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Energy & Environment
Romania's natural gas imports advance 46.5 pct in January
Thursday, March 17, 2011
Romania imported 233,900 toe of usable natural gas in January 2011, up 46.5 percent (74,200 toe) from January 2010, according to data released by the National Statistics Institute.In the same period, Romania's domestic production of natural gas stood at 794,100 toe, up 1.8 percent (14,300 toe) from January 2010. ...
Net coal production up by 4.2 pct in Jan
Thursday, March 17, 2011
Romania's net coal production stood at 459,600 tonnes of oil equivalent (toe) in Jan 2011, namely by 4.2 percent (18,600 toe) higher than in the same time span in 2010, National Statistics Institute (INS) data read.Romania imported 36,800 toe net coal, in Jan this year, by 13,800 toe (60 percent) more compared to the coal imported over the same period last year. ...
German companies, interested in solar energy and biogas fields
Thursday, March 17, 2011
Representatives of nine German companies working in the solar energy and biogas fields participated in the meetings between the Romanian and German authorities in the energy and environment sector, on the occasion of the visit to Bucharest of the political and economic delegation subordinated to the Federal Ministry for Environment, Nature Conservation and Nuclear Safety of Germany, reads a release of the Romanian - German Chamber of Commerce and Industry.The delegations of the ...
Romanian-Korean partnerships in environmental projects
Thursday, March 17, 2011
Six official documents, including two exclusive distribution agreements, were signed on Monday between the Romanian and Korean companies participating in the seminar 'Korean Romanian Business Partnership Project', organized by the South Korean Government Agency KOTRA in Bucharest. They refer to a Memorandum of understanding between KOTRA and the General Association of Engineers in Romania, to collaborate on identifying companies that will develop partnerships for environmental ...
Enel To Invest EUR800M In Romania By 2015
Thursday, March 17, 2011
Italian utility group Enel plans to invest around EUR800 million in Romania between 2011 and 2015, in efficiency programs and client portfolio expansion, the utility group said in its 2010 financial report Tuesday.The group has planned worldwide investments of EUR31 billion between 2011 and 2015, the report says.Enel has been on the local electricity market since 2005 and has several local subsidiaries. Enel Appoints Luca D’Agnese AS CEO Of Romania Unit Italian utilities group Enel ...
Wind sector keeps up pressure on EU over targets
Thursday, March 17, 2011
The president of the European Wind Energy Association (EWEA), Arthuros Zervos, has called for the EU to adopt a binding renewable energy target of 30% for 2030. "The wind industry expects to invest some EUR 400 billion in Europe between now and 2030," he warned. "To do so it needs stable and certain EU energy policy." According to Christian Kjaer, EWEA's CEO, the continent's wind power sector is "increasingly concerned" about the lack of planning for the post-2020 period."It's ...
Romania endorses proposals for endurance tests of EU nuke plants to be run
Thursday, March 17, 2011
Romania endorses the proposals for endurance tests of the EU nuke plants to be run, after the latest accidents at the nuke plant in Japan, National Commission for Nuclear Activities Control in Romania (CNCAN) president Vajda Borbala said. At the end of a meeting of the national authorities for nuclear safety and operations in nuclear energy in the EU, that EU Commissioner for Energy convened, CNCAN president said that the participants in the meeting agreed that the nuclear security must be ...
Natural gas distributors want end-tariffs hiked 25 pct
Thursday, March 17, 2011
The natural gas distributor and supplier companies have required 25 percent hike in end-consumer tariffs in 2011 in three phases - from April 1, June 1 and Sept. 1 respectively, chairman of the Commission on Industries and Services in the Deputies' Chamber told a conference on the energy companies' listing on the Stock Exchange on Wednesday.'The distributors and suppliers, in order to cover their 600 million euros in losses, have calculated they would need a 25 percent hike in the ...
White ranking: Top 20 milk processing plants
Wednesday, March 16, 2011
Greek-held Olympus, French-held Danone and Romanian-held Albalact are the owners of the top three milk processing facilities in Romania. They account for around 25% of the overall capacity of the 100 or so facilities operating on the Romanian market. The ranking put together based on production capacity of the facilities is somewhat different from the ranking by turnover of companies operating in the dairy industry. The Greek at Olympus have the biggest processing facility, ...
CEZ Distribution invests 236 million lei in electric grids
Thursday, March 10, 2011
CEZ Distribution will invest in its areas of operation the sum of 236 million lei some 56 million euros in 2011, the company's representative Angelica Barbu told Agerpres on Thursday.According to her, the money will be used for upgrading transformation stations, overhead and underground power lines of 110 kV, 20 kV and 0.4 kV, and connection points. 'Versus 2010, the value of investments will increase in 2011 by 20%, which will increase the safety of exploitation, the quality of distributed ...
