RSS
Energy & Environment
Only 36,618 green certificates traded in 2015
Thursday, January 14, 2016
The number of green certificates traded on the Centralized Market of Green Certificates, managed by OPCOM (the operator of Romania's electricity and natural gas market), dropped last year by over 73 times to 36,618 certificates compared to over 2.675 million ones traded in 2014. According to data posted on the OPCOM website, 98pct of all transactions with green certificates were made in the first four months of 2015, whilst in May, June and July there ...
Energy Ministry to follow the possible exchange of assets between OMV Petrom and Gazprom
Thursday, January 14, 2016
The Energy Ministry will closely follow, in the coming period, the topic on the possible exchange of assets between OMV Petrom and Gazprom, said Energy Minister Victor ...
Hidroelectrica received a 4.6 million euros fine for damaging energy trading contracts
Thursday, January 14, 2016
Hidroelectrica received a sanction of about 20.44 million lei (4.6 million euros) from the Competition Council (CC), together with 10 business partners, related to conclusion of cartel deals in production and sale of electricity, announces the competition authority. The investigation started in 2012, energynomics.ro reports. Hidroelectrica, Elsid and Electrocarbon admitted committing the facts and received reduced fines. The total fines in this case ...
Lenders demand for the bankruptcy of RAAN
Thursday, January 14, 2016
Creditors of Autonomous Administration for Nuclear Activities (RAAN), a company that is insolvent since September 2013, asked the Mehedin?i County Court for its bankruptcy. The Court shall take a decision on January 28, writes Mediafax. When it became insolvent, RAAN had debts of 1.2 billion lei. Since the company has no producing activity, prolonging the insolvency have nothing to save, emphasizes RAAN’s ...
EurActiv: Putin and Renzi discuss ‘potential energy projects’
Thursday, January 14, 2016
Russian President Vladimir Putin discussed the situation in Syria, and potential energy projects, with Italian Prime Minister Matteo Renzi last Friday (8 January), the Kremlin said. Last month, Rome briefly held up extending EU sanctions on Moscow. The move was interpreted as further proof of the special relationship between Rome and Moscow. The two leaders "confirmed the importance of continuing joint work in the ...
European carbon market slumps after COP 21
Thursday, January 14, 2016
The Paris climate agreement failed to have the desired impact on the European carbon market. Prices have fallen on the EU’s Emissions Trading System (EU ETS) since the agreement was signed in December, EurActive France reports. The price of European Emissions Allowances (EUA), a carbon quota system used by 12,000 industrial sites, fell to €7.60 per tonne of CO2 on Thursday (7 January), its lowest level in six months. Before COP21, ...
The Constanta county produces most green energy and Salaj – the least
Thursday, January 7, 2016
The Constanta county leads the top of the counties where most renewable energy is produced with an installed capacity of over 1,639 MW followed by Tulcea and Giurgiu while at the other end there is Salaj, Ilfov and Covasna where there is less than 10MW installed, according to a document of Transelectrica. Thus, the Constanta county is champion in wind energy, with turbines of 1,636 MW and 3.5 MW are photovoltaic panels. The neighbouring county Tulcea ...
Renewable energy hit an aggregate 5,127 MW capacity at the end of November 2015
Thursday, January 7, 2016
Renewable energy facilities hit an aggregate 5,127 MW capacity at the end of November 2015, shows data centralized by power grid operator Transelectrica. Thus, there were four wind farms with a capacity of 3,129 MW connected to the system, the ...
In the first eight months of 2015, ENEL implemented less than half of the investments projected for the entire year
Thursday, January 7, 2016
More complex investments start during the year, but are only completed towards the year's end, Enel representatives said, after a report by the National Energy Regulatory Authority (ANRE) showed that in the first eight months of 2015 the company implemented less than half of the investments projected for the entire ...
Regulated price up 5.51 pct for hydropower, 2.57 pct for nuclear power as of Jan. 1
Thursday, January 7, 2016
The National Energy Regulatory Authority (ANRE) decided on a 5.51 percent rise of the price of electricity produced by Hidroelectrica and supplied to the regulated tariff basket, and on a 2.57 percent rise of the price of electricity produced by Nuclearelectrica beginning January 1, 2016 informs a release of the authority. The decision was reached at the sitting of ANRE's Regulatory Committee on the last day of ...
