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Energy & Environment

Authorities plan to draw up new energy strategy

Thursday, February 7, 2013

The national authorities intend to draw up a new energy strategy, with the document to be completed and unveiled in nearly five months, State Secretary with the Economy Ministry Mihai Albulescu told the General Assembly of the Romanian National Committee of the World Energy Council on Thursday.'A proposed priority for the upcoming period is the elaboration of an ...

PM Ponta in Vienna: Romanians should be convinced clean energy means lower costs in the long run

Thursday, February 7, 2013

Romanians mainly want inexpensive energy, not necessarily clean, and they should be convinced that the latter is more advantageous in the medium and the long run, Prime Minister Victor Ponta told a conference on Thursday in Vienna on renewable energy held under the aegis of Austria's Chancellor Werner Faymann and California's former Governor Arnold ...

Rovana Plumb: SOP Environment EU funds absorption level reaches 12.88 pct

Thursday, February 7, 2013

The absorption level of the EU funds on the Sectoral Operational Programme (SOP) Environment attained 12.88 percent in the first half of this January, after it stood at 4.2 percent, only, in 2012, Minister of Environment and Climate Change Rovana Plumb told Agerpres.The past months marked an intensification of the efforts for a better absorption of the EU ...

Shah Deniz consortium seeks Romania's stance on participation in Nabucco West project

Thursday, February 7, 2013

Shah Deniz consortium, which includes British Petroleum, Statoil, SOCAR and Total, sought Romania's official stance on its participation in the construction of the Nabucco West gas pipeline, informs a release issued on Wednesday by the Ministry of Economy.Romanian Minister of Economy Varujan Vosganian met on Wednesday, Jan. 30, with a British Petroleum ...

Vienna R20 Conference :

Thursday, January 31, 2013

The conference will focus on “Implementing the Sustainable Energy Future” on a sub-national scale. Best practices and recent success stories will be showcased to demonstrate, through concrete examples, that the transformation of the energy system at sub-national level is an essential step towards the green economy paradigm ...

Romania and Poland will join the energy markets in the Czech Republic, Slovakia and Hungary

Thursday, January 31, 2013

The representatives of the national authority for regulation, of the transport operators and system operations and those of the operators on the energy markets in the Czech Republic, Slovakia, Hungary, Poland and Romania met, at the beginning of the week, in Budapest to agree on the starting of the collaboration with a view to coupling the energy markets in the five countries, OPCOM informs, ...

Nabucco starts the design phase for the pipeline Nabucco West

Thursday, January 31, 2013

Nabucco Gas Pipeline International signed a contract with Saipem for services of design ( Front End Engineering and Design – FEED) for the project Nabucco West. Saipem was selected as provider for these services through competitive bid, started in September ...

The Chinese society, interested to reopen the coal quarry in Tebea

Thursday, January 31, 2013

A Chinese state company showed its interest in reopening the surface quarry at the Tebea Exploitation, the prefect of Hunedoara Sorin Vasilescu announced, adding that the company in China will make a study to find out the quantity of coal existing in the area. ...

Vrijer (IMF): energy and transport sectors can be strengthened in Romania

Thursday, January 31, 2013

There are two sectors in Romania where activity can be strengthened, i.e. energy and transport, Erik de Vrijer, the head of the IMF mission to Romania, told a Tuesday's press conference.Energy sector, due to the fact that Romania has significant energy resources that could be exploited. Transport sector, because Romania has a very favorable geographical position between the Black Sea and ...

Commissioner Oettinger reopens talks on ANRE independence

Thursday, January 31, 2013

European Commissioner for Energy Gunther Oettinger and delegate Minister for Energy Constantin Nita talked on Tuesday in Brussels about the major current issues such as the liberalization of power and gas market, stability of energy infrastructure and regulation fields, commissioner spokesperson Marlene Holzner told Agerpres.According to the source, the European commissioner stressed that Romania, like the other ...

Premier Vlad Filat, Romanian Premier's advisor Mihnea Constantinescu discuss energy interconnection plans

Thursday, January 31, 2013

Republic of Moldova Prime Minister Vlad Filat met on Monday Mihnea Constantinescu, State advisor to Romania's Prime Minister, with whom he mainly discussed projects to interconnect the Republic of Moldova with European energy networks, informs a release of the government in Chisinau.The two officials looked at the milestones for the construction of the Iasi - Ungheni gas pipeline and to the similar calendar of the ...

