ENERGY
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Romania Faces Energy Shortage As Many Power Plants Are Obsolete
Major energy groups operating in Romania say the local market might be faced with an electricity shortage as of 2016 because most of the country’s thermoelectric or hydroelectric power plant...
World Bank Urges Energy Heavyweights To Invest In Romania
The World Bank is sending out a strong message to the international energy giants, which arrived in Romania via privatization processes, asking them to commit to significant investments and...
Lack Of Offers Limits ArcelorMittal Galati's Energy Purchase Options
ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, has not renewed its bid to buy electricity on the Romanian power exchange OPCOM because of lack of offers, gener...
Dobrogea Is Chock-full Of Wind Farms. Moldavia Is Next
South-eastern Romania is full to the brim with wind power projects, some of them already functional and some in various stages of approval, with wind farm investors now targeting Moldavia, a...
Where Profits Of State-Run Energy Companies Go
The announcements of state-run companies’ purchasing intentions on the website of the electronic public procurement system (SEAP) reveal the more or less justified expenses they are willing...
New Power Producers Set To Emerge After Three Years Of Restructuring Plans
The energy market in Romania will include two new companies this fall, Complexul Energetic Oltenia and Complexul Energetic Hunedoara. The two are what is left of the reorganization plans tha...
Romania Keeps Focus On Nuclear Energy
Romania will continue its nuclear energy strategy, but there might be some important changes in the near future, and the government needs to consider issuing state guarantees for the funding...
A Free Gas Market Could Bring Higher Royalties
As Romania could cover its gas consumption needs from its own resources over the next few years, the royalties collected by the state could in turn rise, especially against the backdrop of t...
EC Looks Into “Wise Guy” Deals In Energy
The European Commission is looking into the possibility of state aid granted to the energy “wise guys” through the bilateral contracts signed with hydropower producer Hidroelectrica, and the...