CEZ has decided: it wants to sell the Romanian assets by end-2022. How the local business performed in H1

The Czech Group CEZ, which already announced its strategy of selling the assets from some Eastern European countries, including Romania, has set the deadline for doing this. “Finalizing the selling of assets... Read more »

Premiere: Rompetrol entered Top 10 the most valuable brands in Romania

Rompetrol, the second oil company of Romania, entered, for the first time in the top 10 brands in Romania, as value, according to the report published by Brand Finance, a global independent... Read more »

INTERVIEW Livio Gallo, Enel: We will require shorter terms of installing smartmeters, 2028 is very far, re-evaluate investment plans in Romania

Livio Gallo, Head of Global Infrastructure and Networks of the Enel Group, had a brief discussion with Romanian journalists on the Eurelectric Power Summit 2019. Now that the regulated remuneration rate was increased, by... Read more »

Gazprom-owned company finds oil in Romania, aims to begin production later this year

Nis Petrol Romania, a company indirectly owned by Russian giant Gazprom, has confirmed  that it has found oil in western Romania. Nis has already signed an agreement with Conpet to retrieve and... Read more »

In a country that does not want renewables, no one will come to coerce investments.” Why new wind turbines are necessary in Romania. INTERVIEW

Why no new wind turbines were installed in Romania in the past two years, what should be done on a regulatory level in order to bring in new investors, how can the... Read more »

ACUE: The increase of the rate of return of invested capital – a message to increase the investments in the electricity and gas transport and distribution

The member companies of the Federation of Associations of Energy Utility Companies (ACUE) appreciate that the Government’s decision to increase the regulated rate of return (RRR) of invested capital is a message... Read more »

ANRE’s VP Henorel Soreata has resigned-sources

Henorel Soreata, one of the two VPs of the National Energy Regulatory Authority has resigned starting 1th of March, according to market sources. Henorel Soreaţă has announced his resignation in the institution... Read more »

How ANRE distributed the cheapest energy in the country – the one delivered Hidroelectrica on the regulated market. The quantities received by Electrica, Enel, CEZ and E.On

For the period March 1st – December 31st 2019, the National Energy Regulatory Authority (ANRE) imposed to large electric energy producers to sell a certain amount of energy at fixed prices to... Read more »

Electricity consumers will pay annually up to 340 million euros in their invoice to support energy investments. Contracts for difference (CfD) appear

The Energy Ministry has published a summary of the study it has requested concerning the introduction of CfDs to finance energy investments. All low carbon emissions technologies will qualify for this mechanism,... Read more »

A new market appears. Renewable energy producers can now sell energy and green certificates in a „bundle”

ANRE drafted the operating rules for a new market for energy producers from renewable sources, on which both energy and green certificates can be sold. „It was decided to create and make... Read more »