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Romania intends to exempt large industrials from renewable energy costs

Large industrial energy consumers in Romania might be exempted from paying about 85 percent of their green energy costs for 10 years, as stated on Thursday by the economy ministry, wishing to avoid the risk of job cuts in an election year.

read more... 18/04/2014

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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

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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

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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

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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

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