09.18.2013

Romania plans to finance investments in modernizing its energy sector with funds obtained from selling to power producers greenhouse gas emission certificates, which the country will receive from the more

08.30.2013

GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, Friday said its net profit rose 35.6% to 352.5 million lei (EUR79.45 million) in the first half, helped by lower purchase costs. more

08.23.2013

Nuclear power producer Nuclearelectrica, which covers around 20% of Romania’s energy consumption, has lost 23 energy sale contracts since the beginning of the year after the buyers decided to more

08.21.2013

Virgil Mailat, the businessman who introduced PET bottled beer in Romania at the time he was a shareholder of Bere Mures brewery, has completed renewable energy projects worth around EUR43 million more

08.02.2013

GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, increased by 150 million lei (EUR34 million) to RON154 million the share capital of Buzau-based wind farm developer Alizeu Eolian, more

07.31.2013

Romanian state-owned hydropower producer Hidroelectrica has started legal proceedings against energy traders Alpiq Romindustries and Energy Holding claiming “several hundred million lei” for more

07.31.2013

More than EUR1 billion were invested in wind and solar farms in the first half of the year, and EUR288 million were paid as subsidies to producers. Renewable energy accounted for 12% of total more

07.30.2013

Romania plans to apply reserve taxation on electricity deliveries to traders and on transactions involving green certificates in a move to fight tax evasion and eliminate cash-related problems more

07.30.2013

Photovoltaic parks operated at higher capacity than wind farms at certain hours in the first part of Monday, the hottest day of the year so far, even though the installed capacity of the latter is more

07.25.2013

The Romanian government plans to set up an investment fund with an initial capital of over EUR1 billion that would include the state’s minority stakes in the companies held by the Economy more

07.25.2013

Romanian Minister-delegate for Energy Constantin Nita said Thursday he plans to lower cogeneration fees and energy transport tariffs and find additional solutions to support both industrial and more

07.25.2013

Romania will organize an auction in August or September to select a firm to draw up a new national energy strategy, Minister-delegate for Energy Constantin Nita said Thursday, adding that he aims to more

07.24.2013

State-owned and private firms register debts of over 1 billion lei (EUR0.22 billion) to electricity suppliers, and state-owned railway operator CFR is the main debtor, with more than half of the total more

07.22.2013

Romanian firm Energy Bio Chemicals SA has entered insolvency at the request of E.ON Energie Romania, a unit of German utility E.ON. more

07.22.2013

Energy Holding, one of the best-known private energy traders on the Romanian market, says it had losses of 110 million lei (EUR25 million) last year. It explains this through the loss of its contract more

07.17.2013

The Romanian authorities and energy regulators in the Czech Republic, Poland, Slovakia and Hungary have signed a memorandum of understanding to combine their power markets, Romania’s power grid more

07.15.2013

Enel Green Power (EGP), part of Italian utilities group Enel, has connected to the grid its first two photovoltaic parks in Romania, which have a total installed capacity of about 19 megawatts. more

07.11.2013

Romanian annual electricity consumption will likely stabilize around 45 to 50 terawatt-hours over the next few years, Economy Minister Varujan Vosganian said Thursday. more

06.28.2013

Romania will turn to own resources to increase oil and gas output after the Nabucco West project lost a bid to transport Azeri gas to the European Union, President Traian Basescu said Friday. more

06.25.2013

The price of electricity will rise following Romanian authorities’ recent decision to limit state support for producers of renewable energy, Zoltan Nagy-Bege, member in the executive board of more

06.21.2013

Increased renewable energy production has lowered market electricity prices in Romania, with spot market participants paying on average 32% less for the electricity purchased. more

06.19.2013

Romania’s solar power output became noticeable in the national energy system Tuesday at noon, when 16 megawatts of solar power were fed into the grid, according to real-time statistics by power grid more

06.16.2013

The European Commission’s Directorate-General for Competition (COMP) has started a preliminary investigation into the provisions of Romania’s emergency decree regarding state support for renewable more

06.12.2013

Romanian Bio Fuel Energy, which produces bioethanol, livestock feed and vegetable oil, expects a 10% rise in sales this year from 290 million lei (EUR64 million) in 2012 to RON320 million, due to more

06.11.2013

The Romanian Government plans to postpone by six months the deregulation of natural gas prices, but the European Commissioner for Energy Gunther Oettinger has recommended that Romania should stick to more