Rosia Montana project depends on environment assent, Minister Vosganian says

Thursday, January 31, 2013

mpact on the environment must be had in view both in the Rosia Montana case and the shale gas one, 'It will be no Rosia Montana project without the environment assent,' Economy Minister Vosganian told a news conference, at the hqrs of the National Liberal Party (PNL) branch of Vrancea.Referring to Rosia Montana, Vosganian stressed that if the environment assent is issued, the ...

Power chief: Carbon credits face a ‘junk bond’ future

Thursday, January 31, 2013

Europe is staring at a ‘lost decade’ that will make decarbonisation impossible and reduce carbon credits to the value of ‘junk bonds’ unless politicians back a carbon market reform package, the head of Europe’s electricity industry association has told EurActiv. Last week, MEP’s on the European parliament’s industry ...

Constantin Nita: We may speak with Russia for decrease in price of imported gas

Thursday, January 24, 2013

The Romanian authorities intend to negotiate with Russia for a possible decrease in the price of the natural gas imported by Romania, Minister Delegate for Energy Constantin Nita told a press conference.'We may speak with the Russian side for the decrease in prices in the time to come,' said Minister Nita.He also made it clear that the Ministry would examine the support scheme for renewable energy, for ...

Completion deadline for listings of minority share packages at Transgaz, Nuclearelectrica is at end-April

Thursday, January 24, 2013

The listings of the minority share packages of the energy companies have a new completion deadline agreed upon with the representatives of the International Monetary Fund (IMF), with the shares of Transgaz and Nuclearelectrica to be listed by end-April 2013, Economy Minister Varujan Vosganian said on Tuesday after the meeting with the delegation of the international financial bodies.'The ...

Supplementary tax on natural monopoly in electricity to be applied on February 1, 2013

Thursday, January 24, 2013

The tax on the natural monopoly will be applied to operators in the field of electric power and methane gas starting on February 1, 2013 and will additionally bring 257.52 million lei in 2013 and 295.7 million lei in 2014 to the state budget, according to the draft of the Government ordinance on taking some measures meant to levy a supplementary tax on the activities of a natural monopoly character ...

Chinese producer Sinover Wind Group wants to invest in wind turbine plant in Romania

Thursday, January 24, 2013

The major Chinese producer of wind turbines and the second in the world, Sinovel Wind Group, aims to invest in Romania in building wind farms, but also in a wind turbine plant, announced the Chamber of Commerce and Industry of Bucharest (CCIB).Bulgaria, Turkey and Romania were initially taken into consideration for this new production facility, but Romania became the first option for ...

Economy Minister and French Ambassador plan to relaunch mixed working group for energy

Thursday, January 24, 2013

Minister of Economy Varujan Vosganian talked to French Ambassador in Bucharest Philippe Gustin on Monday about the relaunch in 2013 of the mixed working group on energy matters, to identify the palpable cooperation opportunities, reads a release of the Ministry of Economy sent on Tuesday.During the dialogue with the French diplomat, Minister Varujan Vosganian stressed Romanian ...

Additional revenues of natural gas producers, to be charged 60 percent fee

Thursday, January 24, 2013

The fee imposed on additional revenues resulted from the sale of natural gas to be paid by economic operators cumulatively conducting natural gas extraction and trading activities will have a quota of 60 percent of the base and will be charged from February 2013 to December 2014, according to an ordinance draft released by the Public Finance Ministry (MFP).The fee imposed on additional ...

Competition Council gives go-ahead to Iernut Heating Power Station being taken over by Romgaz

Thursday, January 24, 2013

The Fair Competition Council has given the go-ahead to Natural Gas Company Romgaz to take over Iernut-based Heating Power Station from Bucharest-based SC Electrocentrale, the central Mures county branch, the Council said in a release on Monday. The transfer of the Iernut Station ownership right is being achieved in order to write off the debt that Electrocentrale Bucharest has to Romgaz. ...

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