Latest news
Romania adheres to CEE day-ahead electricity link up
Romania connected its day-ahead power market to those in the Czech Republic, Slovakia and Hungary on Wednesday as part of a plan to enhance supplies and make retail prices firmer, as stated by regional energy representatives.
read more... 20/11/2014
Verbund nine-month profit drops by 86%
Austrian utility Verbund registered a decline of 86 percent in group profit for the first three quarters of 2014 to 63.8 million euros ($81.3 million) because of decreasing electricity prices, reduced water supply and impairment losses on its Romanian wind farms.
read more... 29/10/2014
Romania to become gas self-sufficient by 2020
Romania will have by 2020 a gas production to cover its consumption and its smaller eastern neighbor Moldova, and the nation's gas grid operator will have to invest in its infrastructure to deal with additional resources, as stated by the energy minister on Wednesday.
read more... 02/10/2014
Romania: Local Enel power activities point of interest for Nuclearelectrica
Romanian state-owned nuclear electricity producer Nuclearelectrica might purchase part of the power distribution assets that Italy's Enel intends to vend, as it said in a statement on Friday.
read more... 22/09/2014
Gazprom declares to be unable to satisfy increasing gas demand from Europe for the moment
Russia's Gazprom declared on Wednesday it is unable to satisfy increasing gas demand from Europe while it creates stockpiles prior to winter, weakening the ability of Europe to supply Ukraine with gas. Slovakia, Poland, Romania and Austria have all registered insignificant declines in shipments recently from Russia, which is involved in a dispute with the European Union over the crisis in Ukraine.
read more... 18/09/2014