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Energy & Environment
Energy Investments Plan sends building of Cernavoda Units 3 and 4 into uncertainty
Thursday, June 21, 2012
The National Energy Investment Plan could result in an installed power overcapacity of about 2,700 MW in 2020, thus challenging the timeliness of building Units 3 and 4 of the Cernavoda nuclear power plant, head of the Deloitte Financial Advisory Services Valeriu Binig on Monday told the Regional Energy Forum for Central and Eastern Europe - FOREN held in the Neptun Black Sea resort.'Apart from the major implementation risks arisen from uncertainties ...
Rovana Plumb: Rosia Montana project to be examined again
Thursday, June 21, 2012
The Rosia Montana project will be examined again and talks with the nongovernmental organizations in the field will go on, Minister of the Environment and Forestry Rovana Plumb told a press conference on Monday. 'We are going to meet the nongovernmental organizations that work in this field in point of the Rosia Montana project. It will be an open, transparent dialogue, as we want to know the position of the NGOs, to listen to them and in utmost ...
Poland blocks EU's zero-carbon plan
Thursday, June 21, 2012
With European delegates preparing to push a low-carbon agenda at the Rio Earth Summit this week, coal-reliant Poland has prevented EU governments from speaking with a single voice in the bloc's debate on a low-carbon energy future. At a meeting in Luxembourg on Friday (15 June), EU energy ministers debated an energy 2050 road map published by the bloc's executive in December, which sets out the route towards almost zero carbon ...
Global clean-energy 'revolution' falters ahead of Rio
Thursday, June 21, 2012
A UN push to provide electricity to more than 1 billion people who live off the grid is threatened by indecision at an important global development conference this week, despite robust support from EU leaders. Ban Ki-moon, the UN secretary-general, has called for a “global clean energy revolution” to provide electricity to the developing world by 2030 and he won commitments to the plan from the European Commission ...
Traian Basescu to Philippe le Houerou: We have another three regions where gold is available
Thursday, June 21, 2012
President Traian Basescu on Monday, at the Cotroceni Palace, received Philippe Le Houerou, vice-president of the World Bank (WB) for Europe and Central Asia, to whom he spoke about the necessity to create jobs and emphasized the fact that Romania was trying to draw capital for the gold mines at Rosia Montana (central Romania), but that there were also another three places that are available from this point of view.'Unfortunately, the question of job ...
Romgaz seeking unconventional gas production, from Transylvania shale reservoir included
Thursday, June 21, 2012
National Company Romgaz struck unconventional gas deposits, shale gas included, in the Transylvania (Romania center-west) perimeters; the company will use new exploration and exploitation technologies to develop these resources, head of the Romgaz development department Radu Gheorghe on Monday told the Regional Energy Forum for Central and Eastern Europe - FOREN.'Romgaz extracts gas from hard, compact rocks with clay content. In previous years, we were ...
GDF SUEZ Energy Romania invests 80 million euros in 2012 in wind power plant in Baragan
Thursday, June 21, 2012
GDF SUEZ Energy Romania will invest about 80 million euros by the end of 2012 in the wind power plant at Gemenele, Braila County (eastern Romania), Acquisitions and General Business Director Frederic Bellon told a press conference on Thursday.'The investments in 2012 suppose investments in buildings, in the car fleet, in the IT system, and exceptionally this year we have a large investment in the Baragan area, where we are developing a wind power plant ...
Over 15,000 green certificates traded in first June session
Thursday, June 21, 2012
The number of green certificates traded in first session of June 2012 on the Centralized Market of the Green Certificates amounted to 15,200 units, with 8 offers to buy and 26 to sell, according to data released by the energy market operator OPCOM. The closing price was 242.90 lei per certificate. Since the beginning of the year, 340,903 green certificates have been traded on the green certificates market.The green certificate is a document ...
Syscom18 delivered 4 metering systems for the oil company Bahrain
Thursday, June 21, 2012
In May 2012, Syscom 18 has completed the engineering, execution, testing and delivery of 4 metering systems for loading diesel in tank trucks. The end-user is BAPCO – Bahrain.“In Middle East we are developing projects since 2000 and we have a wide market experience in this region. We succeeded to obtain the project in Bahrain because of the good price and the fact that we are recognized as system integrator providing complete solutions for ...
Avrig - the first town energetically independent in Romania by 2030
Thursday, June 14, 2012
Avrig in Sibiu county will become the first town energetically independent in Romania by 2030, and the necessary investment for this programme is almost 50 millon euro, the mayor of Avrig Arnold Klingeis stated for Agerpress, being present at a workshop Romanian-Chinese for science and technology, developed in Bucharest. "I proposed this programme in two stages. Firstly we want to ...
