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Energy & Environment
Minister of Economy: Romania's daily gas imports stand at 3 million cubic meters
Thursday, January 22, 2009
Romania has open access for the import of three million cubic meters of Russian gas daily, of which an intake of 1.4 million through the entry point Mediesul Aurit (country north) and 1.6 million through Isaccea (country east), Minister of a Economy Adriean Videanu told a press conference on Wednesday.'Romania has open access to the Russian gas shipment system for an amount of three million cubic meters a day, of which 1.4 million flow via Mediesul Aurit and 1.6 million via ...
Moldova to join Nabucco project, counts on Romania's support
Thursday, January 22, 2009
The natural gas crisis forces the Moldova government to revise the energy resources scheme, given the fact that the country fully depends on Russian gas. In order to diversify its energy sources, the Kishinev officials hope to become part of the Nabucco project, Nezavisimaia gazeta reads, quoting recent statements of the deputy Economy Minister, Fedor Copaci. "We will attempt to obtain a connection to the gas pipeline that will cross Romania, by-passing Ukraine and Russia", said Copaci. ...
PM Emil Boc to attend Nabucco summit in Budapest Jan 27
Thursday, January 22, 2009
Premier Emil Boc announced in a televised broadcast Monday evening that on Jan. 27 he would attend a summit meeting in Budapest devoted to the Nabucco pipeline project. 'We need long-term energy solutions for Europe and Romania, for us to no longer be left shivering in the cold whenever a politician, whoever he might be, decides to turn off the tap and send the entire European economy on hold for three or four weeks. I think Europe needs to speak with a single voice on this issue,' said Emil ...
Smarter grids 'crucial' for delivery of EU climate goals
Thursday, January 15, 2009
Upgrading the current European electricity grid with smarter technologies is key to overcoming the infrastructure challenges posed by the EU’s energy and climate package, according a leading supplier of power generation technologies.The EU has been moving towards deregulation of the electricity markets for the past decade, but emphasis has been on ensuring the reliability and quality of energy supply, while renewables and transmission efficiency have been neglected, explained GE Energy's ...
EurActiv Interview: Gas conflict 'highlights importance of Nabucco'
Thursday, January 15, 2009
The current gas crisis could provide the momentum to develop a consistent EU energy policy, while the European Commission should take the lead in implementing the Nabucco pipeline project, Bulgarian Socialist MEP Evgeni Kirilov told EurActiv in an interview.Kirilov called for an independent investigation to be carried out to ascertain "which of the two countries is more irresponsible". "Whichever it is has must be sanctioned in a very severe way, so this can never be repeated again," he ...
E.ON Gaz Romania Holding and E.ON Energy Romania merge
Thursday, January 15, 2009
E.ON Gaz Romania Holding and E.ON Energy Romania merged into one company, namely E.ON Romania, on January 1, 2009, reads a company's release made public on Wednesday.E.ON Romania general manager is Frank Hajdinjak and the joint company plans to streamline E.ON activities in Romania both in the field of natural gas and the electricity, the source says.It is worth mentioning that the decision was made in September 2008 during the talks E.ON Energy AG and E.ON Ruhrgas AG officials held in Targu ...
Romanian Mine Subsidies Down 14% Pending Budget Approval
Thursday, January 15, 2009
Romania’s mining units will get less unitary subsidies for products and social protection by 14% compared to 2008, until the approval of the draft budget for 2009 and the new subsidies, the Government decided in Friday’s meeting."Until the approval of the law on the state budget for the year 2009 and the approval by the Government of the subsidies for products and social protection granted to companies, the national companies in the mining sector which receive subsidies in 2009 are to get ...
Romanian natural gas imports total 3.466 mln toe
Thursday, January 15, 2009
Romania imported 3.466 million toe (tonne of oil equivalent) of natural gas, during the first eleven months of 2008, by 0.4 percent more that over the same time span in the previous year, National Statistics Institute (INS) data say.Romania's natural gas production stood at 8.438 million toe, over Jan.-Nov. 2008, by 6.4 percent less than over the first eleven months of 2007. ...
Romanian oil production at 4.025 mln toe
Thursday, January 15, 2009
The Romanian oil production amounted to 4.025 million toe, over the first eleven months of last year, being by 7.2 percent lower than that during the same time span in 2007, National Statistics Institute data say.Romania's oil imports totaled 7.830 million toe, over Jan.-Nov. 2008, by 2 percent higher than during the same period of 2007. ...
Romanian primary energy resources down 0.7 pct
Thursday, January 15, 2009
The Romanian primary energy resources in the 11 months of 2008 were down by 0.7 percent from the same period in 2007, while the electrical energy resources were up by 7.3 percent, show figures made public by the National Institute of Statistics on Monday.The main primary energy resources over Jan.-Nov. totalled 37.388 million tonnes of oil equivalent (toe), down by 272,000 toe.The domestic production amounted to more than 22.324 million toe, up by 0.9 percent on Jan.-Nov. 2007, ...
