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Energy & Environment
Giurgiu-Ruse pipeline to be operational from this July, shipment via Arad-Szeged from July 2014
Thursday, May 2, 2013
The gas pipeline linking the southern Romanian Danube River port of Giurgiu to Bulgarian Ruse will become operational in this July, with deadline being June 30, but the project will be delayed for a week or two, the Gas Dispatcher's Office head with gas distributor Transgaz told a conference staged by the National Romanian Committee of the World Energy Council on Thursday. Marius Stroia ...
Foreign Ministers of transit countries appeal to EU to show “visible signs” of support for NABUCCO
Thursday, April 25, 2013
“Nabucco, in all its iterations, answers best to the policy priorities that the Commission outlines..” According to a statement made ...
Cogeneration tax and plans for re-industrialization of the country
Thursday, April 25, 2013
The Department of Energy is planning the establishment of two - three energy companies, by merging the existing ones in 2014, in the context of the competition between producers using coal and those using hydro and nuclear power, also analyzing the option of setting up a mammoth fund with the assets of all companies in the sector, that would work on the principle of financial ...
China keen to fund reequipent of Mintia thermal power plant
Thursday, April 25, 2013
China's National Electricity Company is interested in financing programme to get the Mintia Power Station and its flue-gas desulfurization (FGD) installation re-equipped, in Hunedoara County (west), Hunedoara County prefect Sorin Vasilescu said.The new desulfurization installation is very important for the Mintia Power Plant, because without it, the power station is ...
Upetrom enters offshore wind farm installation business
Thursday, April 25, 2013
Having attained its strategic goal of landing drilling contracts in the North Sea and after having worked on mainland wind farms, Romanian Upetrom Group plans entering the 'windmills' offshore installation business as well.'Our breaking into the market of subsea cable and optical fiber installation plus the supply of full installation ...
Romania demands more financial guarantees for gold mine
Thursday, April 25, 2013
Romania is pressing for more financial guarantees before it issues a key environmental permit for Europe's biggest open cast gold mine, a move which could further delay a project stuck in limbo for 14 years. Canada's Gabriel Resources aims to use cyanide to mine for 314 ...
Hidroelectrica estimates record 2013 profit of RON 434 mln
Thursday, April 25, 2013
Hidroelectrica estimates a record 2013 profit of RON 434 million (some 99.38 million euros, at the current exchange rate), after having seen a gross profit of RON 144 million in Q1, according to a release issued on Wednesday by the company.From the sale of electricity on its 5 distribution channels, Hidroelectrica recorded a gross profit of RON 144 ...
Wind energy develops spectacularly in Romania in 2012
Thursday, April 25, 2013
Romania was a leader among the wind energy emerging markets in Europe in 2012. It installed capacities amounting to 932 MW, almost twice as much as the 520 MW installed in 2011, and came to have a cumulated capacity of 1,905 MW late last year. This country is the 10th among the wind energy markets in the European Union, according to the annual report drawn up by the ...
Bulgaria Starts Searching Suppliers for Gas Link with Romania
Thursday, April 25, 2013
A procedure for filling the entire capacity of the Ruse-Giurgiu section of the Bulgaria-Romania gas grid interconnection, which is currently being built, will be announced in May, according to Kiril Temelkov, CEO of state-owned gas transmission operator ...
Enel to add 55 MW of PV capacity in Romania and 21 MW in Italy
Thursday, April 25, 2013
In its 2013 to 2017 business plan, Enel Green Power states its aim to install 55 MW of photovoltaic capacity in Romania, and 21 MW in Italy by 2017.According to Enel’s business plan published last week, the company started construction on 19 MW of PV installations in Romania at the end of February. Overall, the Italy-based power company plans to expand its Romanian photovoltaic portfolio to 55 ...
Zeta Petroleum announce data sharing agreement with Chevron in Romania
Thursday, April 25, 2013
Zeta Petroleum plc, the ASX listed Romanian focused oil and gas exploration and production company, is pleased to announce the signing of a data sharing agreement between Chevron Romania Exploration and Production SRL ('Chevron'), a subsidiary of Chevron ...
