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Energy & Environment
EU forges deal on coal phase-out, with special Polish clause
Thursday, December 20, 2018
European Union legislators reached agreement in the early hours of Wednesday (19 December) over a proposed reform of electricity market rules that includes a 2025 cut-off date for coal subsidies, and a special clause for Poland, euractiv.com informs. After marathon talks that started at 10:30am on Tuesday, EU negotiators finally reached agreement on the reform of Europe’s electricity market shortly after 01:00am the following ...
Hidroelectrica ended the 18.2 million lei investment for the modernization of the Beresti HPS
Thursday, December 20, 2018
Hidroelectrica has completed the retrofit of the hydro-aggregate 2 from the Beresti power plant, after carrying out modernization works worth 18.2 million lei, made by Hidroserv. Modernization has introduced state-of-the-art technological solutions to improve the overall operating parameters, increase the automation degree and safety of the HPP. “Today we live an important moment on the first day of a new technological ...
Patres: Romania steps backwards regarding renewable energy
Thursday, December 13, 2018
Romania steps backwards regarding renewable energy, to be present with the European Commission with a target, assumed in the project Energy Strategy of only 27.9% at the horizon of 2030 much under the level of 32% established for the whole European Union. PATRES – the Organisation of Energy Producers of Renewable Sources in Romania says that, on the basis of long-term Strategy for decarbonisation of the EU economy until 2050, Europe will have to ...
Up to Jan 28, Transgaz is waiting bidders for the 400 mil lei Onesti-Letcani gas pipeline
Thursday, December 13, 2018
The bid for realization of the gas pipeline between Onesti-Gheraesti-Letcani was launched on the Electronic Procurement System, energynomics.ro informs. Transgaz’ committed amount is 317, up to almost 411 million lei. The investment is part of the project “Developments of ...
Enel has invested EUR 400 million in electricity grids in Muntenia, Banat and Dobrogea over the past five years
Thursday, December 13, 2018
The E-Distributie companies, part of the Enel group, have invested EUR 400 million in the last 5 years in the grid in Muntenia, Banat and Dobrogea areas, with equipment made in Romania, http://business-review.eu reports. In this region, the company has 2.8 million customers. The company further improved the distribution service quality according to January-October 2018 data, following investments in grid ...
Energy consumption in Romania advances 1.8pct, Jan.-Oct. 2018
Thursday, December 13, 2018
During 1.I – 31.X.2018, primary energy resources increased by 1.6%, while those of electricity stood at the same level as compared to the same period of previous year Final electricity consumption in Romania increased in the first 10 months of 2018 by 1.8 percent compared, y-o-y, totalling 46.087 billion kWh, according to data released on Wednesday by the National Institute of Statistics (INS).Public ...
European Commissioner Vella: People are the cause of climate threats; we have to fix them
Thursday, December 13, 2018
Climate threats are caused by people, and that is why we have the responsibility to repair what we have done, European Commissioner for the Environment, Maritime Affairs and Fisheries Karmenu Vella said at the presentation conference of a model of a new centre of excellence in environmental protection.He said that this is his third visit to Romania, that he came as a commissioner, but he is a friend of Romania. He added that it is an honour to be in such a ...
În 2019, Bucharest’s green-certified real estate project owners may receive tax incentives
Thursday, December 13, 2018
2019 could bring a series of significant changes on the Romanian real estate market, and it could be a year of transformation taking into account the most important trends regarding the green certification segment. ”At the beginning of this segment’s development, 10 years ago, obtaining a sustainable certificate was in most cases a marketing decision for office project developers. But in recent years and at this moment it has become a cost ...
Rising coal consumption and flailing renewable energy investment - is climate change unavoidable?
Thursday, December 13, 2018
? Carbon dioxide emissions hit all-time high, as in particular, coal consumption accounts for almost 50% of energy related carbon dioxide emissions ? The world-wide ‘coal-fired generation’, is expected to continue increasing by up to 10% from now until 2027 ? Global investment in clean energy, in the third quarter of 2018 was US $67.8 billion, which represents a 6% drop, in comparison to the ...
Oil companies request gas royalties according to Romanian not Austrian price
Thursday, December 6, 2018
Oil companies request authorities to modify laws in the field so that the reference price of gas, according to which royalties are calculated, should take into account transaction prices in the local market, according to a press release of the Oil and Gas Patron Federation (FPPG). At present, according to an order of the National Agency for Mineral Resources, issued early this year, the reference price of gas is calculated according to the market price ...