Lukoil to develop renewable energy projects in Bulgaria and Romania
Thursday, March 10, 2011
Russia's oil giant Lukoil intends to develop wind and solar power plants in Bulgaria and Romania, Vasily Zubakin, deputy head of the company's main energy division, said as quoted by news agency Ria Novosti.The projects are part of Lukoil's strategy to enter the renewable energy business, he said.As Russia has no mechanism to support alternative energy sources, Lukoil plans to direct such investments abroad, according to Zubakin.The company expects to wrap up plans for the new ...
Investments in Romanian energy projects postponed or abandoned
Thursday, March 10, 2011
The viable units of Romanian energy company Termoelectrica will be separated and the rest of the company operations will be closed by mid-2011, according to information provided to HotNews.ro by the Economy Ministry. The scenario is included in the letter of intention signed by the Romanian authorities with the IMF and will be applied separately from the creation of two major national energy companies, Electra and Hidroenergetica. The fate of several power plants remains uncertain as some of ...
Adama Technologies Signs Final Accord for Romanian Renewable Energy Project
Thursday, March 10, 2011
Adama Technologies, a clean technology company, declared that it has contracted a final accord for a clean energy project in Romania. The company has signed for developing a 2.5 MW municipal gasification project utilizing waste in Bucharest, Romania with an assurance for regular supply of waste and purchase of power generated from the facility.The gasification project will utilize the waste generated by the municipality to produce power. The project has signed a power purchase ...
Germany hosts crisis 'summit' over E10 biofuel
Thursday, March 10, 2011
Berlin's attempts to implement an EU law requiring a 10% share of biofuels to be used in transport by 2020 have hit a wall as a majority of German drivers are avoiding the new E10 biofuel standard over fears it could damage car engines. A special summit is taking place today to address the issue.The E10 fuel standard – a mixture of 10% ethanol and 90% gasoline – has been available at German filling stations since February, but consumers are boycotting the new fuel.German motorists seem ...
Two EC initiatives on carbon emission reduction and energy efficiency increase, presented in Bucharest
Thursday, March 10, 2011
Unit director with the Directorate-General for Climate Action Peter Wehrheim on Wednesday in Bucharest presented two initiatives of the European Commission (EC) on the reduction of carbon emissions and the increase in energy efficiency. The presentation will be followed by a session of questions and answers.The European Commission on Tuesday presented a 'technology roadmap' for the reduction of greenhouse gas emissions in the European Union, aiming at their elimination as a ...
Electricity consumption in Romania, up 4 pct in January
Thursday, March 10, 2011
Final electricity consumption in Romania stood at 4.661 billion KWh in January 2011, up 4 percent from the similar period of 2010, on a 3-percent rise in population consumption and a 7-percent drop in electricity use for public lighting.Romania's exports of electricity rose by 342.3 million KWh, or 253.4 percent, according to provisional data released by the National Statistics Institute (INS).Primary energy resources in January advanced 0.9 percent, while electricity resources ...
Rompetrol raises fuel prices by RON 0.09 per litre
Thursday, March 10, 2011
Rompetrol on Wednesday raised the average prices for fuels traded at its own stations by RON 0.09l.One litre of Efix petrol is now traded for RON 5.3 while 1 l of Alto 101 petrol is traded for RON 5.97. The price for Efix Diesel fuel increased by RON 0.06, to RON 5.32l. while the price for Diesel Alto 55 fuel increased by RON 0.09, to RON 5.64l. Prices at the station might vary between minusplus 5 percent from the average prices. Rompetrol increased fuel pump prices Wednesday by up ...
BNR's Isarescu: We hope for fuel price corrections in Romania
Thursday, March 10, 2011
The National Bank of Romania (BNR) is expecting inflation to go below 4 percent throughout 2011 and is hoping for a correction of domestic fuel prices, BNR Governor Mugur Isarescu told a business forum on Wednesday in Bucharest on business opportunities in Central and South-Eastern Europe provided by cooperation between the Gulf Cooperation Council and Romania.Mentioning the internal prices for fuels, he said there is no more excuse of fluctuations in the exchange rate against the ...
Romanian Antitrust Body Asks Govt For Delay In Fuel Inquiry
Thursday, March 10, 2011
Romanian Competition Council asked the government to extend the deadline by which the authority had to present the conclusions of its investigation on the price increases on the local fuel market, people close to the matter told Mediafax. "A deadline extension was asked, so that the Competition Council might look for new elements, by comparing its data with the ones of tax authority ANAF," sources in the council told Mediafax Wednesday. On February 23, the government received the Competition ...
Brussels weighs legal action on internal energy market
Thursday, March 3, 2011
EU Energy Commissioner Günther Oettinger yesterday (28 February) gave governments more breathing space to pass energy liberalisation directives into national law as a 3 March deadline approaches. A month ago, not a single country had yet done so.Speaking after a meeting of EU energy ministers in Brussels, Oettinger said that the European Commission was scanning legislation put forward by member states to incorporate the third energy package of legislation into national law."Once that ...