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Advanced monitoring for wind and photovoltaics at PPC Romania

PPC Renewables Romania, the company that deals with the production of energy from renewable sources within the PPC Group, inaugurated yesterday a control room through which it monitors and manages all the company's local renewable energy...

"The final consumer's bill will be indirectly affected by the introduction of the pillar tax"

Reporter: How did 2024 end for energy suppliers, and what are the prospects for 2025?

What dividends does Prime Transaction estimate for BVB companies next year?

Fondul Proprietatea (FP), Sphera Franchise Group (SFG) and Evergent Investments (EVER) are the issuers that Prime Transaction analysts expect to have the highest dividend yields in the BET-BK index next year, according to the attached analysis...

The referendum called by Nicuşor Dan has passed the first validation threshold

The citizens with the right to vote in Bucharest yesterday expressed, in addition to the option for the position of President of Romania, those regarding the questions in the referendum organized by the General City Hall of the Capital, a...

The Energy Strategy for the next decade, approved by the Government

The Government adopted the new Energy Strategy of Romania 2025-2035, with the perspective of 2050, a programmatic document that establishes six essential strategic objectives for the sustainable development of the national energy sector: energy...

Global Value Chains - Summary

Global Value Chains (GVCs) are international networks of economic activities through which goods and services pass through multiple stages of production, processing and distribution, carried out in different countries. These chains allow...

Energy prices in Southeast Europe, on the Eurelectric table

The volatility of electricity prices in Central and Eastern Europe will also be discussed by Eurelectric members, said in a press conference, Corneliu Bodea, the president of the Romanian Energy Center, who requested this from Kristian Ruby, the...

AHK Romania: Massive investments are needed in the development of networks and energy storage capacities

The modernization and development of the energy transport and distribution networks for which an estimated financing of between 9.2 and 11.5 billion euros is needed and the achievement of storage capacities of at least 1.2 Gigawatts (GW) by 2030,...

Photo source: facebook / Sebastian Burduja

Sebastian Burduja: "We cannot surrender to some NGOs that sabotage the completion of the Răstoliţa and Bumbeşti-Jiu hydropower plants"

The projects to complete the Răstoliţa and Bumbeşti-Jiu hydropower plants will continue despite the opposition of the non-governmental organizations that are sabotaging the efforts of the Romanian state, declared yesterday the Minister of Energy,...

Our athletes covered themselves in glory at the Paris Olympics

The middle of the calendar summer constituted a real challenge for the national energy system, in view of the increase in electricity consumption due to a prolonged period of 10 consecutive hot days, when temperatures of over 40 degrees in the...

Is Simion's plan possible or is it a mirage?

George Simion, the president of the Alliance for the Union of Romanians and candidate of this party in the presidential elections of November 24, offers houses to all the people. Simion's offer? 35,000 euros for a two-room apartment of 50-52...

Dana Dărăban, ACUE: "Penele de electricitate pot fi eliminate doar cu investiţii serioase în reţelele de distribuţie"

Măsurile luate de Guvern vor rezolva situaţia pe termen scurt, dar pe termen lung este nevoie de investiţii în reţeaua de distribuţie pentru a reduce sau a elimina riscul producerii unor pene de curent, ne-a declarat Dana Dărăban, director...

Dana Dărăban, ACUE: "Electricity blackouts can only be eliminated with serious investments in distribution networks"

The measures taken by the Government will solve the situation in the short term, but in the long term, investments are needed in the distribution network to reduce or eliminate the risk of power outages, Dana Dărăban, executive director of the...

Tangled energy

The heatwave during this month showed the limits of the national energy system, limits that the Government seeks to solve with firefighting measures, which energy experts claim are only valid in the short term and do not solve the systemic...

Gas distributors, dissatisfied with the investment return rate offered by ANRE

The Federation of Associations of Energy Utility Companies (ACUE) requests the Energy Regulatory Authority (ANRE) to establish for the operators of natural gas distribution networks a remuneration rate for the invested capital different from that...

