power
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Hidroelectrica Sees Higher Than Expected Profit In 2017
Romania’s largest electricity generation company Hidroelectrica ended last year with about 1.5 billion lei (EUR322 million) gross profit, close to the record high of 2016 and 20% more than b...
Automobile Dacia Drops Tinmar For CEZ To Fill Its Power Needs
Automobile Dacia, the largest company in Romania and also the largest local exporter, will be buying electricity from Czech-held CEZ for one year.
Enel Has EUR630M For Power Distribution Network Investments
Romanians see 4-hour power outages in the three areas covered by Enel, the same as Chileans and six times longer than the Italians in the areas where the Italian utilities group operates. Po...
Alro Cut Power Consumption By 25% In 2008-2014
Back in 2008, aluminum smelter Alro Slatina (ALR.RO), Romania’s largest electricity consumer, accounted for 7% of the country’s consumption. Last year, it accounted for only 5.7%, following...
Romania’s Industry Power Consumption Up 18% in 2014
Romania’s industrial sector used 29 TWh of electricity last year, 18% more than in 2013 and also more than in 2008, when consumption reached 22.4 TWh. One reason for the increase is the move...
Solar Parks Got Most Of Green Power Subsidies Last Year
Investors in solar park projects got most of the green certificates awarded under Romania's government-backed clean energy support scheme last year.
RCS&RDS Contemplates Power Supply Business
RCS&RDS, one of the leading telecom operators in Romania, is contemplating a potential entry on the power supply market and is researching several business models.
Biomass And Biogas Power Plant Investors Want Revenue Guarantee
Biomass or biogas-fired power plants, which use vegetal or animal waste to generate electricity might turn from Cinderella into the queen of the renewable energy ball, people in the industry...
Budget Minister: Euro Zone Accession To Give Romania Seat At European Power Table
Budget Minister Liviu Voinea says Romania’s accession to the euro zone, which the government scheduled for January 1, 2019, will give the country a seat at Europe’s major powers’ table, wher...