power
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Petrom Sees Loss From Power Business In 2014
OMV Petrom (SNP.RO), Romania’s largest corporation, expects its power business to generate a loss in 2014, while the demand for natural gas will further decrease, the company said in its fir...
Enel: 2013 Difficult For Power Producers, Good For Vertically Integrated Companies Like Us
Power producers suffered because of low prices last year, while distributors had a good 2013, so vertically integrated energy companies stood to gain in the end, according to Luca D’Agnese,...
Romania's Electric Power Output Capacity Up 20% By 2020
Romania’s electric power output capacity will grow by approximately 19% by 2020, after 5,000-megawatt units will become operational, while other units will be closed down.
CE Oltenia Expects Higher Revenue, Much Lower Profit In 2014
Complexul Energetic Oltenia (Oltenia Energy Complex), the largest thermal power producer in Romania, expects 5 billion lei (EUR1.1 billion) revenue this year, 4% higher than in 2013, but the...
Three Largest Solar Parks In Romania
The two largest photovoltaic parks in Romania were started into service at the end of 2013, according to the latest data released by power grid operator Transelectrica.
Electricity Trader Tinmar Ind Seeks 25% Growth In 2014
Tinmar Ind, the largest private electricity trader in Romania, owned by businessman Augustin Oancea, says it has budgeted growth of 25% of its revenue to 2.13 billion lei (EUR478 million) in...
Investors In Wind And Solar Power Have To Recover EUR14M For July
The temporary reduction of state support for renewable energy producers starting July 1 is showing its first effects and the sum investors will have to recover for July reaches about EUR14 m...
Oil Trading Giant Vitol To Trade Power in Romania
Vitol Group, one of the world’s largest energy and commodity trading companies, with turnover exceeding $300 billion in 2012, will enter the Romanian energy market after it has got the nod f...
Verbund: We Cannot Remove Existing Turbines, But We Could Discard Projects Of Around EUR100M
Verbund, the largest energy company in Austria, says it will not go ahead with investments of almost EUR100 million in expanding the wind project in Casimcea (Tulcea) if the support scheme i...