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Energy & Environment
Eurostat: Romania ranks among EU member states least dependent on energy imports
Thursday, February 14, 2013
In 2011, Romania ranked among the member states of the European Union the least dependent on energy imports, with an energy dependence rate of 21 percent, according to data released on Wednesday by the Eurostat European Statistics Office. In 2011, member states the least dependent on ...
Wind and solar power capacity surge, report says
Thursday, February 14, 2013
Global wind power expanded by almost 20% in 2012 to reach a new peak of 282 gigawatts (GW) of total installed capacity, while solar power reached more than 100GW, having more than doubled in two years. More than 45GW of new wind turbines arrived in 2012, ...
Energy budget cuts will hit EU's low-carbon ambitions: Official
Thursday, February 14, 2013
Cuts to the energy infrastructure package in the EU's new budget will increase costs and delays to the European Commission’s plans for a low carbon economy by 2050, Philip Lowe, the EU’s top energy civil servant said on Friday (8 February).EU commissioners publicly welcomed the budget agreement's green energy credentials after protracted and often fractious negotiations.The climate ...
China Huadian Engineering to invest in new energy group at RAAN thermal power plant
Thursday, February 14, 2013
China Huadian Engineering will invest in a new energy group with the capacity of 250-300 MW at the Romag-Termo Branch on the Halinga industrial platform, belonging to the Romanian Authority for Nuclear Activities (RAAN), Deputy Rodin Traicu told Agerpres on Tuesday.According to the above-quoted source, the investment worth 300 million dollars will lead to the creation of nearly 500 new ...
Bogdan Aurescu underscores in Astana importance of solving Rompetrol debts file
Thursday, February 14, 2013
The Romanian Foreign Ministry's State Secretary Bogdan Aurescu had on Monday in Astana political consultations with Alexei Volkov, Kazakhstan's Deputy Foreign Minister, and also a meeting with that country's Foreign Minister Erlan Idrissov, on which occasion he underscored the importance of solving the soonest possible the file on Rompetrol debts to the Romanian state.'Both during the consultations, as well as ...
Minister Nita speaks of Romania energy priorities with US diplomats
Thursday, February 14, 2013
Deregulating the energy market and developing new electric power production facilities based on renewable sources as well as on coal and the project of Cernavoda Nuclear Power Plant's reactors 3 and 4 were the topics tackled during talks on Thursday held by Romanian Minister-delegate for Energy Constantin Nita and a delegation of the United States Embassy in Bucharest, the economy ministry said in a ...
Economy Minister to submit draft law to Parliament about mining operations
Thursday, February 14, 2013
Minister of Economy Varujan Vosganian will submit to the Parliament a draft law allowing the capitalization of mining extraction with new technology, leading to the reintroduction of mines in the economic circuit.'We will submit a draft law to the Parliament in two weeks allowing us to extract with the help of the new technologies if the investors' intentions allow for it. This will also ...
Investment-friendly regulations seen contributing to revival of mining areas
Thursday, February 14, 2013
Reconsidering and implementing a predictable regulatory framework capable of enhancing the mining sector's attractiveness to prospective private investors could contribute to the social and economic revival of the mining areas, the Ministry of Economy said in a release.During debates in the Budget & Finance Committee on the budget of the Ministry of Economy, Minister of Economy Varujan Vosganian ...
Oil imports 5.9 pc lower in 2012
Thursday, February 14, 2013
Romania imported an amount of crude oil of more than 5.127 million TOE (tonne of oil equivalent), 324,100 (5.9 percent) less than in 2011, according to data centralized by the National Institute of Statistics (INS). The oil production amounted to 3.874 million TOE in 2012, 2.1 percent lower than in 2011.According to a study of British Petroleum, Romania's proved oil deposits were in late 2011 about ...