Hydroelectric, wind power and photovoltaics output to grow by 14.65pct in next four years
Thursday, January 7, 2016
The hydroelectric, wind power and photovoltaics output will grow in the next four years by 14.65pct, according to the power balance's Prognosis carried out by the National Prognosis Board (CNP).So, the three above-mentioned kinds of power will increase from 2.32 million toe (tonnes of oil equivalent) in 2015 to 2.405 million toe in 2016 (plus 3.7pct annually), to 2.49 million toe in 2017 (plus 3.5pct), 2,575 million toe in 2018 (plus 3.4pct) and to 2.66 million ...
Electricity bill, 3.5pct less starting January 1
Thursday, January 7, 2016
Starting January 1, 2016 households will pay 3.5pct less for electricity, president of the National Energy Regulatory Authority (ANRE) Niculae Havrilet announced on December ...
Coal production to grow by 11.5pct in next 4 years; imports to stay at 2015 level
Thursday, January 7, 2016
Romania's coal production will increase, in the next four years, by 11.5 percent while imports will stay at the level of 2015, according to the energy equilibrium forecast of the National Prognosis Commission (CNP).Thus, coal production will increase from 4.7 million tonnes of oil equivalent (toe) in 2015 to 4.89 million toe in 2016 (plus 4 percent annually), to 5.05 million toe in ...
Bankruptcy of Hunedoara Energy Company is not an option
Thursday, January 7, 2016
The bankruptcy of Hunedoara Energy Company is not an option for the Energy Ministry, since it would bring about "huge" social issues and could affect the national energy security, Minister Victor Grigorescu said in Petrosani, near Deva on ...
Romgaz will continue oil operations in Slovakia
Thursday, January 7, 2016
National Natural Gas Corporation Romgaz will continue oil operations in Slovakia, as it plans to drill the first exploration wells early next year, whilst on the other hand it will withdraw from Poland following the negative exploration results, company representatives ...
Imported gas price 15pct higher than domestic gas price in September 2015
Thursday, December 24, 2015
The price of Russian imported gas in September stood at 258 dollars per thousand cubic metres or 93 lei per MWh, by only 15pct higher than the price of gas from domestic production, according to a report of the National Energy Regulatory Authority (ANRE).Over the past few years, the price of imported gas was double compared to the price of Romanian gas. The price of Russian gas takes into account the oil quotations, with a 6-9 month gap, and since ...
Romania's crude oil production will grow over the next four years
Thursday, December 24, 2015
Romania's crude oil production will grow steadily over the next four years and is projected to reach 4.2 million tonnes of oil equivalent in 2019, and imports will go up to 8.4 million toe in the same period, according to the energy balance forecast of the National Prognosis Commission ...
CEE POWER-Wind knocks Czech and Slovak spot; Hungary, Romania up
Thursday, December 24, 2015
Czech and Slovak spot power prices fell on Friday on forecasts for healthy wind power supply and lower demand while low hydro power output in the Balkans and power plant outages in Hungary sent Romanian and Hungarian spot prices higher, traders said, quoted by Reuters correspondent. Czech power for Saturday declined 15.71 percent to 27.10 euros ($29.37) per megawatt-hour (MWh) and Slovak spot ...
ANRE decided to increase the price of the energy
Thursday, December 24, 2015
The National Energy Regulatory Authority (ANRE) has decided to increase by 5.51pct the price of the energy produced by Hidroelectrica and by 2.57pct in the energy produced by Nuclearelectrica as of January 1, 2016, according to an ANRE release issued on last ...
ROMATOM : reactors 3 and 4 to be built at Cernavoda Nuclear Power Plant meets the principles of COP21
Thursday, December 24, 2015
The Romanian nuclear industry hails the result of the international negotiations held in Paris and underscores that the project of reactors 3 and 4 to be built at Cernavoda Nuclear Power Plant meets the principles of this agreement, ROMATOM Romanian Atomic Forum said in a release on ...