ENERGY
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Romania Needs Energy Price Deregulation For Companies To Invest
Energy and gas prices need to be aligned with European ones between 2013 and 2015, or it will not secure necessary investment, worth EUR35 billion by 2020, especially on the energy segment,...
Hidroelectrica Lacks The Means To Terminate Direct Sale Contracts
State-owned hydropower producer Hidroelectrica does not have the means to terminate its direct sale contracts, which are “perhaps” concluded over “too extended” periods, Wednesday said the c...
GDF Suez Romania: For Energy Prices The Only Way Is Up
The only trend seen by energy prices is upwards, but mechanisms need to be found to protect vulnerable consumers, Eric Stab, country manager for Romania within GDF Suez, said Wednesday.
2011 Energy Investments: EUR2B In Wind Parks And First Gas-Fueled Power Station Since ’90
Energy investments completed in Romania in 2011 make it the best of the past 20 years, as the value of new electricity projects is around EUR2 billion.
Romania Approves Renewable Energy Incentive Scheme
Romania's Government on Wednesday approved the ordinance providing state aid through green certificates for renewable energy production, after repeated complaints about delays from business...
EU Energy Traders To Report All Transactions To ACER
Electricity and gas traders will need to report their transactions to the Agency for the Cooperation of Energy Regulators, or CER, according to new framework adopted by the EU Monday, for th...
Siemens Sees Significant Increase In Orders In 2011
Cristian Secosan, general manager of Siemens Romania, says 2011 brought a significant increase in orders, so despite all uncertainties that put economic growth to the test this year, the Ger...
EC Opens Infringement Proceedings Against Romania Over Energy Market Legislation
The European Commission has opened infringement proceedings against Romania and other member states for failing to transpose two directives, regarding the electricity and natural gas markets...
Romania’s Winter Heating, Electricity Stocks To Cost RON5.69B
Romania’s raw material supply for electricity and heating will cost 5.69 billion lei (EUR1.3 billion) in the winter 2011-2012 season, 34% more than the costs in the previous inter, according...