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Energy & Environment
Rovana Plumb: Investments in renewable energy must continue in Romania
Thursday, April 4, 2013
The investments in renewable energy must continue in Romania, but they should take into account both the economic competitiveness and also an affordable cost for consumers, Environment Minister and Climate Changes Rovana Plumb told a Tuesday's specialist conference.'As to the energy obtained from renewable resources, unveiled at the same time with the Green Paper was also the situation of member states. Currently, ...
Dafora starts drilling new exploration well for Rompetrol
Thursday, April 4, 2013
Dafora SA, the Romanian drilling market leader, initiated the drilling works on a new exploration well in Gorj County (southern Romania), which is part of an investment programme worth 10 million dollars belonging to Rompetrol SA, the company announced on Tuesday.'Lupsa Sat-1 well (Gorj County), which is designed to reach a depth of approximately 4,250 metres, is part of a Rompetrol programme aiming at ...
Constantin Nita: ANRE and Transelectrica can suspend approval granting to energy producers to protect SEN
Thursday, April 4, 2013
The National Energy Regulatory Authority (ANRE) and Transelectrica can take the measure of not granting approvals to renewable energy producers to protect the National Power System (SEN), which cannot hold an infinite transport capacity, Minister Delegate for Energy Constantin Nita told a specialist conference on Tuesday.'I have not seen any investor here thinking that the energy in question needs to ...
Allotting a number of green certificates, to be postponed from July 1, 2013, for 3 years
Thursday, April 4, 2013
Allotting a number of green certificates will be postponed for three years, starting with July 1, 2013, and the losses incumbent on producers will be able to be recouped starting from January 1, 2017, Minister Delegate for Energy Constantin Nita told a specialist press conference on Tuesday.'We had discussions on green energy with many ministers in neighbouring countries and with the European ...
Hidroelectrica sells RON 738 million worth of electricity, in Q1 2013
Thursday, April 4, 2013
Hidroelectrica sold electricity worth RON 738 million (some 170 million euros) in Q3 2013, informs a Tuesday's release issued by the official receiver of the company, Euro Insol.Since the start of 2013, Hidroelectrica has sold on the five distribution channels available - the regulated market, PCCB, PZU, the balancing market and bilateral contracts, a total quantity of 4.1 million MWh, at an average price of RON ...
Number of renewable energy certificates to be dwindled
Thursday, April 4, 2013
Minister delegate for Energy Constantin Nita said when meeting the officials of the Alro Slatina aluminum maker and the local authorities in Slatina (southwest), on Monday that the situation of the renewable energy must be balanced and the State views finding ways the big energy users should be backed up.Alro Slatina manager Gheorghe Dobra stressed that the Company's monthly losses amount to millions of USD, due to ...
ANRE estimates average price for imported gas at 420 dollars/1,000 cbm, for April-June
Thursday, April 4, 2013
The National Energy Regulatory Authority (ANRE) estimates for the months April through June 2013 an average price for the imported natural gas standing at 420 dollars/1,000 cubic metres (39.81 dollars/MWh), identical with the one in the period February-March, according to the data released on ANRE website.For the evaluation of imported natural gas, the exchange rate valid on March 22, 2013, of 3.4225 lei/dollar, ...
Transgaz estimates demand for natural gas at 9.942 million MWh in April
Thursday, April 4, 2013
The total demand for natural gas in April 2013 is estimated at 9.942 million MWh, as proposed in the report prepared by Transgaz and sent to the National Authority for Energy Regulation (ANRE).Regulated market demand is estimated at over 3.24 million MWh Transgaz, of which 1.171 million MWh for non-households and 1.961 million MWh for the household. At the same time, demand on the eligible consumers market is ...
Regulated prices for natural gas supply jump 5 pct as of April 1 for non-household consumers
Thursday, April 4, 2013
Regulated prices for natural gas supply will be increased from April 1, 2013, following to grow by approx. 5 percent for non-household consumers, up to 55.3 lei / MWh.As of July 1, tariffs will increase by 5 percent for non-household consumers and by 8 percent for households. Moreover, tariffs for natural gas supply will climb some 3 percent as of October 1 for non-household consumers and by 2 percent for ...
Arcelor Mittal' Press Statement on the negative effects generated by the support scheme awarded for renewable energy projects deployed in Romania
Thursday, April 4, 2013
“ArcelorMittal Galati re-affirms its concern regarding the negative effects generated by the support scheme awarded for renewable energy projects deployed in Romania. The current system – not ...
