ENERGY
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ZF Seminar: Communications, Energy Operators Could Build Smart Grids Together
The still low penetration rate of Internet services in small towns and in rural areas, as well as the prospective cooperation between communications operators and energy operators to build a...
State-Owned Energy Companies To Lay Off 1,500 People
Six Romanian state-owned energy firms will lay off a total 1,480 employees this year, or 5% of their overall staff, in a bid to boost efficiency, according to a draft government decision of...
Electrica Wants EUR90M Turbines For Upcoming Wind Farm
Electrica, the largest electricity distributor and supplier owned by the Romanian state, wants to buy wind turbines worth EUR93 million, VAT not included, to equip a 50 MW farm located in Fr...
Bucharest Subway Operator Goes Shopping For Power
Metrorex, the operator of the Bucharest subway network, intends to buy one year’s worth of electricity for 52 million lei (EUR12.6 million), according to a company announcement.
Romania Sticks To Plans For 1,000 MW Tarnita Power Plant
Romania needs to look closer at investors selected for the 1,000 MW Tarnita-Lapustesti hydropower plant that should be finished by 2019, following investments estimated at EUR1,028 billion,...
Energy Price Deregulation Must Happen Quickly, President Says
Romania's government must establish “very quickly” a calendar for price deregulation in the energy and natural gas sectors to allow an adequate inflation targeting at the central bank, Presi...
Basescu Says Complete Liberalization Of Energy and Gas Markets Should Wait Until 2015
Romanian President Traian Basescu said Saturday, after a meeting with the International Monetary Fund delegation, that the deregulation of gas and electricity prices for households should be...
Romania Power Output Seen At 88.5 TWh In 2035
Romanian power output is estimated to grow 66% to 88.5 TWh by 2035, from 54.7 TWh in 2010, with most of the energy coming from nuclear and wind plants, according to a draft action plan from...
OMV’s Romanian Energy Trading Unit Starts Activity
Austrian oil group OMV on Friday announced, without additional details, that its Romanian energy trading unit, OMV Trading, completed its first energy deal.