ENERGY
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Government Wants To Sell CO2 Emission Certificates To Modernize Energy Sector
Romania plans to finance investments in modernizing its energy sector with funds obtained from selling to power producers greenhouse gas emission certificates, which the country will receive...
Nuclearelectrica Returns To Profit
Nuclear power producer Nuclearelectrica, which covers around 20% of Romania’s energy consumption, has lost 23 energy sale contracts since the beginning of the year after the buyers decided t...
EUR1B Investments In Green Power In First Half
More than EUR1 billion were invested in wind and solar farms in the first half of the year, and EUR288 million were paid as subsidies to producers. Renewable energy accounted for 12% of tota...
Romania To Apply Reserve Taxation On Power Deliveries, Green Certificate Transactions
Romania plans to apply reserve taxation on electricity deliveries to traders and on transactions involving green certificates in a move to fight tax evasion and eliminate cash-related proble...
Solar Parks Beat Wind Farms In Hottest Day Of The Year
Photovoltaic parks operated at higher capacity than wind farms at certain hours in the first part of Monday, the hottest day of the year so far, even though the installed capacity of the lat...
Romania Plans EUR1B Energy Investment Fund
The Romanian government plans to set up an investment fund with an initial capital of over EUR1 billion that would include the state’s minority stakes in the companies held by the Economy Mi...
Energy Minister Seeks Solutions To Lower Electricity Bills
Romanian Minister-delegate for Energy Constantin Nita said Thursday he plans to lower cogeneration fees and energy transport tariffs and find additional solutions to support both industrial...
Romania To Select Firm To Draw Up New National Energy Strategy
Romania will organize an auction in August or September to select a firm to draw up a new national energy strategy, Minister-delegate for Energy Constantin Nita said Thursday, adding that he...
Firms’ Debts To Energy Suppliers Exceed RON1B
State-owned and private firms register debts of over 1 billion lei (EUR0.22 billion) to electricity suppliers, and state-owned railway operator CFR is the main debtor, with more than half of...