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Energy & Environment
Climate finance short by $5 trillion, study reveals
Thursday, June 16, 2016
A further $5,300 billion of investment is needed to stabilise the concentration of CO2 in the atmosphere below dangerous levels, according to a study by Bloomberg New Energy Finance, an energy consultancy. EurActiv’s partner Journal de l’Environnement reports. Many observers have suspected all ...
EurActiv: High expectations for EU efficiency laws as Sustainable Energy Week begins
Thursday, June 16, 2016
* The European Commission is under pressure to keep its promise that 2016 will be the “year of delivery” for its Energy Union strategy to fight climate change and boost the import-addicted bloc’s resistance to shortages. The executive is expected to lay out the legislative framework that will increase energy efficiency across the bloc this autumn. Revisions to the Energy Efficiency Directive and the ...
SOCAR opens 34th filling station in Romania
Thursday, June 9, 2016
Azerbaijan’s oil giant SOCAR expanded the network of its filling stations in Romania. Currently the number of the company’s facilities in Romania amounts to 34. The new filling station was launched in the city of Pitesti. SOCAR operates filling stations under its brand in 17 regions of Romania. Being the sole producer of oil products in Azerbaijan, SOCAR also operates its filling stations in Georgia, Ukraine and ...
Romania could expand gas supply infrastructure to Hungary in 2 years
Thursday, June 9, 2016
The ministry of Economy, Costin Borc, and the ministry of External Affairs and Trade, Peter Szijjarto, discussed within the meeting of ministries of China and the Central and Eastern Europe from Ningbo, China and agreed that in the next two years Romania will finish the necessary investments to supply natural gas to Hungary, business-review.eu reports. Morover the two ministers agreed to raise the number of passing points of the border between Romania ...
Energy Minister: the gas market liberalization calendar should be grounded on a study
Thursday, June 9, 2016
The suspension of the gas market liberalization calendar should rely on a technical analysis, otherwise the issue only generates false debate, Energy Minister Victor Grigorescu told a specialist conference on ...
CEZ Romania to add “two or three charging stations” to its portfolio
Thursday, June 9, 2016
Utility company CEZ Romania said it would be adding more charging stations for electric cars in all major cities in the areas where the company distributes electricity, business-review.eu reads. “We will definitely expand our charging stations network this year, but the decision will take into account the state of the market. It would be good to have another 2 to 3 stations. We plan to have a charging station at all our offices that are ...
1,599 green certificates traded in the first five months of 2016
Thursday, June 9, 2016
The figure of the green certificates traded in the first five months of 2016 on the Centralized Green Certificates Market (PCCV) went up to 1,599 units, around 22.5 times smaller than the similar period of 2015, when some 35,875 units were traded, according to data released ...
EC lists Romania with 16 environmental infringement procedures
Thursday, June 9, 2016
The European Commission currently lists Romania with 16 environmental infringement procedures, of which two are already settled by legislation on the acquis, Minister of Environment, Waters and Forests, Cristiana Pasca Palmer told Agerpres in an ...
EU to vet member states’ gas deals with Russia
Thursday, June 9, 2016
The European Council decided on Monday (6 June) that gas-related intergovernmental agreements (IGAs) between member states and third countries would be vetted by the Commission before they are signed. For non-gas related IGAs, a lighter procedure will apply, EurActiv.com reports. Meeting in Luxembourg, the energy ministers of the member states gave their green light to a deal which has been in preparation for more than a year, and which was triggered ...
Romania May Have to Give Priority to Gas, Power Supplies to Bulgarian, Greek Households in Crisis
Thursday, June 9, 2016
Romania, the country in southeastern Europe least dependent on energy imports fromRussia, may have to supply electricity and natural gas to households in Bulgaria and Greece in case of energy crisis in the region at the expense of Romanian industrial consumers, according to news website profit.ro quoted by novinite.com. The proposal for energy supplies, which aims to impose the principle of energy solidarityin the EU, ...
