, 2015 14:52
OMV Petrom is planning to sell the 45 MW windmill park it owns in Dobrogea, Romania...more »
October 16, 2015 13:22
Following a trend set by RCS&RDS and Telekom Romania, AKTA now wants to become an alternative provider of energy...more »
October 14, 2015 15:17
According to an October 14th Romgaz press release, the company along with PanAtlantic and Lukoil have made an important natural gas deposit discovery....more »
October 06, 2015 11:44
Construction of reactors three and four of the Cernavoda Nuclear Power Plant in Romania might begin in two years...more »
October 06, 2015 11:25
Romanian Minister of Energy, Andrei Gerea stated on October 5th that Hidroelectrica might be listed in the stock market in 2017...more »
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