Romania absolute leader of Central and Eastern Europe as regards wind energy
Thursday, June 14, 2012
Romania has a leading position in Central and Eastern Europe as regards the wind energy production, a report of the programme for sustainable leadeship, belonging to the Cambridge University and the Regional Centre for research in the domain of energy policy (REKK) from the Corvinus University in Budapest. The document that covers data about Bulgaria, the ...
Primary energy resources dropped over the four months of the year by 12.8%
Thursday, June 14, 2012
The resources of primary energy dropped over the four months of the year against the same period of last year by 12.8% and those of electricity diminished by 7% the National Institute for Statistics announced on Friday ."Over the same period, the electricity resources were of 20907.5 million KWh, dropping by 1566.0 million KWh ( -7.0%) against the same period of 2011.This was due to the decrease of production by 1723.3 million KWh (-7.7%)" the INS press release ...
MECMA: Energy field needs equipment and technologies for higher yields and lower emissions
Thursday, June 14, 2012
The energy field in Romania needs modern equipment and technologies that should ensure higher yields and the cut in carbon dioxide emissions, reads a release issued by the Ministry of Economy, Trade, and the Business Environment (MECMA) referring to the national participation in the international fair and congress titled 'Power-Gen Europe - 2012,' which was held in Germany.According to the above-mentioned document, the Romanian companies aim to ...
S&P places Transgaz Medias 'BB+' rating on watch negative
Thursday, June 14, 2012
On June 11, 2012, Standard & Poor's Ratings Services placed its 'BB+' long-term foreign and local currency corporate credit ratings on Romanian natural gas transmission system operator S.N.T.G.N. Transgaz S.A. Medias on CreditWatch with negative implications. There is the press release ...
IEA says energy efficiency could save trillions
Thursday, June 14, 2012
Trillions of euros in investment in clean-energy technology are needed worldwide by mid-century to control rising carbon emissions, says a new report that could help shape the debate on some of Europe’s most controversial energy policies. The International Energy Agency report, released Monday (11 June), says that while investments in clean power are essential to reduce fossil-fuel consumption, improved efficiency offers ...
Future belongs to renewable energy
Thursday, June 14, 2012
The small and medium-sized enterprises (SMEs) would generate a 1.5-2 percent increase of the GDP, if they were bolder in the current economic context and took more chances, president of the National Credit Guarantee Fund for SMEs (FNGCIMM) Aurel Saramet told the International Annual Conference of the European Mutual Guarantee Association (AECM) on Friday.'I believe all the members of the European Mutual Guarantee Association have the instruments ...
Ministers set out 2050 vision for a 'green Europe'
Thursday, June 14, 2012
The EU's 27 environment ministers have set out the key elements of the bloc's environment policy for decades to come, calling for "an ambitious and compelling 2050 vision for a green Europe" that decouples economic growth from environmental degradation. However, green activists will be disappointed by the other part of the ministerial conclusions, which argue for better implementing existing environmental laws before creating new ...
EU rejects first citizen's petition, on nuclear power
Thursday, June 14, 2012
For the first time, the European Commission has rejected a proposed European Citizens’ Initiative (ECI), one that sought to phase out the use of all nuclear energy within the EU. In its reasoning, the Commission referred to the Euratom Treaty for the promotion of nuclear energy, saying that the accord bans the use of a citizens’ initiative directed against nuclear power. The German Federation for the Protection of Environment and Nature (BUND) had, together with ...
Rompetrol extends to Georgia, where they expect business of 200 million dollars, similar to 2011
Thursday, June 7, 2012
Rompetrol group,controlled by the Kazahk company KazMunaiGaz opened three new petrol stations in Georgia, reaching a network of 68 units for the distribution of fuel,and estimates to record in 2012 a turnover of 200 million dollars, similar to 2011. "The consolidation and growth of the presence of Rompetrol products in the region of the Black Sea is our objective for the next period, and the platform created by the group in ...
Premier Ponta dismissed Petru Lificiu from ANRE
Thursday, June 7, 2012
Premier Victor Ponta dismissed Petru Lificiu from the position of vice-chairman with position of subsecretary of state of the Authority for Regulation in Energy, according to a decision published on Wednesday in the Official Gazette. Ponta singed the decision on Tuesday. Premier Ponta stated on last Thursday in Iasi that he released the vicechairman ANRE due to the statements made by ...