- Power
Grids for Europe Energy Transition Unprepared to Support Renewable Capacity Growth
European Union countries systematically underestimate the speed at which renewable energy sources will be added to grids in their development…
Read More » - Oil & Gas
Extended Support for the Vertical Corridor
The Vertical Corridor, a European gas pipeline system involving TSOs of seven countries – Greece, Bulgaria, Romania, Hungary, Slovakia, Moldova,…
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Transgaz in 2023: A 150% Higher than Budgeted Profit
Transgaz’s individual net profit was RON 159.9 million in 2023, 56% lower than in 2022, but 150% higher than budgeted,…
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Decoupling From Russian Gas: Vertical Corridor
An important step towards the activation of a bi-directional corridor of natural gas flows from Greece to Ukraine and vice…
Read More » - Environment
ANRE Report: Barriers to Grid Connection of New Renewable Energy Capacity
The lack of legislative levers to prevent the development of potentially speculative investments, as well as the lack of a…
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Electrica Group’s Activity Marked by Increased Profitability
In the first nine months of 2023, EBITDA at Electrica Group level recorded a solid increase by 13.5%, or RON…
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European Wind Power Action Plan
As Europe’s major wind turbine manufacturers have all suffered losses on the back of project numbers, the European Commission is…
Read More » - Environment
Sustainable Energy and Climate: Trends and Projections
Greenhouse gas emissions fell by two percent last year in the European Union (EU) compared to 2021 levels, according to…
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Iernut, Mintia and Isalnita: New Hot Spots on the Energy Map in Romania
Energy Minister Sebastian-Ioan Burduja has asked Duro Felguera and Romgaz to speed up work on the new combined cycle gas…
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European Court of Auditors Warns: Offshore RES Targets Can Be Hard to Reach
The development of offshore renewable energy (RES) in Europe yields ambiguous results, warns the European Court of Auditors (ECA) in…
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Hidroelectrica Building a Giant Photovoltaic Park
Hidroelectrica, Romania’s largest electricity producer, has put out to tender a contract for the purchase of a feasibility study for…
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Tosçelik, Supplier for Romania’s Black Sea Gas Pipeline Project
Romania’s Transgaz this year has started work on the Tuzla – Podisor gas pipeline, which will link Black Sea gas…
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Ion Sterian, General Manager of Transgaz, asks Brussels to approve funding for the energy investment projects proposed by Romania
Transgaz, technical operator of the national gas transmission system, on Wednesday sent a letter to several senior European officials asking…
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Transgaz Closer to Taking Over Operation of NTS in the Republic of Moldova
The Moldovan parliament has adopted in the first reading a draft law that will transfer the functions of the current…
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Romania Has Completed RePowerEU Provisions
The Ministry of Investment and European Projects announced that Romania has finalized the provisions included in Component 16 of the…
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ASF Approved the Prospectus for Hidroelectrica’s Listing
Hidroelectrica, Romania’s leading hydropower producer with a 100% renewable generation portfolio and one of the largest hydropower producers in Europe,…
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EUR 57 Mn Non-reimbursable Funding for Development and Modernisation of Electrica’s Distribution Network
Electrica Group, through the operator Distributie Energie Electrica Romania (DEER), has attracted non-reimbursable European funding, through the Modernisation Fund, amounting…
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Greening Contaminated Sites in Romania Between Stories and Reality
Although hundreds of mines and quarries were closed in the late 1990s, the greening of contaminated land is far from…
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Transgaz to Start Works on Tuzla-Podisor Gas Pipeline
The order for the commencement of works on the Tuzla-Podisor gas transmission pipeline will be issued on June 16 during…
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Transgaz Shareholders to Receive 15 Free Shares for Each Share Held
Transgaz (TGN) shareholders will receive 15 shares for each share held, according to a report sent to the Bucharest Stock…
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