Nuclearelectrica intends to sign contracts for physical protection and monitorisation services for the Cernavoda Units
Thursday, April 18, 2013
The National Society Nuclearelectrica will acquire services for physical and monitoring protection of the protected premises of the Nuclearelectrica Headquarters in Cernavoda by signing an agreement whose value is estimated at 22,2 million lei, without VAT for seven years, with one economic agent only, according to the annuncment for participation to the bid published by the society in the ...
Change in cogeneration energy bonus might reflect in energy bill as of 2014
Thursday, April 18, 2013
The National Energy Regulatory Authority (ANRE) will work out a monitoring methodology for the grant of the bonus to the producers of cogeneration energy based on merit order, and the end consumer might see the energy bill reducing as a result of the lower weight of the amounts paid for this type of energy beginning with 2014, vice-president of the National Energy Regulatory Authority Emil Calota told ...
Traian Basescu: Support to Romgaz in Shah Deniz II exploitation, sign of trust between Romania and Azerbaijan
Thursday, April 18, 2013
President Traian Basescu on Tuesday decorated Ambassador of the Republic of Azerbaijan to Romania Eldar Hasanov, who is at the end of his mandate, an occasion on which the Head of State referred to the fact that the Azeri Government supported the presence of Romgaz in the Shah Deniz II exploitation, a fact that is 'a sign of trust' between the two countries.The ceremony took place at the Cotroceni ...
Romania reaches 15 pct absorption rate for SOP Environment allocations
Thursday, April 18, 2013
The absorption rate for allocations to Romania under the Sectoral Operational Programme (SOP) Environment stands around 15 percent, said Environment Minister Rovana Plumb cited in a release issued on Tuesday by the Ministry of Environment and Climate Change.'When I took office, the European Commission had refunded EUR 197.17 million to Romania, resulting in an absorption rate of 4.37 percent. At the ...
About 15 million euros collected from 'green tax' stamp in Q1 2012
Thursday, April 18, 2013
The 'green tax' stamp collected 65 million lei (some 15 million euros) in the first quarter of the year, half of the total amount reported, including returns from the old tax formula, Minister for Environment and Climate Change, Rovana Plumb, told a press conference on Monday.The 'green tax' stamp entered into force on March 15, from which moment on the motor vehicle tax ...
Romania, Bulgaria environment ministers sign letter to Convention on Wetlands (RAMSAR)
Thursday, April 18, 2013
A joint letter to the Secretariat of the Convention on Wetlands (RAMSAR) was signed here on Monday by Romanian Environment Minister Rovana Plumb and Bulgarian counterpart Julian Popov.'We discussed many topics of common interest that naturally link us, not only by the Danube River, but also our common economic interests. We discussed many cooperation possibilities as part of the European programmes, ...
Price of petrol in Romania stands at 1.30 euros / liter, lowest level in EU
Thursday, April 18, 2013
The average price of a liter of petrol 95 sold in Romania stood at 1.30 euros, on 8 April, having represented the lowest level in the European Union (EU), according to the Bulletin on the trend of the price of petrol in the EU countries, released by the European Commission (EC).In Bulgaria, the average price of a liter of petrol 95 stood at 1.33 euros, while in Latvia it amounted to 1.38 ...
Minister Lucia Varga announces study of impact on shale gas
Thursday, April 18, 2013
Minister for Water, Forests and Fisheries, Lucia Varga, on Friday announced in Oradea (western Romania) that she ordered the Ministry she leads to conduct a study to assess the impact the exploration and exploitation of the shale gas would have primarily on groundwater resources, including geothermal water.'Geothermal water represents a great potential and it should be exploited [..] What can I tell ...
EnviMin Varga: Romania's dams could be fitted with hydropower equipment
Thursday, April 18, 2013
Romania's 50 dams could be fitted with hydropower equipment to generate electricity, Minister-delegate for Rivers, Forestry and Aquaculture Lucia Varga said Friday in Oradea.'In the period immediately ahead, the ministry will set up the legal framework for the use of the potentials of water resources to become an opportunity for the business community,' Varga told a conference on ...