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Energy & Environment
European Commission recommends Romania to improve energy efficiency and to further deregulate energy prices
Thursday, May 30, 2013
Further deregulation of gas and electricity prices, enhanced energy efficiency, improving cross-border power grids integration and accelerate the implementation of projects for the interconnection of the gas networks are among the recommendations of the European Commission (CE) for Romania in 2013, released on Wednesday.Another recommendation for Romania is to promote competition and efficiency in ...
French investors invited to participate in the construction project of reactors 3 and 4 at Cernavoda
Thursday, May 30, 2013
French investors were invited to participate in the development of large investment projects in Romania, among which the construction project of reactors 3 and 4 of the Cernavoda Nuclear Power Plant (south-east of Bucharest), according to an announcement made by the Department for Infrastructure Projects of National Interest and Foreign Investments (DPIIS).Minister delegate for Infrastructure Projects ...
Romanian nuclear industry possible involvement in Cernavoda Units 3 and 4 completion, estimated at 40-45pct of project value
Thursday, May 30, 2013
The possible involvement of the Romanian nuclear industry in the completion of the project for building Cernavoda Units 3 and 4 can be evaluated at about 40-45 percent of the total value of the project, which represents a significant contribution, with a special impact on the national ...
Romania could give nine million euros to Republic of Moldova for building Iasi-Ungheni gas pipeline
Thursday, May 30, 2013
Romania could give the Republic of Moldova nine million euros for building the Iasi-Ungheni gas pipeline of the 100 million euro grant previously offered by the Romanian side. Romanian Minister Delegate for Energy Constantin Nita on last Friday, in Chisinau, discussed this possibility with Minister of Economy and Trade Valeriu Lazar. 'The sides also talked about signing a memorandum of understanding on ...
TerniEnergia to create six solar farms in Romania
Thursday, May 30, 2013
Italian company TerniEnergia signed on Friday a framework agreement with Energhie Co, part of Bissi Holding, to create in Romania six solar farms with a total capacity of 5.5 MWp, informs a press release.The contract provides for TerniEnergia Romania building three photovoltaic farms with an installed capacity of 3 MWp, at Buzias (west), for 3.3 million ...
New Leadership for GE’s Renewable Energy Business in Europe
Thursday, May 30, 2013
Cliff Harris takes on role as General Manager, Europe for GE’s Renewable Energy business Andreas von Bobart is new General Manager, ...
EC representative: Danube Strategy, development manner in Black Sea Area, but with concern for biodiversity
Thursday, May 30, 2013
Activating the Danube Strategy must represent a sustainable manner for developing the Black Sea coast area and for the cooperation among the states in the region, Mihai Rosioru, European Commission Spokesperson in Romania told a specialist forum on Thursday.'The Danube Strategy, which we are trying to activate, should represent a sustainable manner both for developing the Black Sea ...
KazMunayGas planning to increase crude oil deliveries to Black Sea area to 65 million tonnes per year
Thursday, May 30, 2013
Kazakhstan's national oil and gas company KazMunayGas intends to increase crude oil supplies to the Black Sea region to 65 million tonnes per year by 2020, Charge d'affairs of Kazakhstan in Romania Talgat Kaliyev declared on Thursday at the Bucharest Forum - Energy 2013.Kazakhstan will carry on with its cooperation plans with Romania. In the 2015 to 2020 timeframe, KazMunayGas intends to ...
Romania's energy strategy to be completed by year-end
Thursday, May 30, 2013
Romania's energy strategy could be completed by the end of the year, with the first working meeting on this issue to take place on June 10, Romanian Minister-delegate for Energy Constantin Nita on Thursday told the Energy Business Summit, a conference sponsored by the Economy Ministry.'We hope, by autumn, we'll draw up a new strategy of the energy sector of Romania for the years ...
Mircea Geoana: Romania could be first EU energy independent country
Thursday, May 30, 2013
Romania is the first European Union country that could earn energy independence, President of the Aspen Institute Romania, Senator Mircea Geoana told the Bucharest Forum Energy 2013 on Thursday.'Romania is the first European Union country that can become energy independent in the coming years. If we quickly reduced consumption and increased energy efficiency we could even now be an independent ...