Renewable energy: How Europe can reinforce its leadership
Thursday, June 9, 2016
Europe started the renewable energy revolution but is no longer its main driver. A more ambitious decarbonisation policy would benefit innovative companies, boost the economy and protect the environment, writes Christopher Burghardt for EurActiv.com. (Christopher Burghardt is First Solar’s Vice President of Business Development for Europe. He also serves on the Board of Directors of Solar Power Europe.) EY’s recently ...
Government committed to grant support mechanisms for reactors 3, 4 of Cernavoda plant
Thursday, June 2, 2016
The Government approved at the beginning of this year a support letter that certifies the fact that the project for reactors 3 and 4 of the Cernavoda nuclear plant is a priority strategic project for Romania and that it can be implemented only with the support of the state, said, on Thursday, Daniela Lulache, CEO of Nuclearelectrica, the state-owned company administrating nuclear energy, during a conference on the topic of Romania's nuclear ...
Nuclear industry hails project of Cernavoda nuclear plant
Thursday, June 2, 2016
Romanian nuclear industry on Monday hailed the project of reactors 3 and 4 at the Cernavoda nuclear plant, stressed that this project will bring some 16,000 news jobs. The project would result in raising the share of nuclear energy to 30-32 percent in the national energy mix, which would be beneficial for Romania, the Romanian Atomic Forum (ROMATOM) said in a release sent to ACTMedia.. It added that the nuclear energy is part of ...
Official: Nuclear energy will continue to be part of the national energy mix
Thursday, June 2, 2016
Nuclear energy will continue to be part of the national energy mix, as Romania is among the countries supporting the nuclear energy production on a European level, Secretary of State with the Energy Ministry Corina Popescu told a conference on Romania's nuclear programme on ...
Reuters: Low demand, Russian imports challenge Romania gas business
Thursday, June 2, 2016
Romania's falling gas consumption and cheap imports from Russia are key challenges for local producers this year, leading gas company Romgaz SA ROSNG.BX said on Monday, quoted by Reuters correspondent.. "It's a tough year, the market it's pretty difficult for producers and business decisions are pretty hard to take," Romgaz's General Director Virgil Marius Metea said at the Reuters Eastern Europe Investment ...
Bulgaria, Romania to Construct Back-up Gas Pipeline Under Danube
Thursday, June 2, 2016
Bulgaria and Romania will construct a back-up natural gas pipeline under the Danube river, novinite.com informs. This was announced by the transmission system operator in Bulgaria – Bulgartransgaz on Tuesday. In the beginning of April, Bulgartransgaz and its Romanian counterpart Transgaz signed a contract for the construction of the main gas pipeline of the Danube river undercrossing. In addition to the main pipeline, ...
KazMunayGas: Dispute with Romanian government on Rompetrol will not prevent sale of shares to Chinese company
Thursday, June 2, 2016
The litigation with the Government of Romania will not affect the sale of 51 percent of the shares of the Rompetrol Company to China's CEFC, KazMunayGas vice chairman of the Board Daniyar Berlibayev says, according to the Kazakh news website Informburo.kz. CEFC and state-owned KazMunayGas of Kazakhstan (owner of Rompetrol) agreed in April on the sale of 51 ...
Transgaz, French natural gas transmission system operator GRTgaz sign collaboration agreement
Thursday, June 2, 2016
Romanian natural gas transmission operator Transgaz has signed a cooperation memorandum with its French counterpart, GRTgaz, that will help implement the European energy strategy in Romania, according to press statement from the French Embassy in Bucharest on Friday. The collaboration agreement was signed on May 25, under the high aegis of the Embassy of ...
Super-excise on fuels has brought this year 10 million lei to the state budget
Thursday, June 2, 2016
Super-excise on fuels has brought this year 10 million lei to the state budget, in only four months, as compared to 30 million lei in 2015, on Sunday told the private broadcaster Digi 24 the Public Finances Minister, Anca ...
Eurostat: Romania's households paid the lowest average price in the EU for natural gas
Thursday, June 2, 2016
Romania's households paid the lowest average price in the EU for natural gas (3.4 euro per 100 kWh) in H1 2015, less than half of the EU28 average (of 7.1 euro per 100 kWh), shows data released on Friday by the European statistical office ...