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Energy & Environment
CEZ : Romania lost its potential to export electricity. There are no investments and a clear strategy
Thursday, October 11, 2012
Romania lost its potential as electricity exporter as they did not invest in production units and there is no strategic concept, and they are falling, the head of CEZ Romania Jan Veskrna said on Wednesday. « It is eight years since I came here and I still haven’t seen a strategic concep (in electricity domain). I think Romania is already falling and lost its potential to be electricity exporter » Veskrna said, the ...
Aurescu (MAE): We agreed with Azerbaijan to turn AGRI into an epitome project
Thursday, October 11, 2012
Secretary of state in Romanian Ministry of Foreign Affairs (MAE) Bogdan Aurescu said on Wednesday that the implementation of AGRI must be turned into a symbolic project of cooperation with Azerbaijan.'Projects bound us to new transport pipelines for gas on the European market. Azerbaijan is a friend country and a strategic partner of Romania, which can consolidate the competition on the European energy market. The AGRI project where our ...
Bloomberg News: GDF Suez to Complete Romanian Wind Farm by Early December
Thursday, October 11, 2012
GDF Suez SA (GSZ) will complete the construction of a 75 million-euro ($96 million) wind farm in Romania at the end of November or early December, said Eric Stab, who heads GDF Suez Energy Romania. The French natural-gas distributor will conclude building its 48-megawatt wind farm and is considering investing into other wind projects in the eastern European country, Stab said today in an interview in Bucharest. “This investment is on ...
Romanian Foreign Minister, Titus Corlatean, met Israeli Minister for energy and water resources, Uzi Landau
Thursday, October 11, 2012
During the official visit to Israel, Foreign Minister Titus Corlatean had on October 9, 2012, a meeting with the minister for energy and water resources, Uzi Landau. Romanian Foreign Minister stressed the importance of intensifying talks with Israeli interlocutor economic cooperation between Romania and Israel and Israeli companies expressed interest to participate in economic projects in Romania, in progress or to be started. In this sense, the two officials were ...
Nabucco's Mitschek: Romania is a highly serious Nabucco stakeholder
Thursday, October 11, 2012
Romania is a highly serious stakeholder in the Nabucco Consortium, Reinhard Mitschek, Nabucco Gas Pipeline International GmbH managing director, told a teleconference on Oct. 8. There is a very good contribution to Nabucco by Romania's national company, which is based in Medias (country center), said Mitschek.On the other hand, he said that representatives of Germany's Bayerngas are highly interested in the Nabucco project and continue negotiations to this ...
Second Nabucco Political Committee Concludes in Vienna with Resounding Declaration of Political Support
Thursday, October 11, 2012
The Nabucco Political Committee-Meeting of the Nabucco Ministers of the Transit Countries convened in Vienna, Austria, confirming full political support for the Nabucco Gas Pipeline Project and for the existing Intergovernmental Agreement giving comfort to investors and producers. Established by the Nabucco Intergovernmental Agreement, and comprising representatives of all ...
Net coal production decreases by 0.9% in first eight months of 2012
Thursday, October 11, 2012
Romania's net coal production totaled in the first eight months of 2012 some 4.287 million tonnes of oil equivalent (toe), by 0.9% (38,000 toe) lower compared with that in the same period last year, according to data centralized by the National Institute of Statistics.In the January-August 2012 period, Romania imported 432,900 toe of net coal, by 152,100 toe (54.2%) more than the quantity imported in the first eight months of 2011. According to a ...
Jan - Aug 2012 oil imports take 8 pct y-o-y dip
Thursday, October 11, 2012
In the first eight months of the current year Romania imported over 3.385 million tonnes of oil equivalent, by 295,100 toe (8.6 percent) less than in the similar period of the year before, shows data centralized by the National Statistics Institute (INS). The domestic oil production between January - August 2012 amounted to 2.601 million toe, by 1.8 percent (46,400 toe) lower y-o-y. According to a British Petroleum study, at the end of 2011 Romania's proven oil ...
Cernavoda n-power plant's two units put out over 7.433 million MWh Jan.-Aug. 2012
Thursday, October 11, 2012
The two operational units of the Cernavoda nuclear-power plant have put out 7.433 million MWh worth of electricity in the first eight months of 2012, 6.848 million MWh of which were fed into Romania's national power gridData posted on the website of the plant's owner, Nuclearelectrica, indicate that unit 1 generated nearly 3.38 million MWh and delivered 4.053 million MWh, which gives an average capacity factor of 82.06 percent, while unit 2 generated ...
Sterling Resources announces start of drilling operations in Perimeter XV Midia
Thursday, October 11, 2012
Sterling Resources started the drilling at the gas prospect Ioana in Perimeter XV Midia in the Black Sea, belonging to Romania. According to a release of the company sent on Friday, they use the jack up independent leg cantilever drilling rig GSP Jupiter belonging to Grup Servicii Petroliere company.Ioana-1 rig located 91 metres deep aims to drill into sandstone deposits from the Pliocene down to a total depth of 1,600 m and the drilling works are ...
