ENERGY
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Romania Ranks 5th In EU By Size Of Wind Farms Installed In 2013
Romania ranks fifth among the 28 member countries of the European Union in terms of the size of wind farms installed last year. However, investments completed in 2013 are 25% smaller year-on...
Romania To Allocate 17.8M Carbon Credits In 2014
Romania will allocate 17.85 million carbon dioxide (CO2) emission certificates to 39 power units in 2014, up 8.3% compared to the previous year.
Steelmakers Complain Again Over High Energy Price
The representatives of steelmakers operating in Romania complained again over the "overwhelming" electric power price and asked for an extension of the natural gas deregulation program by 20...
Electric Power Price For End-Users Up 36% Between 2007 And 2013
The price of electricity at the end-user rose by over 36% between 2007 and 2013, mostly due to the green power subventions paid by end-users and the increase of distribution costs, according...
Austria’s Egger Invests EUR35M In Romania Biomass Power Station
Wood processor Egger finished works for the largest biomass station in Romania, an 83-megawatt project worth EUR35 million, set to generate heat and power for the company based in Radauti (S...
What Lies In Store For Romania's Energy Market In 2014
The Romanian state and oil and gas producer OMV Petrom (SNP.RO) are bracing for tough negotiations in 2014 over the royalties charged for Petrom’s oil and gas, Petrom and Exxon will drill th...
Ten Largest Capital Increases in January-November 2013 Amount To EUR660M
Energy, wood processing industry and food retail are the economy sectors that got the highest capital inflows from foreign shareholders this year. The impact of the Auchan-Real deal and the...
Borza: Providing Electricity To Households Will Cause EUR30M Loss To Hidrolectrica
The decision of Romania’s energy watchdog ANRE to provide only hydropower and nuclear power to households, starting 2014, will cause loss of EUR30 million to hydropower generator Hidroelectr...
Ministry: Costs Of Electricity For Irrigations To Go Down By Up To 30% In 2014
The costs of electricity used for irrigations will go down by up to 30% in 2014, because the National Land Reclamation Agency (ANIF) will be able to act as power supplier starting next year,...