ENERGY
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Spot Energy Prices Rose In Late 2014, May Lead To Long-Term Contracts
The price of energy traded on the spot market, a barometer of Romania's power market, soared in the last months of 2014, so that last year’s average was close to the 2013 one.
Only One Third Of Estimated Capacity Installed In Solar Parks And Wind Farms In 2014
About 480 wind turbines should have been deployed last year, yet by the end of November only 175 of them had been installed, which means the authorities’ estimates about the clean energy mar...
Energy Ministry Takes Over Attributions Of Privatization And State Shareholder At Power Companies
Romania’s government approved an ordinance setting up the Energy Ministry which will take over the attributions of public institution involved in the privatization and post-privatization mon...
Nuclearelectrica To Sell Less Energy To Household Consumers Next Year, At A Higher Price
Romania’s nuclear power producer Nuclearelectrica (SNN.RO) will sell next year 2.25 million MWh energy on the regulated market, down 40% from 3.74 million MWh this year, but at a higher pric...
Five Years Of Crisis In Energy Industry: Where Did 42,000 People Go?
The energy sector, from coal mining to the sale of fuel in gas stations, is an about 136 billion lei (EUR30 billion) business, according to ZF’s calculations based on Trade Registry data.
2014 In Review: Ten Most Important Events In Energy Sector
Energy sector was full of surprising developments again in 2014. From unexpected exits to fraud scandals, major insolvencies or historic initial public offerings, 2014 had it all, which made...
FP Erases RON760M From CE Oltenia Stock Value In One Year, Sees Hidroelectrica As 5% More Valuable
Hidroelectrica and Complexul Energetic Oltenia, Romania’s largest energy producers, are preparing to be floated on the stock market. However, the two companies, which supply half of the coun...
Managers In Romanian Energy Award Themselves Salary Hikes After Bumper Financial Figures Based On High Tariffs And Price Increases
The salaries of directors and managers of large state-run energy companies listed on the BVB rose in the first 9 months of this year by around 8-9%. The leader of the group is Transgaz, the...
Energy Regulator, Companies Call For Delay In Gas Market Deregulation For Industrial Consumers
Romania's energy regulator and several private companies have called on the Department for Energy to postpone by at least one more year the deregulation of the natural gas market for co-gene...