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Energy & Environment
Romania’s government plans changes in renewable sector: The green certificates’ market is not working, says minister
Thursday, July 21, 2016
The minister of energy, Victor Grigorescu, says the government is currently working with the European Bank for Reconstruction and Development (EBRD) on several scenarios considering the difficult market conditions for the renewable industry, business-review.eu said. “Considering that the we don’t have a consensus, we have commissioned a study together with our colleagues from the EBRD to work on several scenarios and to come up in the ...
EurActiv: EU unveils national CO2 emission targets
Thursday, July 21, 2016
“These targets are realistic, fair and flexible,” EU Commissioner for Climate Action and Energy Miguel Arias Cañete said on Wednesday after the EU unveiled national targets for cutting greenhouse gases in ‘non-ETS’ sectors by 2030. Sectors like transport, buildings, agriculture, waste, and land-use are not covered by the EU Emissions Trading System but contribute to global warming. Today’s Effort Sharing ...
EDF scientific chief: A 100% renewable energy system is impossible
Thursday, July 21, 2016
Fossil-fueled power is still necessary to balance the intermittency from renewable electricity production. But costs are rapidly dropping, and the socio-economic drivers are in place to support the transition towards renewable energy, says Jean-Paul Chabard, Scientific Director for Research and Development at EDF, Europe’s largest electricity utility. Chabard spoke to Pavol Szalai, Senior Editor ...
EurActiv:Brexit’s impact on fracking and carbon storage under spotlight
Thursday, July 14, 2016
The UK’s Environment and Climate Change Committee (ECCC) has launched an inquiry to explore the implications for its climate policy of leaving the European Union, amid major concerns over the uncertain futures of shale gas exploration and carbon capture and storage (CCS). EurActiv’s partner edie.net ...
Moise, Patres: Who wants the bankruptcy of the renewables industry?
Thursday, July 14, 2016
The decision of the Regulatory Authority (ANRE) to reduce the share of subsidies to 8.3% of the energy produced for the renewable industry could send into bankruptcy smaller players, already struggling with negative yields for quite a while,energynomics.ro reads. Players in the market told energynomics.ro that there are wind projects already closing, without mentioning, though, which. Investors in renewables, who injected about 7-8 billion euros in Romania, found themselves ...
Renewable crisis in Romania: EUR 2 bln thrown out the window over legal changes, says Eric Stab
Thursday, July 14, 2016
Romania has attracted around EUR 7 billion worth of investments in the renewable sector between 2008-09 and 2013, but the losses in the sector are to the tune of billions of euros, according to Eric Stab, the president of the Foreign Investors’ Council, quoted by business-review.eu. “Based on the information available, out of those EUR 7 billion, there were already something like EUR 2 billion that were written off. Basically, money that unfortunately has already ...
Transelectrica and Transgaz have signed memoranda of understanding in Vietnam
Thursday, July 14, 2016
Romania's national electricity grid operator Translectrica and national natural gas transmission operator Transgaz have signed memoranda of understanding in Vietnam concerning future cooperation in areas of mutual interest. The Romanian Ministry of Economy says in a press statement that officials of the two companies were part of a ...
Iancu: Coal will never compete with other energy sources
Thursday, July 14, 2016
Coal is uncompetitive and this aspect was known when the previous energy sector legislation was drafted , in the early 2000s, says Iulian Iancu, chairman of the Industry and Services Commission from the Chamber of Deputies. “This law has not been amended since 2012 until today. In Romania’s energy mix, the manufacturer that have the highest cost for energy production, ie those using coal – are required to operate under exclusive market conditions that have been ...
PRIMARY ENERGY RESOURCES INCREASED BY 0.3% DURING 1.I – 31.V.2016
Thursday, July 14, 2016
During 1.I – 31.V.2016, primary energy resources increased by 0.3%, while those of electricity increased, as compared to the same period of previous year, by 2.9%. The main primary energy resources during 1.I – 31.V.2016 amounted to ...
CEZ Vanzare is providing energy for Renault Romania from July 1
Thursday, July 14, 2016
CEZ Vanzare is the official energy supplier for automobile producer Renault Romania, starting from July 1,business-review.eu informs. This is the first collaboration between the energy provider and Renault Romania since the launch of CEZ Vanzare in 2007. The company will distribute energy to Renault Romania’s main sites, the DACIA factories and Titu Technical Centre of Renault Technologie Roumanie. The annual energy consumption for the DACIA site reaches approximately 304 GWh ...