Declines in primary energy and electricity resources, in January-August (provisional data)
Thursday, October 11, 2012
Primary energy and electricity resources went down in the first eight months of this year, 2.2 percent and 2.1 percent, respectively, compared with the same period of 2011, reads the provisional data released on Friday by the National Institute of Statistics (INS).Thus, in the period January 1 - August 31, 2012, the primary energy resources have decreased by 2.2 percent and the electricity resources, compared with the same period of the previous year, ...
Installed power in photovoltaic panels to reach 43 MW by end-2012
Thursday, October 11, 2012
The power installed in photovoltaic panels will reach 43 MW by the end of 2012, and specialists are expecting the same power to reach 140 MW by the end of 2013, Director General with the National Energy Regulatory Authority (ANRE) Zoltan Negy-Bege told a conference on Thursday on solar power.'In 2010, ANRE was estimating that in 2012 photovoltaic panels of 43 MW will be installed. This has not been achieved yet, but there are chances of reaching 43 MW ...
Basescu puts Nabucco Agreement, Romania-EU Additional Memorandum of Understanding to Parliament's ratification
Thursday, October 4, 2012
President Traian Basescu on Tuesday signed a decree putting the Agreement for the support of Nabucco project to the ratification by the Romanian Parliament.Basescu signed the decree for sending to the Parliament's ratification the Support Agreement of the Project between Romania and Nabucco Gas Pipeline International GMBH and Nabucco Gas Pipeline Romania SRL regarding the Nabucco pipeline system signed in Kayseri on June 8, 2011, the President's Office ...
Bulgaria to make up delays in gas link projects
Thursday, October 4, 2012
Bulgaria pledged to make up for delays in connecting its gas network with neighboring Balkan countries and hopes to have links with neighboring Greece and Turkey by the end of next year, the economy and energy minister said on Sunday. A new gas development plan of the state network operator Bulgartransgaz earlier on Sunday revealed it expected a one year delay in the project until the end of 2014, but Dobrev said the operator was being too conservative. "Bulgartransgaz ...
Hidroelectrica modernised the Romanian lock in Portile de Fier
Thursday, October 4, 2012
Hidroelectrica modernised the Romanian part of the lock from the Portile de Fier hydropower station with the purpose of improving the circulation on the Danube. Following this investment navigation through the Romanian lock was resumed, a press release of Hidroelectrica says. The works started in 2006 being evaluated at 167 million lei. The final value of the contract was 236 million lei.Hidroelectrica is a state-run company, with the ministry of economy. The ...
Verbund: Romania does not offer the best conditions for projects of renewable energy
Thursday, October 4, 2012
Romania does not offer, at present, the best conditions for the development of investments in renewable energy, due to the delays of state companies in construction of some production units and political instability, stated the general manager of Verbund Romania, Ovidiu Pop. “ Unfortunately, at this moment, it is not possible to talk about investment possibilities. There needs to be continuity, professionalism in this domain. We need classic energy, as well, ...
Adrian Borotea (CEZ): Romania needs to change its electricity resource pool
Thursday, October 4, 2012
Romania needs to change its electricity resource pool or otherwise it runs the risk of seeing itself compelled right in the near future to import electricity amid the energy policy promoted by the European Union (EU), CEZ Romania director Adrian Borotea told a seminar on renewable energy.Borotea cautioned that imports are usually made for prices that are far above those charged in the country.'We all seek the good of Romanian green energy, in ...
President Basescu promulgates law amending energy and natural gas legislation
Thursday, October 4, 2012
President Traian Basescu promulgated Law approving an emergency ordinance amending and supplementing Law on electricity and Law on natural gas. The President signed a decree promulgating the Law approving Government Emergency Ordinance 33 /2007 amending and supplementing Law 13/2007 on electricity and Law 351/2004 on natural gas.On September 11, the Chamber of Deputies approved an emergency ordinance concerning the organisation and functioning of the ...
Transgaz estimates natural gas demand amounting to 11.745 million MWh in October 2012
Thursday, October 4, 2012
The total demand for natural gas in October is estimated at 11.745 million MWh, according to the suggestion made in the substantiation report drawn up by Transgaz and sent to the National Energy Regulatory Authority (ANRE). The demand on the regulated market is estimated by Transgaz at more than 3.719 million MWh, of which 1.712 million MWh for non-household consumers and 1.862 million MWh for household consumers. The demand on the market of the ...
Raw coal production increases by 0.5 percent in first seven months of 2012
Thursday, October 4, 2012
Romania's raw coal production totalled about 3.748 million tonnes of oil equivalent in the first seven months of the year 2012, up by 0.5 percent (17,700 toe) from the one in the similar time span last year, according to the data centralized by the National Institute of Statistics.Over January-July 2012 Romania imported 355,200 toe of raw coal, up by 113,200 toe (46.8 percent) from the quantity imported in the first seven months of 2011. ...