Green energy producers propose 35% share of renewable energy in Romania by 2030
Thursday, December 6, 2018
The Employers’ Organization of Renewable Sources of Energy in Romania (PATRES) expresses its deep concern over the decisions of the Romanian authorities regarding the future of renewable energy in Romania, as reflected by the draft National Energy and Climate Plan, romania-insider.com informs. The European Commission will most likely recommend to Romania to revise its Energy Strategy and the Integrated ...
World Bank Group Announces $200 billion over Five Years for Climate Action
Thursday, December 6, 2018
The World Bank Group announced last Monday a major new set of climate targets for 2021-2025, doubling its current 5-year investments to around $200 billion in support for countries to take ambitious climate action. The new plan significantly boosts support for adaptation and resilience, recognizing mounting climate change impacts on lives and livelihoods, especially in the world’s poorest countries. The plan also represents significantly ramped up ambition from the ...
E-DISTRIBUTIE COMPANIES CONTINUE TO IMPROVE SERVICE QUALITY TO BENEFIT CUSTOMERS
Thursday, December 6, 2018
E-Distributie companies, which are the best performing distribution operators in Romania, further improved their service quality according to January-October 2018 data, following investments in grid modernisation aimed at benefitting customers. For the first 10 months of this year, data collected by ANRE showed a further reduction, compared to last year, of the System Average Interruption Duration Index (SAIDI), the leading indicator related to the ...
Eldorado Gold claims its Romanian Bolcana mining project contains 6.5 million ounces of gold and 686,000 tonnes of copper
Thursday, December 6, 2018
Canada-based mining group Eldorado Gold said that its Romanian Bolcana mining project contains 6.5 million ounces of gold and 686,000 tonnes of copper, http://business-review.eu informs. “Our updated Mineral Reserves and Resources remain materially unchanged from December 2017 due to our conversion drilling and exploration success. We have increased our Inferred Mineral Resources at Lamaque and Stratoni, ...
EY anticipates rapid spread of decentralized renewable energy generation in Romania
Thursday, December 6, 2018
A surge in gas and renewables deals in the third quarter of 2018 saw global power and utilities year-to-date deal value rise to a record US$241.8b, according to the EY Power transactions and trends: Q3 2018 (PTT). Despite ongoing ...
EU slows down in race for renewables, energy efficiency
Thursday, December 6, 2018
Progress on renewables and energy efficiency is slowing across the EU, mostly due to rising energy consumption in transport, according to latest data from the European Environment Agency (EEA) quoted by euractiv.com. Renewable energy represented 17.4 % of the total energy mix in 2017, up from 17% the year before, according to preliminary data from the EEA, published on Monday (26 November). Although the EU as a whole ...
COP24: We have solutions, now we need to stand united on climate action
Thursday, December 6, 2018
This month, all eyes are on the Polish city of Katowice, where the global climate community is meeting for COP24. Katowice is an important step to make the Paris Agreement a success by defining a robust transparency and accountability system to track progress towards the long-term goal, writes Bernard Respaut în euroactiv.com. Bernard Respaut is the chief executive of the European Copper Institute. The summit ...
Sterian (Transgaz): The BRUA pipeline has no connection with the gas in the Black Sea
Thursday, November 29, 2018
The BRUA gas pipeline will be finalised on 31 December 2019and it will have no connection with the gas in the Black Sea but it will transport resources coming from the Caspian area through the trans-Adriatic pipeline and through the vertical corridor, stated on Wednesday the general manager ofTransgaz Ion Sterian,present at Aspen Energy Summit which took place in Ploiesti.‘On 31 December 2018 we will have the first finalised station, that in Jupa, one ...
Bucharest will host next year the Conference for the Strategic Plan regarding technologies in energy
Thursday, November 29, 2018
Bucharest will be between 12-14 June 2019 the host of the Conference for the Strategic plan regarding technologies in the domain of energy (SET)where almost 650 local and regional leaders, one of the objectives of the event being to improve the visibility of the Energy Union,announced on Friday the European Commission. Other objectives are the exchange of ideas and good innovative practices for the development of sustainable solutions for ...
Wind energy secures a quarter of national electric production; Romania exports approx. 600 mw
Thursday, November 29, 2018
Wind turbines accounted for 23.5 percent of total national production on Wednesday morning at 11.30 am, being ranked first among the top electricity sources, while country exports approached 600 MW, according to data on the state of national energy system state, posted in real time on the Transelectrica website.At that time, wind power generation in the wind turbines was 2,242 MW.The coal takes the second place in the ranking of production resources ...