Maintaining the current level of oil and gas production in Romania requires annual investments of 1 billion euros
Thursday, July 14, 2016
Maintaining the current level of oil and gas production in Romania requires annual investments of 1 billion euros in the context in which production suffers a natural decline of 10pct, according to the desprepetrol.ro portal launched by the Romanian Association of Oil Exploration and Production Companies (ROPEPCA). The website brings together relevant data and figures about the Romanian oil sector to be better known by the public. According to the ...
DG Competition started an investigation into the Romanian gas market following a complaint filed by a Hungarian company
Thursday, July 14, 2016
The European Commission's Directorate General for Competition (DG Competition) started an investigation into the Romanian gas market following a complaint filed by a Hungarian company, sources from the energy sector told ...
Study: Half of thermal power plants among the most polluant in Europe
Thursday, July 7, 2016
Five of the 11 thermal power plants currently operating in Romania rank in Top 30 with highest impact upon health, says a report carried out by several environmental NGOs, released on Tuesday by Greenpeace Romania. According to the document called 'Europe's Dark Cloud: How ...
Official: Development of the 2016-2030 Energy Strategy of Romania is on schedule
Thursday, July 7, 2016
The development of the 2016-2030 Energy Strategy of Romania is on schedule, and in the period immediately ahead the Energy Ministry will select a consultant for the mathematical modelling of the data collected from public consultations, State Secretary with the Energy Ministry Corina Popescu said ...
MMAP opens in 2016 a line of financing worth 100 million lei dedicated to the waste management
Thursday, July 7, 2016
The Environment, Waters and Forests Ministry (MMAP) opens in 2016 a line of financing worth 100 million lei dedicated to the waste management, and 30 million lei for education and awareness, in an attempt to expedite the reaching of Romania's recycling target, namely a reduction of the waste to 50 per cent by 2020, minister Cristiana Pasca Palmer announced on Monday at the Local Public ...
Nuclearelectrica bought 120 tonnes of sinterable uranium dioxide powder from the Canadian company Cameco
Thursday, July 7, 2016
Nuclearelectrica, the operator of Romania's two nuclear reactors, recently bought 120 tonnes of sinterable uranium dioxide powder from the Canadian company Cameco, which covers the fuel needs for six months, Nuclearelectrica CEO Daniela Lulache announced in a press conference on ...
MOL Group Completes Acquisition in Slovenia
Thursday, July 7, 2016
* MOL Group is the third largest operator in Slovenia and is now in charge of 57 service stations * The acquired 17 Agip stations will be rebranded to MOL and the Fresh Corner concept will be also introduced * Retail network expansion further strengthens MOL Group’s leading role in CEE. Last week, MOL Group completed the acquisition of ENI´s Slovenian Downstream business. MOL and ENI signed a share-purchase agreement last year ...
Romgaz: new discovery in block RG 06 Muntenia Nord-Est “looks promising”
Thursday, July 7, 2016
Societatea Nationala de Gaze Naturale ROMGAZ S.A. announced a new hydrocarbon discovery on the Romanian territory in block RG.06 Muntenia Nord-Est, business-review.eu informs. Romgaz performs petroleum operations as sole titleholder of the Concession Agreement for Exploration-Development-Production. According to a press release, the discovery is located in the north eastern part of the Moesian Platform, in the 35 kilometers long Caragele structure. The structure has been explored for ...
Renewable energy: A simple strategy to regain global leadership
Thursday, July 7, 2016
The EU is no longer leading the global energy transition. To reclaim this position, it must stop prioritising fossil fuels and nuclear, increase energy efficiency and keep fossil fuels in the ground, argues for EurActiv.com Christine Lins. (Christine Lins is Executive Secretary of REN21, the global renewable energy policy network.) In 2007 Europe was at the forefront of the renewable energy ...
ANRE calculations show that we must pay more if we still want renewables
Thursday, July 7, 2016
National Regulatory Authority for Energy (ANRE) has calculated the annual mandatory quota of electricity produced from renewable energy, benefiting from the promotion system through green certificates, to 8.3% of gross final consumption of electricity, energynomics.ro informs. This level is the projected result if the current legislative situation is maintained and the anticipated trends in electricity consumption and production for 2017 confirm. The main element that was taken into ...