The government "discovers" the usefulness of the energy production capacities in the band

The increase in energy production in the strip, regardless of the source, represents "the discovery" of Prime Minister Marcel Ciolacu and the members of the Energy Command in order to reduce blackouts and consumers to permanently benefit...

Dana Dărăban, executive director of ACUE, said: "On a basic scenario, at least a tripling of the investment level, from the own funds that the distribution operators must provide, i.e. from 2.3 billion euros to 6 billion euros on the following regulatory conditions, we are talking about a level of the tariff (ed. - distribution, in the consumer's bill) that will gradually increase until the year 2030". (Photo source: facebook / ACUE)

Distribution companies demand a favorable regulatory framework for energy investments

The energy distribution companies commit to invest 6 billion euros until 2030 to strengthen the networks, provided a favorable regulatory framework, which allows them to gradually recover these investments, from the distribution tariff, over a...

Daniela Dărăban: "Energy efficiency is the best first fuel for development"

Energy efficiency is the best first "fuel" for development that Romania has, said yesterday, Daniela Dărăban, executive director of the Federation of Associations of Energy Utility Companies (ACUE), on the occasion of the finalization...

Raport ERT: Investiţii subfinanţate în dezvoltarea reţelelor de transport şi distribuţie a energiei

Tranziţia energetică pare să se afle în impas, atât timp cât statele membre au nevoie de investiţii totale în reţelele de transport şi distribuţie de 800 miliarde euro până în anul 2030, potrivit unui studiu întocmit de Energy Round Table, un...

ERT Report: Underfunded Investments in the Development of Energy Transmission and Distribution Networks

The energy transition appears to be at a standstill as member states need total investments in transmission and distribution networks of euro800 billion by 2030 according to a study by the Energy Round Table, a body made up of the main energy...

Mircea Geoană, Deputy General Secretary of NATO, stated: "The economic model will change, the configuration of supply chains will change, and technology will have an impact on our products. We are participating in the biggest transformation in history, and governments alone, even if they are effective, will not be able to make the necessary changes by themselves, but must collaborate with the academic environment and the business environment".

German companies - ready to invest in transforming Romania into an energy hub

German companies in our country are ready to contribute to changing the Romanian economic model in the current regional geopolitical context, to the digital transformation and to the opportunity offered by the green transition for our country to...

Our country is part of the Eastern European cross-border route used by criminal networks for human trafficking. These networks introduce migrants from Ukraine, Turkey and Afghanistan into or through Romania, Hungary, Slovakia, Bulgaria or Poland, through trucks registered in Turkey.

GIATOC Index: Crime remains at a high level in Romania

According to the crime index for last year published by the Global Initiative Against Transnational Organized Crime, a non-governmental organization based in Switzerland, with a score of 4.58 our country ranks 27th out of 44 European states,...

Annual investments of one billion euros to achieve the energy targets in the PNRR

Our country should make annual investments of one billion euros in order to achieve by 2026 all the targets and objectives passed in the energy chapter in the National Recovery and Resilience Plan, the participants of the 11th edition of the...

The eighth edition of the annual conference of AFEER, an event that this year was held under the title "Preparations for a competitive energy market".

The suppliers expect the increase in the settlement terms of the state regarding the compensation of energy facts

The delays regarding the payment by the state of compensation for energy facts could increase significantly after the Government's approval of the draft normative act that will amend GEO 27/2022 through which the capping-compensation...

Alexandru Stânean, CEO TeraPlast: "Ukraine's reconstruction plans are worth hundreds of billions of euros"

The international development of the company and obtaining the status of a candidate country for joining the European Union were among the reasons for TeraPlast's acquisition of the majority stake in the company Palplast from the Republic of...

A young entrepreneur started a two-color bread business

A 36-year-old young woman from Buzău, an economist by profession, set up a business with handmade Mayan bread, in two colors, surprising the local community and beyond.

