Romania caps energy prices including electricity, heat

Romania has limited the prices of electricity, heat, natural gas, water supply, sanitation and fuels due to coronavirus. On March 16, President Klaus Iohannis declared a state of emergency in Romania, which was approved by Parliament three days later. According to the decree, some prices may be capped, including electricity and thermal energy, gas, water […]

Romanian manufacturers seen tapping on EU’s high-efficiency CHP subsidies to cut energy costs

Romanian manufacturers are increasingly seeking new solutions to cut electricity costs, including through the European Union’s (EU) subsidies for building high-efficiency cogeneration (CHP) facilities for the production of energy for their own manufacturing activities, according to Business Review, a Romanian business news website. Under the financing axis 6 of its Operational Program for Large Infrastructure […]

EU conditions EUR 251 million state aid to coal, power utility CE Oltenia

The European Commission has approved Romania’s plans to grant a EUR 251 million loan to second-biggest power producer Complexul Energetic Oltenia (CE Oltenia) but with strict conditions. The Romanian government has defined a plan to help Complexul Energetic Oltenia (CE Oltenia), coal-based utility trapped in a financial squeeze for years. A public loan warrants approval […]

Electricity February 26, 2020

PM sees EU Green Deal taking out 40% of electricity capacity in Romania

Coal is doomed, the head of the government in Bucharest has told businesspeople and representatives of associations. Prime minister Ludovic Orban warned that decision makers have maybe ten years to find energy production solutions that reduce greenhouse gas emissions and hinted at the dependence on the fossil fuel for electricity in Romania. The European Union’s […]

Electricity January 28, 2020