Latest news

CEZ: funds’ interest for Romanian wind park

A stake of 1.1 billion euro ($1.5 billion) in Czech utility CEZ's wind park in southeastern Romania attracts more than one pension fund, according to CEZ board member on Thursday.

read more... 04/04/2014


Romania: limits on green energy allowances to support huge industrial companies

Romania's government limited the quantity of renewable energy that big industrial users should purchase this year with the aim to aid compensate their high energy costs and hold off the risk of job reductions before elections later this year.

read more... 27/03/2014


Romania will raise gas prices in April

Regulated natural gas prices in Romania will see an increase of 2% for households and 5% for industrial consumers starting from April, as part of a broader plan to liberalize energy markets, as stated on Thursday by Nicolae Havrilet, the chief of energy regulator ANRE. He also declared that electricity prices will remain stable.

read more... 21/03/2014


German STEAG to receive funding for Romania wind farm

STEAG GmbH, one of Germany’s largest electricity producers, will get funds for 108 MW wind energy farm estimated at a cost of 200 million euro ($275.47 million), located in southeastern Romania, in the province of Dobrogea, as stated by the European Bank for Reconstruction and Development (EBRD) on Tuesday.

read more... 05/03/2014


Romania: Chevron forced to suspend shale gas explorations

US oil major Chevron halted exploration works for shale gas in eastern Romania for the second time in two months, as a lot of people gathered to protest against government support for shale gas exploration and separate plans to set up Europe’s largest open-cast gold mine in a small Carpathian town.

read more... 10/12/2013