Electrica to become energy supplier from alternative sources
Thursday, January 15, 2009
Electricity distributor Electrica is to sell, till next year-end, the first power quantities derived from alternative sources. The company strategy provides the construction of wind turbine stations, based on biomass and micro hydro power stations, going to invest more than 600 million euros to this end, Financiarul daily reads on Wednesday.According to the newspaper, the first MWh to be delivered next year to the national grid will be produced by wind turbines.'We took over two ...
Transgaz: Consumption of natural gas, ensured for two months
Thursday, January 15, 2009
The consumption of natural gas, in normal parameters, is ensured for two months, if the average temperature is, in this period, of minus ten degrees Celsius, said, on Wednesday general manager of Transgaz Ioan Rusu.Function of the necessities of natural gas, consumption could be cut, but it is not necessary, for the time being. The cut of 0.8 percent in the exploitation of natural gas from reservoirs will be kept, but this does not affect the final consumer. A commission for safety in ...
Economy Ministry Official Confirms Annulment Of Romania's Power Holding Setup
Thursday, January 15, 2009
Romanian Economy Ministry will draw up an emergency ordinance to annul the national power holding setup, Tudor Serban, state secretary within the ministry, said on Wednesday.Last October, the former Romanian government issued an emergency ordinance to establish the national power holding, including Romanian state-owned power grid Electrica, state-run hydropower generator Hidroelectrica and thermal power producers Turceni and Rovinari.Serban added that each of the companies that formed the ...
Electrica, Energy Holding and CE Craiova in top of traders on electricity market
Thursday, January 8, 2009
After the first nine months of this year, the state company Electrica, through its three branches Muntenia Nord (14 percent), Transilvania Sud (14 percent), Transilvania Nord (11 percent) tops the ranking of suppliers on the regulated market with 39 percent, according to figures of the National Electricity Regulatory Authority (ANRE). In this way, Electrica outstripped by three percentage points the private energy trader Energy Holding on the electricity market. Holding the second ...
Wind energy hottest energy field in 2009
Thursday, January 8, 2009
Wind energy will continue to be the hottest energy field in 2009, when the number of transactions is expected to grow compared to 2008, at least in this segment, with the year's top deal between the Czech CEZ and the U.S. Continental Wind Partners (CWP), worth up to 300 million euros, the Business Standard reports . Sorin Vladescu, a partner specializing in energy-related issues in the Tuca Zbarcea&Asociatii law firm, said the merger and acquisition (M&A) market in this field is ...
Methane production to drop constantly by 2013
Thursday, January 8, 2009
The usable natural gas production will drop by more than 5.5 percent in 2013, from 8.86 million tones of oil equivalent (toe) in 2008 to 8.37 million toe in 2013, according to the fall prognosis on the energy balance for 2008-2013 issued by the National Prognosis Commission (CNP).The methane production is expected to fall up to 8.7 million toe in 2009, to 8.6 million toe in 2010, 8.515 million toe in 2011 and to 8.440 million toe in 2012.The extracted crude oil production ...
MOL, Agip Exchange Gas Stations In Austria, Romania
Thursday, January 8, 2009
Hungary's oil group MOL sold 10 gas stations operated in Romania to fuel retailer Agip Romania, a unit of Italy's oil company ENI, buying at the same time 26 gas stations operated by Agip in Austria, by an agreement aimed at optimizing both companies’ operations on the fuel distribution market.The transaction was also aimed at reaching both Agip and MOL development targets, MOL stated Monday in a press release.Following the transaction, MOL group will own 73 gas stations in Austria and ...
Romania’s Carom Starts Producing Biodiesel Next Year, Could Resume Synthetic Rubber Prod
Thursday, January 8, 2009
Romania’s synthetic rubber maker Carom Onesti could start producing biodiesel next year following investments of nearly EUR20 million and is considering resuming rubber production.In view of resuming rubber production, Carom will undergo several assessments in terms of installations, costs needed to resume production and demand for synthetic rubber on foreign markets, said Veronica Neicu, general manager of Bucharest-based Energy Bio Chemicals, which bought Carom.Neicu said Energy Bio ...
Some 11.5 mln MWh traded in 2008
Thursday, January 8, 2009
As much as 11.578 million Megawatts per hour of electricity was traded on the Romanian Centralised Bilateral Contracts Market (CBCM) in 2008, show figures released by the Energy Market Operator on its Web site.Some 696,264 MWh was traded on the CBCM in December, with the energy being sold by Nuclearelectrica for prices ranging between 192.95 lei a MWh and 198.20 lei a MWh.The prices last year varied from 130 lei a MWh to 214 lei. The euro traded at 3.98 lei at year-end. ...
95,593 green cerficates traded in 2008
Thursday, January 8, 2009
As many as 95,593 green certificates were traded in 2008 in the Centralized Market of Green Certificates, according to data published on the site of the Operator of the Energy Market - OPCOM.As many as 37,703 green certificates were traded in 2007, through OPCOM.On Dec 1, 2006, the Rules for the organization and operation of the Green Certificates Market came into effect, they were approved by the ANRE 22 order, of Oct 18, 2006.The Green Certificate is a document certifying ...