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Energy & Environment
Romania ranks 18th in 2013 Climate Change Performance Index
Thursday, December 6, 2012
Romania ranks 18th among 58 countries in the Climate Change Performance Index aiming to evaluate and compare the climate protection performance of 58 states, the Terra Millennium III Foundation informs. The Climate Change Performance Index 2013 (CCPO 2013) was launched on Monday by Germanwatch and the Climate Action Network - Europe (CAN-E) at the UN Conference on Climate Change held in Doha, Qatar.According to CCPI 2013, Romania climbed from the 28th to ...
Hunedoara Energy Complex plans investments worth about 400M euros, in 2013
Thursday, December 6, 2012
Hunedoara Energy Complex has planed investments worth 92 million euros for the four coal mines viable in the Jiu Valley, and worth 300 million euros for the Mintia and the Paroseni thermal plants, in 2013, the Complex manager Costel Alic recently said.'We calculated that the four coal pits viable in the Jiu Valley, namely Lonea, Livezeni, Vulcan and Lupeni need investments amounting to 92 million euros, while Mintia and Paroseni plants require about 300 million ...
Half of Europe’s renewable energy ‘comes from wood’
Thursday, December 6, 2012
Practically half of the EU’s renewable energy currently comes from wood and wood waste, according to the EU statistics office Eurostat, but a lack of sustainability criteria for measuring its environmental impact is stoking fears of a hidden carbon debt mountain. The new Eurostat numbers were issued in conjunction with the UN’s Year of Sustainable Energy For All (SE4ALL), which sets ambitious renewables, energy ...
Ernst & Young report : Romania, ranked tenth concerning wind power sector attractiveness
Thursday, December 6, 2012
Romania is ranked tenth concerning wind power sector attractiveness in the investors' preferences, in a chart including 40 counties, among which the United States of America, Germany, China and the United Kingdom, according to the latest report Renewable Energy Country Attractiveness Indices, released by Ernst & Young on Thursday.Poland is the only country in the former Communist bloc that is also placed among the first ten positions of the ranking. At the same ...
Romania to send EU Commission answer on banning natural gas exports, by Friday
Thursday, November 29, 2012
The Romania authorities will send the EU Commission a plan of the natural gas supply security and an answer on the banning of the natural gas exports, by Friday, State Secretary with the Ministry of Economy, Trade and the Business Environment Rodin Traicu told Agerpres, on Monday.'The plan for the natural gas security is finalized and it will be sent to the EU Commission by the end of the week. Likewise, we will send the EU Commission an answer to the pre-infringement letter ...
Greeks from Egnatia build photovoltaic parks in Romania
Thursday, November 29, 2012
The Greek company Egnatia has in Romania contracts for the construction of several energy production parks for photovoltaic panels of 35MW , projects of 50 million euro. They estimate that next year investments in the field will grow significantly. “For next year we have contracts with several investors for the construction of solar parks of 25MW. At the level of the whole market I think panels of 500-600 MW will be installed next year. We are ready to ...
Fantanele-Cogealac wind farm becomes operational
Thursday, November 29, 2012
Last of the 240 wind turbines in Fantanele-Cogealac wind farm (south-east, on the Black Sea shore) was connected to the national power grid, CEZ Group spokesman Angelica Barbu told AGERPRES on Friday.According to her, the total installed capacity of power generation equipment in the largest wind farm, on continental Europe, is 600 MW, enabling it to provide electricity needed each year by over one million households in Romania.'The first turbine went into ...
Petrom invests 26 million euros in a fuel deposit at Isalnita
Thursday, November 29, 2012
Petrom, the largest crude oil and natural gas producer in south-east Europe, opened the third fuel deposit built from foundation at Isalnita, Dolj county on Tuesday, November 27, reads a company release sent on Wednesday.With a capacity of 11,000 cubic meters, the Isalnita deposit will be responsible for storage in southern Romania. The project is part of an investment programme including the construction of three new deposits (Jilava, south, Brazi-south, Isalnita) ...
OMV :Shale gas drilling could turn Romania into an important supplier for Europe
Thursday, November 29, 2012
Romania has an important position in Europe and in the region due to its natural gas reserves and shale gas reserves, and for this reason, they should be exploited, said OMV Executive President Gerhard Roiss, who attended the OMV European Media Summit. 'Shale gas extraction is the ...
OMV slashes number of its petrol stations in Romania
Thursday, November 29, 2012
The strategy of OMV Group in Romania is aimed at slashing the number of its petrol stations or relocating some of these, in the next three years, the company's Refining and Marketing Manager Manfred Leitner has told the OMV European Media Summit.'In the next three years we will ...