GDF Suez to Become Shareholder in NABUCCO
Thursday, May 30, 2013
NABUCCO Gas Pipeline International GmbH Tuesday, May 28, welcomed the announcement that the French energy group GDF Suez has concluded a Share Purchase Agreement with OMV in Vienna. GDF Suez will join OMV (Austria), FGSZ (Hungary), Transgaz (Romania), BEH (Bulgaria) and BOTAS (Turkey) as a shareholder in Nabucco. ...
Victor Ponta: Pact for energy, spinal column of Romania's energy strategy
Thursday, May 23, 2013
The Pact for energy' launched on Thursday at the Romanian Academy, cannot represent a strategy in a broad sense, but it certainly represents the spinal column of Romania's energy strategy, Prime Minister Victor Ponta said.'All eight objectives assumed are correctly defined objectives, objectives that the Government finds extremely necessary and useful. This pact cannot ...
Chamber of Deputies approves bill on measures needed for development of Nabucco
Thursday, May 23, 2013
The Chamber of Deputies on Tuesday approved the draft bill on measures that need to be taken before continuing with the development of the Nabucco natural gas pipeline project.The bill was adopted by a vote of 329 in favour, 1 against and no abstention, having also passed through the Senate on May 14.Speaker of the Deputies Chamber, Valeriu Zgonea, specified that this ...
Nabucco Consortium to have another meeting next week with representatives of TANAP
Thursday, May 23, 2013
Nabucco Consortium will have another meeting with representatives of TANAP (Trans Anatolian Gas Pipeline) next week to analyze the technical aspects of Turkish-Bulgarian border transit, Chief executive of Nabucco Gas Pipeline International Gmb, Reinhard Mitschek, announced on Tuesday, in a press conference.'In March we signed a Memorandum of Understanding with TANAP. We ...
China investing near EUR 600 ml in upgrading Mintia power station
Thursday, May 23, 2013
A Chinese company will invest nearly 600 million euros in upgrading power units 3 and 4 of the Mintia power station (western Hunedoara County); the investment comes under a 20-year loan agreement with a 2 pct interest rate, to be initialed by China's National Electric Engineering Company and the Hunedoara Energy Complex, the latter's general manager Daniel Andronache declared on ...
Seven Romanian energy project proposals for Chinese investors to embrace
Thursday, May 23, 2013
Romania proposed Chinese investors cooperation on seven energy projects, on the occasion of the recent visit paid by an official Romanian delegation to China, Minister-delegate for Energy Constantin Nita declared on Tuesday, after the meeting of the Nabucco Committee in Bucharest.'We presented the Chinese investors the projects of Cernavoda nuclear reactors 3 and 4; the ...
Deputies adopt draft law on Memorandum of understanding between Romanian state and Rompetrol Group
Thursday, May 23, 2013
The Deputies' Chamber plenum on Tuesday adopted the draft law on the Memorandum of understanding between the Romanian state and Rompetrol. The draft law was adopted by 233 votes to 63 and 26 abstentions.The Government on May 8 approved through a draft law the Memorandum of understanding between the Romanian state and The Rompetrol Group NV (TRG), signed in Bucharest on ...
Photovoltaic panels to be banned from farmland
Thursday, May 23, 2013
Romania's legislation will be modified so as to forbid mounting photovoltaic panels on farmland, Agriculture Minister Daniel Constantin said Monday.'I do not have fast figures about the size of the farmland so far affected, but I can tell you the legislation is being modified. It is a matter of days before the legislation gets amended and photovoltaic panels banned from farmlands,' ...
Shale gas: Romania has a uniform position with European states as for their exploration
Thursday, May 23, 2013
Romania has a uniform position with the European states in respects of shale gas exploration, discussions on their exploitation going to be resumed after the outcome of the exploration stages, said Economy Minister ...
Wind-power park in Fantanele-Cogealac-Gradina area becomes operational
Thursday, May 23, 2013
CEZ Group began the exploitation at full capacity of the wind-power park in the Fantanele-Cogealac-Gradina (Constanta County, south-eastern Romania), for the completion of which it invested over one billion euros, ...