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Energy & Environment

Gas imports went up by 13% in first 4 months of 2024. Output went up by 1.1%

Thursday, June 20, 2024

Romania imported, in the first 4 months of 2024 a quantity of 493,200 tons of natural gas oil equivalent (TEP), 13% higher (+56,70) than in the same period of 2023, according to data centralized by the National Statistic Institute (INS).   The domestic natural gas output amounted to 2.569 million tep, 1.1% higher than the one of January-April 2023 (+28,600 ...

Crude oil production decreases by 3.8%, imports down by 20.2% in first 4 months

Thursday, June 20, 2024

  Romania produced, in the first four months of 2024, a quantity of crude oil of 903,900 tonnes of oil equivalent (toe), by 36,100 toe less (-3.8%) compared to that in the similar period of the previous year, according to data centralized by the National Institute of Statistics (INS).In the mentioned period, the imports of steel exceeded 2.18 million tep, being 552,400 tep below those recorded in January-April 2023 ...

MORE Enters The Romanian Renewable Market

Thursday, June 20, 2024

* MORE alongside Premier Energy Group bought two photovoltaic projects in Buzau   MORE alongside Premier Energy Group, through Alive Renewable Holding Limited, has acquired its first two new photovoltaic projects in Buzau County, with a total installed capacity of 86 MW and an additional 18-MWh energy storage capacity. The projects also contemplate the ...

Vestas to deliver a 192 MW full EPC turnkey project in Romania

Thursday, June 20, 2024

Vestas has received a firm order from First Look Solutions, a subsidiary ...

Shikun & Binui Invests In Wind Farm In Dobrogea

Thursday, June 20, 2024

A company controlled by the energy division of the Israeli company Shikun & Binui received the connection notice for a 376 MW wind farm.   The Green Energy Dynamic company received from Transelectrica the technical approval for connection (ATR) to develop a large wind farm of 376 MW in Constan?a county, the Gold-Wind wind power plant, according to data from the ...

Electricity resources down by 1.2%, production in photovoltaic power plants up by 50% four months into 2024

Thursday, June 20, 2024

 Primary energy resources decreased by 3.3%, and electricity resources decreased by 1.2% in the first four months, compared to the same period in 2023, the National Institute of Statistics announced on Friday.According to INS data, the main primary energy resources, in the first four months, totaled 10.29 million tons of oil equivalent (toe), down by 349,700 toe compared to the same period in 2023.Domestic production amounted to ...

EBRD: Supporting renewable investments in Romania

Thursday, June 20, 2024

EBRD lends €32 million for 192 MW onshore wind farm in Romania  First stage of Vifor wind project will generate over 550 GWh of renewable energy a year EBRD is a leader in green finance, strongly supports Romania’s renewables ...

Works begins on Romania's tritium removal facility

Thursday, June 13, 2024

Nuclearelectrica and Korea Hydro and Nuclear Power (KHNP) have held a ceremony to mark the start of work on what will become Europe's first tritium removal facility, at Romania's Cernavoda nuclear power plant, https://www.world-nuclear-news.org/ reads.   As a Candu pressurised heavy water reactor ages, tritium - an isotope of hydrogen - accumulates in its moderator and heat transport systems. Increased levels of tritium ...

Photovoltaic panels worth almost 7 million euros for municipalities and public institutions

Thursday, June 13, 2024

  The minister of Energy, Sebastian Burduja, signed 14 financing contracts for photovoltaic panels for municipalities and public institutions, the total value being almost 7 million euros, the ministry announced on Friday.The representatives of the ministry specify that the total value of the financed projects is 34.57 million RON (6.95 million euros), the total value granted from the Fund for Modernization being worth 29.014 million RON (5.83 million ...

OMV Petrom buys half of three Renovatio Renewable Energy Projects

Thursday, June 13, 2024

OMV Petrom acquired from Renovatio a 50% stake in three renewable energy projects totaling 130 MW.   This transaction complements the one announced at the beginning of this year for the acquisition of ...

Competition Council assessing Premier Renewable Invest's intention to take over Eolica Dobrogea One

Thursday, June 13, 2024

The Competition Council is assessing the transaction through which Premier Renewable Invest Co intends to take over Eolica Dobrogea One, according to a press statement released on Thursday.Premier Renewable Invest Co S.R.L., a holding company established for the purpose of taking over Eolica Dobrogea One S.A., is part of Premier Energy Group. Premier Energy Group is active in the production, trading and supply of electricity, in the marketing of green certificates, in the ...