Andrei Brînzea, partner Land and Industrial Agency Cushman & Wakefield Echinox, declares: "Companies are still cautious in terms of business expansion, implicitly determining a reduction in the need for new premises".

Cushman & Wakefield Echinox: "New projects delivered on the industrial and logistics space market, halved in 2023"

The stock of industrial and logistics spaces exceeded the 7 million square meter mark, almost 80% of the surface being concentrated in three development regions: Bucharest - Ilfov, West and South - Muntenia, according to data from the real estate...

Cristian Pascu, AAF: "We want to implement the system of global accounts for the sale of funds"

The system of global accounts for the sale of investment funds will be implemented in our country probably at the end of this year or the beginning of next year, said recently Cristian Pascu, the vice-president of the Romanian Association of Fund...

The World Wide Fund for Nature makes recommendations for the Ministry of Energy and the Ministry of the Environment

Dialogue between environmental organizations and authorities is crucial for implementing the best measures to protect nature. WWF-Romania (World Wide Fund for Nature) has sent its recommendations to the Ministry of Energy and the Ministry of...

The perspective of significant relocations from other countries enhances the real estate potential of Romania

Our real estate market continues to have a high growth potential, even though the pace may be slower this year compared to pre-pandemic trends, according to Colliers consultants. Specialists indicate that 2024 could prove to be better than 2023...

Social Media and Technology: Wave of Layoffs at Major Companies

The year did not start under the best auspices for employees of major companies in the social media and technology sector. This continues the cost-cutting policy that started abruptly over a year ago. For those who get their information from...

The President of ANRE, George Niculescu, showed that, during the eight months of his mandate, 15,620 petitions were registered and resolved, most in the field of electricity, respectively, 13,562. In the field of natural gas, 2,058 complaints were registered. For comparison, in 2021, 23,778 petitions were registered and in 2022 - 38,998 petitions.

Three energy suppliers, fined 18 million lei by ANRE

The National Energy Regulatory Authority (ANRE) fined three electricity suppliers with almost 18 million lei and sanctioned two others with a warning, because they purchased through the Centralized Electric Energy Purchase Mechanism (MACEE) a...

Romania - logistic hub for the reconstruction of Ukraine

Foreign investments, ensuring a transparent and efficient flow of financial capital and increasing human capital are essential for the reconstruction of Ukraine, argued the participants of the first day of the international conference...

Quantitative compensation of prosumers, in stand-by; President Iohannis sent the law back to Parliament

The prosumers still have to wait until they benefit from quantitative compensation regarding the electricity produced from renewable sources and introduced into the transmission and distribution networks in the country, because the President...

Court of Accounts Report: The Ministry of Energy has not developed the new National Energy Strategy

Our country has not yet approved a National Energy Strategy (SEN), which defines the objectives of the natural gas sector in the medium and long term and the ways to achieve them, in the conditions of ensuring a sustainable development of the...

Energy capacity development - held back by prosumers and project speculators

The development of new energy production capacities from renewable sources is being held back at the moment by some of the prosumers, who instead of satisfying their need for self-consumption have turned into real energy producers, as well as by...

Gabriel Biriş: "The turnover tax will hit the energy sector hard"

The new minimum turnover tax will severely hit the energy sector, especially the supply and distribution part, Gabriel Biriş, partner at Biriş Goran, said on Tuesday, quoted by Agerpres.

SUPLIMENT BSE"Suntem în discuţii cu bursele din regiune pentru potenţiale proiecte comune"

Ziarul BURSA: În fostele ţări comuniste, bursele de valori s-au redeschis în anii 1990 şi au fost utilizate în primul rând pentru listarea companiilor de stat. Cât de important a fost acest proces pentru piaţa de capital din Bulgaria? De...

GEORGE ZHANG, HUAWEI:"We are counting on stable relationships and free competitiveness in Romania"

• "We believe that in 2020 the Romanian Government will give the green light to the 5G auction" • "We are considering the beginning of a road show, a mini-Mobile World Congress" • "If you remove Huawei from the Romanian...