Remin to resume tender of 500,000 tonnes of gold concentrate
Thursday, November 29, 2012
Remin Baia Mare National Mining Corporation will resume a tender to trade gold concentrate with a high content of arsenic following a first tender where none of the bidders won. Remin Director Ovidiu Galca told Agerpres on Tuesday that the tender of the gold concentrate will resume under the same conditions as the first tender.'The resumption of the tender for the 500,000 tonnes of gold concentrate with a high content of arsenic is scheduled for December 3, at the ...
Energy producers demand major rate increases
Thursday, November 29, 2012
Romania's National Energy Regulatory Authority (ANRE) has received requests for substantial increases in prices for the regulated market.ANRE President Nicoale Havrilet told Bursa daily that thermal power producers demanded rates of 200 lei/MWh compared with a current average of about 170 lei/MWh, Hidroelectrica and Nuclearelectrica demanded rates under 200 lei/MWh, but increased from what they received at present for the energy supplied to population and to some companies and ...
Aligning energy tariffs could seriously disrupt observance of regulation calendar
Thursday, November 29, 2012
Romania will have serious trouble with observing the regulation calendars if it will have to align its energy tariffs to EU ones, given that a large number of vulnerable consumers will have to be reconsidered, president of the National Energy Regulatory Authority (ANRE) Nicolae Havrilet told a ...
Creating a domestic energy market could increase GDP by 0.8 percent
Thursday, November 29, 2012
Creating a domestic energy market could increase the GDP by 0.8 percent at European level, said Tudor Constantinescu, expert with the Energy General Directorate, during a debate on energy held by the European Commission Representation.According to Constantinescu, Romania has a fairly ...
Hidroelectrica suspends force majeure as of December 1, ends year with losses of 80 mln euros
Thursday, November 29, 2012
Hidroelectrica Co will suspend the force majeure clause invoked in its electricity sale contracts as of December 1, 2012, is to deliver the total amount to buyers, and will end the year with losses of 70 - 80 million euros, the representative of the company's official receiver EuroInsol, Remus Borza has told Agerpres.'As of December 1, we will suspend the force majeure clause, and buyers will receive the entire amount of electricity under contracts. Production will ...
Energy security in Caspian basin, international conference topic organized by Romania's Embassy in Baku
Thursday, November 29, 2012
Romania's Embassy in Baku, as NATO contact point in Azerbaijan, on Thursday organized the international conference on 'Energy security ensuring in the Caspian basin and NATO's role in critical infrastructure protection.'According to a press release of the Foreign Affairs Ministry (MAE) remitted to Agerpres on Friday, the conference was organized in cooperation with NATO's International School of Azerbaijan (NISA) and NATO's Public Diplomacy Division, representing an ...
Teodora Georgieva Named New Managing Director of NABUCCO in Bulgaria
Thursday, November 29, 2012
Teodora Georgieva has been appointed Managing Director of the NABUCCO National Company (NNC) in Bulgaria. Ms Georgieva takes over from Mr. Marii Kossev. Reinhard Mitschek, CEO NABUCCO Gas Pipeline International GmbH stated: “I am pleased to welcome Ms Georgieva to NABUCCO. Ms Georgieva´s experience in the gas industry, especially in the context of Bulgaria, will be a great asset to the NABUCCO project. She is ...
Nabucco welcomes ratification of agreement on TANAP by Azerbaijani Parliament
Thursday, November 29, 2012
The ratification of the agreement on the Trans-Anatolian gas pipeline system (TANAP) by Azerbaijani Parliament is a vital step to open the Southern Gas Corridor, Nabucco Gas Pipeline International GmbH spokesman, Christian Dolezal told Trend on Tuesday. "This is a vital step to open the Southern gas corridor. Nabucco is fully transparent to TANAP and opened its database to enable a swift cooperation," Dolezal wrote Trend via e-mail. The Azerbaijani parliament has ratified an ...
Gerhard Roiss (OMV): Potential of Black Sea discoveries represents a key for Romania and Europe
Thursday, November 22, 2012
Black Sea discoveries potential represents the key for Romania's economic growth, the same for Europe and for neighboring countries, said the OMV CEO, Gerhard Roiss, on Wednesday, on the occasion of the OMV European Media Summit.The Black Sea natural gas potential could be the biggest breakthrough in the past years. The energy sector is very important for Romania. Natural gas production potential in the Black Sea blocks is a sign of economic growth for ...
Oil imports decrease 12.6 percent in first nine months of 2012
Thursday, November 22, 2012
Romania imported in the first nine months of 2012 a crude oil quantity of over 1.773 million tonnes of oil equivalent (toe), down by 498,300 toe (12.6 percent) from the same period of last year, according to the data centralized by the National Institute of Statistics (INS).The oil production amounted, in the January - September period, to 2.918 million toe, by 1.7 percent (49,100 toe) lower compared with that in the first nine months of 2011.According to ...