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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

The Romanian Petroleum Exploration and Production Companies Association (ROPEPCA) draws the public attention to an issue of utmost importance that affects national energy security and makes it impossible for companies to invest in projects for the production and development of energy resources, but also for the transport or supply of energy. More precisely, the Parliament … Continuă să citești ROPEPCA warns with regards to the risks of the changes brought to the legislation for investing in agricultural land in Romania

Electrica announces that it is currently exploring the possibility to participate through a potential consortium to be formed with Societatea de Administrare a Participațiilor în Energie (S.A.P.E.) and Hidroelectrica in a competitive procedure organized by CEZ for the sale of its Romanian subsidiaries. Electrica shall promptly inform its shareholders and investors in connection with any … Continuă să citești Electrica wants to buy CEZ subsidiaries in Romania through consortium including Hidroelectrica and SAPE

In the context of COVID-19 impact on the global oil and gas industry and the Government priority of relaunching the national economy, ROPECA calls for urgent measures to stimulate investment in oil and gas industry. The key towards attracting investment is stable, predictable, transparent regulations harmonized with the international best practices. One of the major … Continuă să citești ROPEPCA calls for urgent measures to stimulate investments in the Romanian oil and gas sector: revision of GEO 27/2020