OMV acquires Romania’s largest charging station network

Thursday, June 13, 2024

*The company targets operating 1,000 charging points for electric vehicles in the region, by the end of 2024.   OMV Petrom has completed the acquisition of Renovatio Asset Management, owner of the largest charging network for electric vehicles in Romania.   The transaction was approved by the Competition Council and the Commission for Foreign Direct Investment Screening. Renovatio currently operates over 400 ...

Ratification of Framework Agreement on establishment of International Solar Alliance, approved by Government

Thursday, June 13, 2024

  The Government approved, on Thursday, the ratification of the Framework Agreement on the establishment of the International Solar Alliance (ISA), signed by Romania in Dubai, United Arab Emirates, on December 3, 2023.According to a press release from the Executive, the ratification of this Framework Agreement will strengthen Romania's international cooperation with the member states of the International Solar Alliance."By associating with ISA and ...

PPC: RE Banat – tender of over 45 mln. lei for the modernization of the infrastructure in Cenad

Thursday, June 13, 2024

Retele Eelectrice Banat company, part of PPC Group in Romania, launched, through the public procurement information system, a procurement procedure for works for the modernization of medium and low voltage grids in Cenad, Timis County, for the benefit of approximately 1,600 inhabitants. The value of the tender is 45.2 million lei, without VAT.   “The need to invest in the resilience and modernization of electricity grids is a current and ...

ANRE: The tariff surge for system services by 40% will have little effect on bills

Thursday, June 13, 2024

The increase in the tariff for the purchase of system services will have a small effect on the electricity costs borne by the users, in the case of an annual household consumption of 1 – 1.5 MWh, the increase in the annual bill being a maximum of 3.7 – 5.5 lei/ year, informs the National Energy Regulatory Authority (ANRE).   “The tariff increase for the purchase of system services is 3.67 lei/MWh, from 9.17 lei/MWh, valid for the ...

The 66 MW Frumusita wind farm developed by Eurowind Energy has Received the construction permit

Thursday, June 13, 2024

The Danish developer and operator of wind, solar and hybrid projects, Eurowind Energy, obtained the construction permit for the Frumusita wind farm in Galati County. Planned to become operational by the end of 2025, the wind farm will integrate a total of 11 wind turbines and supply a total of 62.000 ...

Analyst: Europe's dependence on gas brings important price changes in any supply limitation

Thursday, June 6, 2024

Europe's dependence on natural gas, as high as before the crisis, brings important price changes to any supply limitation, says Dumitru Chisalita, chairman of the Smart Energy Association (AEI) in an analysis sent on Tuesday."Europe's dependence on energy imports has not changed significantly in recent years, with Europe remaining heavily dependent on energy imports. An incident at a gas pipeline in Norway has caused important price changes on the stock exchanges, just as ...

Eurowind Energy finalizes the initial foundation of the Pecineaga wind farm

Thursday, June 6, 2024

The Danish developer and operator of wind, solar, and hybrid projects, Eurowind Energy, finalized the first foundation of the 48 MW wind farm in Pecineaga. Scheduled to become operational in 2025, the wind farm in Constan?a County will incorporate a total of eight foundations corresponding to the eight turbines.   This significant achievement marks a crucial step in the progress of the renewable energy project, which involved a total investment of 79 ...

Restart Energy agrees grid connection for Romania’s second biggest solar park

Thursday, June 6, 2024

Agrovoltaics, a subsidiary of Romania’s Restart Energy group, has concluded an EUR 11.3 million grid connection agreement with transmission system operator (TSO) Transelectrica for the second largest solar park in the country. The 500 MW project will be financed by the US export credit agency, according to a statement from the company, https://balkangreenenergynews.com/ informs.   Restart Energy ...

Transgaz, energy min sign 6.8 mln euro financing contract

Thursday, June 6, 2024

Romanian gas transmission system operator Transgaz [BSE:TGN] said that it has signed a contract with the energy ministry to receive 33.97 million lei ($7.4 million/6.8 ...

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