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ELECTRICITY

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Romania Returned To Net Power Exporter Status In 2013
Energy

Romania Returned To Net Power Exporter Status In 2013

Romania resumed its traditional position of net electricity exporter last year, helped by the good production of hydropower and wind power, much different from 2012 when the summer drought f...

Loredana Frățilă-Cristescu · 23.01.2014 · 10:09 · 1 min
Enel: 2013 Difficult For Power Producers, Good For Vertically Integrated Companies Like Us
Energy · INTERVIEW

Enel: 2013 Difficult For Power Producers, Good For Vertically Integrated Companies Like Us

Power producers suffered because of low prices last year, while distributors had a good 2013, so vertically integrated energy companies stood to gain in the end, according to Luca D’Agnese,...

Loredana Frățilă-Cristescu · 22.01.2014 · 00:00 · 4 min
Nuclearelectrica Mulls Selling RON285M Worth Of Electricity
Energy

Nuclearelectrica Mulls Selling RON285M Worth Of Electricity

Romanian nuclear power producer Nuclearelectrica (SNN.RO) plans to sell 1.67 million megawatt hours of electricity on the local energy exchange OPCOM in a bid to raise 285.2 million lei (EUR...

Florentina Dragu · 17.01.2014 · 14:05 · 1 min
Romania's Electricity Consumption Down 5% In 2013, No Chances Of Revival In 2014
Energy

Romania's Electricity Consumption Down 5% In 2013, No Chances Of Revival In 2014

Romania’s electricity consumption fell in 2013 for the second consecutive year, after several major industrial consumers either entered insolvency or scaled back operations.

Loredana Frățilă-Cristescu · 07.01.2014 · 00:00 · 4 min
Electricity Trader Tinmar Ind Seeks 25% Growth In 2014
Energy

Electricity Trader Tinmar Ind Seeks 25% Growth In 2014

Tinmar Ind, the largest private electricity trader in Romania, owned by businessman Augustin Oancea, says it has budgeted growth of 25% of its revenue to 2.13 billion lei (EUR478 million) in...

Loredana Frățilă-Cristescu · 31.12.2013 · 10:54 · 1 min
2013 In Review: Ten Most Important Events In Energy Sector
Energy

2013 In Review: Ten Most Important Events In Energy Sector

The year 2013 looked like it was going to be a bumpy year right from the start. Rumors about the reduction of the green power support scheme, which attracted more than EUR4.5 billion investm...

Loredana Frățilă-Cristescu · 19.12.2013 · 00:00 · 8 min
Tinmar Ind Sees EUR270M Revenue In January-September
Energy

Tinmar Ind Sees EUR270M Revenue In January-September

Tinmar Ind, the largest private electricity trader in Romania, posted revenues of over 1.2 billion lei (EUR270 million) in the first nine months of the year, 24% more than in the year-ago pe...

Loredana Frățilă-Cristescu · 10.12.2013 · 00:00 · 1 min
Energy

Unplanned Power Supply Shutoff In Romania Exceeded 10 Hours In 2012

Electricity supply in Romania was shut off for an average of ten hours and a half last year, almost one and a half hours more than in the previous year, and affected about 9 million consumer...

Tudor Ioana Raluca · 09.12.2013 · 11:54 · 1 min
Hidroelectrica Gets No Bidders At Electricity Auctions
Energy

Hidroelectrica Gets No Bidders At Electricity Auctions

Romanian hydropower producer Hidroelectrica drew no bids at a series of auctions last week in which the company sought to sell electricity valued at 404.2 million lei (EUR91.1 million), ener...

Florentina Dragu · 02.12.2013 · 14:14 · 1 min