The current situation in terms of electricity production in Romania is balanced, although we have the lowest flow on the Danube in the last 32 years, declared on Thursday, in a press conference, the Minister of Energy, Bogdan Ivan. “Today we had a first meeting of the National Energy Command, together with all the factors […]
The European Union member states imported 176.4 million tonnes of energy products, worth 95.3 billion euros, in the first three months of this year, down 3.9% in volume terms but up slightly by 0.3% in value terms, compared to the same period last year, according to data published by Eurostat. According to these data, the […]
A draft Emergency Ordinance (OUG) prepared by the Ministry of Finance shows that the state will reimburse 1.5 billion lei to energy producers who paid a surcharge of 100% of the revenues generated by selling energy at over 450 lei/MWh, a provision that was declared unconstitutional by the CCR last year, but the Court’s reasoning […]
EU Member States have significantly closed the gap to achieving the 2030 energy and climate targets, according to the European Commission’s assessment of the National Energy and Climate Plans (NECPs). EU countries have substantially improved their plans following Commission recommendations in December 2023. As a result, the EU is closing in collectively on a 55% […]
Romania will host, this autumn, in Bucharest, the second session of 2025 of the Investment Committee of the Modernisation Fund, managed by the European Investment Bank on behalf of the European Commission, according to a press release from the Ministry of Energy. This session will bring together representatives of the 13 beneficiary Member States of […]
A surge in business energy demand is reshaping the global energy landscape — and pushing energy providers to rethink how they support growth and deliver value. According to new EY research, two-thirds of businesses are concerned about accessing the reliable energy needed to grow, while 64% say that rising and unstable energy costs are already […]
Economic operators, companies and autonomous regies in Romania that carry out activities on the national territory in the steel, cement, oil and natural gas, energy production, but also in other highly polluting industries, can access a new program worth 150 million euros from the Modernization Fund, dedicated to investments in energy efficiency, the Ministry of […]
A new call for proposals for key cross-border EU energy infrastructure projects worth up to €600 million from the EU budget is being launched by the Commission today. Organised by the Climate, Infrastructure and Environment Executive Agency (CINEA), the call is open to projects included on the first list of Projects of Common Interest (PCIs) and Projects of […]
The energy-intensive industry benefits from a new state aid scheme, with a total budget of 150 million euros per year, with payment in two installments, annually, instead of a single installment, announced on Thursday the Minister of Energy, Sebastian Burduja, at the briefing at the end of the Government meeting. ‘Today (Thursday, n.r.) was an […]
In 2024, the EU imported €375.9 billion worth of energy products, amounting to a total of 720.4 million tonnes. Compared with 2023, imports decreased both in value (-16.2%) and in net mass (-7.1%). For petroleum, a decline was reported in both the value of imported petroleum oils (-4.7%) and in the volume of imports (-2.4%). […]
Energy must represent our essential export commodity in the next 15 years and I believe that all our efforts, at the governmental level, at the business level, must converge towards this absolutely essential element for future economic evolution, economic analyst Adrian Negrescu said on Wednesday at the Black Sea Forum. ”I believe that it is […]
One of the important strategic objectives should be investing in people, in competent personnel, who can use technology, innovate and adapt to the challenges of the future, said on Wednesday, the general director of Electrica, Alexandru Chiriță, at the Palace of Parliament. ”One of the important strategic objectives should be investing in people. Why? Because […]
Corneliu Bodea, founder of the Adrem group and president of the Romanian Energy Center (CRE), says that the current downward trend in electricity consumption will reverse, amid the expansion of electrification and data center activity, so for this reason investments in generation must continue. “Renewable energy is not expensive, it becomes expensive because of the […]
In 2022, the EU’s net domestic energy use was 58.8 million terajoules, representing a 4.2% decrease compared with 2021. This figure includes energy used directly by households and energy used by production activities of businesses and government. Of this total, businesses and governments consumed 72.9% for their economic activities, and the remaining 27.1% was consumed […]