Remin sells over 500,000 t of auriferous pyrite to Swiss Werco Trade
Thursday, April 4, 2013
Romania's Remin National Precious and Nonferrous Metals Corporation (CNMPN) of Baia Mare has sold at an auction nearly 500,000 tonnes of auriferous pyrite to a Swiss company that has a high content of arsenic from processing.Swiss Werco Trade of Luzern was the only bidder to have met all the conditions required by the seller, and it bought over the entire quantity up for grabsThe company will ...
ANRE: Number of green certificates, to diminish, for solar energy, the most
Thursday, April 4, 2013
The number of green certificates allotted to the renewable energy producers will diminish for the wind power installations, hydropower plants and for the solar energy installations, according to the report concerning the assessment of overcompensation of the green certificate promotion system for the energy from renewable sources in 2012, conducted by the National Energy Regulatory Authority ...
Minister-delegate for Energy, Hungarian counterpart discuss cooperation, energy markets interconnection
Thursday, April 4, 2013
Minister-delegate for Energy Constantin Nita discussed with Hungarian counterpart Pal Kovacs energy projects of common interest such as the Tarnita-Lapustesti hydroelectric power station and the interconnection of the countries' gas and electricity grids, as well as the AGRI and Nabucco strategic energy security projects, a release of the Ministry of Economy informs ...
Businessmen's Association reiterates proposal to privatise energy companies by capital increase or stock exchange sale
Thursday, April 4, 2013
The Romanian Businessmen's Association reiterates the proposal made to the Government to privatise the energy companies, natural gas company Transgaz in particular, by the capital increase, by the sale of a new block of shares, even of 15 percent, on the stock exchange and not by the sale of a 15 percent stake in the company, the Association said in a release on ...
OMV Petrom invests EUR 200 ml in Suplacu de Barcau field redevelopment project
Thursday, April 4, 2013
OMV Petrom, the largest oil and gas producer in South-Eastern Europe, kicks off the implementation of the Suplacu de Barcau field redevelopment project (Romania's northwest), requiring investments worth some 200 million euros over 2013-2015, the company announced in a release.'We operate highly mature fields and in the past years we have been able to reduce the ...
Premier pledges support for CE Oltenia's electricity export bid
Thursday, April 4, 2013
Prime Minister Victor Ponta announced on Thursday in Targu-Jiu (291 km north-west of Bucharest) that he would support the Oltenia Energy Complex for it to be able to export electricity.'Of course I support [CE Oltenia], for it to stay on in the medium and long run and stay competitive. Unless we take important steps, there's no way for it to be ...
NABUCCO Submits Pipeline Decision Support Package to Shah Deniz II Consortium
Thursday, April 4, 2013
NABUCCO Gas Pipeline International GmbH announced last week that the company had submitted a Pipeline Decision Support Package to the Shah Deniz II Consortium. The Pipeline Decision Support Package contains all of the important elements requested by the producers to establish a commercial value chain for Azeri Gas. “We are ...
Hidroelectrica sells energy cheaper and cheaper
Thursday, March 28, 2013
The electricity sold by Hidroelectrica through OPCOM is cheaper and cheaper from one month to the other. Hidroelectrica got to bid electricity packages at 165 lei/MWh, price including the transport as well, which is almost 10 lei/MWh, the price of a MWh ...
Transelectrica and Transgaz go under Finance Ministry control
Thursday, March 28, 2013
The Government on Wednesday approved the emergency ordinance providing Transelectrica and Transgaz going under the control of the Finance Ministry from that of the Economy Ministry, Premier Ponta said after the Government meeting.'We have approved the ordinance today. I shall ask the Energy Minister and the Finance Minister to give you all the details. I can confirm that we have approved the ordinance ...
Number of green certificates allotted to photovoltaic, wind power producers and micro-hydropower plants, to be reduced
Thursday, March 28, 2013
The authorities will diminish the number of green certificates allotted to the producers of renewable energy in the photovoltaic sector, micro-hydropower plants and wind power plants, as these are overcompensated areas through the current support scheme, to limit the effects of granting subsidies in the invoice paid for electricity by the end-consumer, National Energy Regulatory Authority (ANRE) Vice Chairman Emil ...