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The Greek company Gastrade SA announces the signing of the agreement for the acquisition of 20% of its share capital by DESFA S.A., owner and operator of the National Natural Gas Transmission System of Greece. The agreement was signed today in Athens by the Founding Shareholder & Chairman of the Board of Directors of Gastrade, … Continuă să citești Participation of DESFA in the Alexandroupolis LNG Terminal

The European Federation of Energy Traders (EFET) welcomes the future ACER study on efficient price formation and ease of access to and participation in the European electricity markets. While the functioning of electricity markets in Europe has generally improved over the years, much remains to be done on price formation and market access in order … Continuă să citești EFET: Removing barriers to efficient price formation and market entry in European electricity markets

SN Nuclearelectrica SA expresses its appreciation for the initialization of the Agreement between the Romanian Government and the Government of the Unites States of America regarding the cooperation related to the nuclear-energy projects from Cernavoda and the Romanian civil nuclear sector, on October 9, 2020, in Washington DC. By reference to the investment projects developed … Continuă să citești Initialization of the Agreement between the Romanian Government and the Government of the Unites States of America regarding the cooperation related to the nuclear-energy projects from Cernavoda and the Romanian civil nuclear sector

The CO2 emissions from the power sector are dropping faster than anticipated: the share of renewables in the generation mix gained almost 10 percentage points in one year, while the coal phase-out steeply accelerated. Eurelectric’s Power Barometer, a set of key industry indicators released today, reflects a historic development in the power sector, and points to the challenges … Continuă să citești Power Barometer by Eurelectric: High pressure to ramp up electrification as renewables dominate the power mix

S.N. Nuclearelectrica S.A. („SNN”) announces that it has been included in the indexes of FTSE Russell indexes global provider in the context of the Romania’s capital market transition from Frontier Market status to Secondary Emerging Market status starting with  September 21, 2020. As result of SNN’s inclusion in FTSE Russell emerging market indexes, the company’s … Continuă să citești Cosmin GHIȚĂ, CEO: SNN’s inclusion in FTSE Russell indexes represents by far SNN’s most advantageous positioning on the capital market

Rompetrol Rafinare through its petrochemical division – the only polymer producer in Romania has successfully developed a new product in the last 3 months, a special type of polypropylene dedicated to protective medical masks. It’s meant for the middle layer of the mask, the most important layer for filtering and protecting against pathogens. “It is … Continuă să citești Rompetrol Rafinare, a new type of product for the production of protective medical masks

Τhe Transmission System Operators of Greece (IPTO), Italy (TERNA SpA), Romania (Transelectrica) and Bulgaria (ESO-EAD) announce the establishment of the Southeast Electricity Network Coordination Center (“SEleNe CC”) in Thessaloniki, Greece. The four TSOs participate equally in the share capital of the new Company. Under the European regulatory framework, SEleNe CC’s main responsibilities regarding regional network … Continuă să citești The Southeast Electricity Network Coordination Center was established in Thessaloniki

The High Court of Cassation and Justice maintained, by its decision of 17 June 2020, the judgment under which several wind power companies had been granted by the court of first instance the annulment of Minister of Public Finance’s Order No. 1210/2014 and of the Central Fiscal Committee’s Decision No. 5/2014. Five of the most … Continuă să citești Țuca Zbârcea & Asociații obtains a final ruling from the High Court of Cassation and Justice on wind turbine taxation

As part of the European pre-acceleration program Danube Energy +, Transylvania Startup Center Association organized, at the end of May, a pitching session for the eight pre-selected teams. Danube Energy + targets young people under 35 from Romania, with innovative ideas in the green energy field, who are supported to turn their projects into sustainable … Continuă să citești Eight teams of young people up to 35 years old have qualified for the next stage of the European pre-acceleration energy program, Danube Energy

The European Automobile Manufacturers’ Association (ACEA) and Eurelectric welcome the focus on infrastructure for electrically-chargeable vehicles in the coronavirus recovery plan, announced by the European Commission. The associations support the goal of funding 1 million public charging points referred to in the plan. However, they note that this objective was already part of the European … Continuă să citești Auto makers and electricity sector call for rapid action on charging points under EU recovery plan