Net coal production drops 3.7 percent in 2012
Thursday, February 14, 2013
Romania's net coal production in 2012 totaled 6.439 million tonnes of oil equivalent (toe), being by 3.7 percent (244,700 toe) lower compared with that of 2011, according to the data centralized by the National Institute of Statistics (INS).In 2012, Romania imported 711,700 net coal toe, with 160,700 toe (29.2 percent) more than the amount imported in 2011.According to a British ...
Wind power buffeted by 'political uncertainty' but still growing
Thursday, February 14, 2013
Wind power accounted for over a quarter of all power capacity installed in the European Union last year, but turbulent times lie ahead, says a new report by the European Wind Energy Association (EWEA). Some 11.6 gigawatts (GW) of wind capacity was hooked up in 2012, a 12% increase on the previous year, bringing Europe’s total wind capacity ...
Romania's primary energy resources diminish 2.2 percent in 2012
Thursday, February 14, 2013
Romania's primary energy resources in 2012 diminished 2.2 percent and the electricity resources declined 2.7 percent, while the final electricity consumption increased 0.2 percent from 2011, as reveal the provisional data released by the National Institute for Statistics (INS) on Thursday.Thus, the primary energy resource in 2012 totaled 34.015 million tonnes of oil equivalent (toe), declining 767,400 ...
Chevron: Romania can become autonomous energetically by the exploitation of shale gas
Thursday, February 7, 2013
The representatives of the Chevron think that Romania could become autonomous energetically with the exploitation of shale gas if the American oil company finds enough gas resources in the two areas in the country where they planned to extract.Present on Wednesday in Vaslui at a new public debate, the representatives of Chevron Romania presented a part of ...
An investment of 100 million euro in a photovoltaic park, almost finalisation in Arad
Thursday, February 7, 2013
An investment of 100 million euro in a photovoltaic park is almost to be finalised in Sebis (Arad) where there are installed 317,000 panels with total power of 65 MW which could cover the necessary for 100,000 inhabitants, at the project working 700 people. The representatives of the investors and the mayor of Sebis stated on Wednesday to the Mediafax correspondent, that this photovoltaic ...
Bloomberg: Romania to Become Net Exporter of Gas by 2020, Sterling Says
Thursday, February 7, 2013
Romania may become a net exporter of natural gas by 2020, with major discoveries possible this year amid forecasts that put the country’s total ...
EurActiv:Romania reverses course on shale gas
Thursday, February 7, 2013
In a widely expected U-turn, Romanian authorities yesterday (31 January) gave the American energy giant Chevron the certificates it needed to start exploring for shale gas in the eastern part of the country. The Romanian authorities reversed their decision from last April to ...
Romania and India to cooperate in nuclear field
Thursday, February 7, 2013
Romania and India will cooperate in the nuclear field, exchanging information related to peaceful use of nuclear energy, the Executive's Press office informs on Wednesday.In this regard, the Government approved, in its meeting, a decision on the Memorandum of Understanding between the National Commission for ...
GE Wind Turbines to Power Energia Verde Ventuno’s Cerna Wind Park in Romania
Thursday, February 7, 2013
· Seven GE 2.5-103 Wind Turbines to Add 17.5 Megawatts of Cleaner Power · ...
Energy Minister announces gas and electricity price increases
Thursday, February 7, 2013
Energy Minister Constantin Nita on Monday in Targu Jiu said that there would be price increases for electricity and gas, in accordance with the agreement signed with the International Monetary Fund.Constantin Nita told a press conference that this price increase agenda was established as early as last year by Government Boc and that the current Government had to observe ...
Losses in energy system amount to 5.5bn dollars, 2.2 percent of GDP
Thursday, February 7, 2013
The losses in the Romanian energy system amount to 5.5 billion dollars annually and represent 2.2 percent of GDP and 30.87 percent of the total system, double compared to the European level, the Chairman of the Romanian National Committee within the World Energy Council (CNR - WEC) and of the Chamber of Deputies' Committee on Industries and Services, Iulian Iancu told on ...