Romanian regulator permits excess electricity sale by prosumers
As of January 1, households with installed production from renewable energy sources are able to supply electricity to the grid, while their suppliers are obliged to purchase it, the local media reported. The Romanian Energy Regulatory Authority (ANRE) has approved 3 orders that facilitate the commercialization of electricity generated from renewable energy sources by prosumers […]
Romania’s draft plan envisages 27.9% target for renewables share in energy consumption in 2030
Romania’s draft National Energy and Climate Plan (NECP), to be sent to the European Commission, envisages a 27.9% share of renewable energy sources in energy consumption in 2030, compared to the EU’s 32% target, Romania-Insider.com has reported, citing Economica.net. Romania’s renewables share in total energy consumption stood at 25% in 2016, according to Eurostat’s data. […]
Enel X Romania to install 2,500 charging stations for EVs over four years
Between 2019 and 2023, Enel X Romania will invest EUR 15-20 million in the installation of around 2,500 charging stations for electric vehicles (EVs) in every region of the country, the big cities and the main highways, a subsidiary of Enel X, the Enel Group’s advanced energy services division, has announced. According to available data, […]
Hidroelectrica to invest EUR 1.19 billion over the next five years, to add 200 MW in renewables capacities
State-owned power utility Hidroelectrica plans to invest RON 5.56 billion (EUR 1.19 billion) over the next five years in the upgrades and maintenance of facilities, but also in acquisitions. Hidroelectrica’s goal is to add 580 MW in generation facilities, of which 200 MW will be solar and wind capacities, Bogdan Badea, CEO of Hidroelectrica said, […]
Romania’s Bacau to modernize street lighting with EUR 11 million loan
The European Bank for Reconstruction and Development (EBRD) and the Green Energy Special Fund (GESF) are providing a EUR 11 million loan to the Romanian city of Bacau to modernize street lighting, according to a news release from the EBRD. Bacau is a medium-sized city in Romania with a population of almost 200,000. The investment […]
Association urges Romania to tap into onshore wind rather than invest in conventional power
Romania should harness onshore wind to meet growing demand for electricity instead of investing in conventional power, WindEurope CEO Giles Dickson told the annual meeting of the Romanian Wind Energy Association in Bucharest today, according to a news release from the Brussels-based association promoting wind power in Europe. Wind energy provided 12.2% of Romania’s electricity […]
Italy’s PLC to acquire 51% of Romania’s Monsson Operation
Italian clean energy group PLC and Romanian renewable energy company Monsson Operation have entered into a strategic partnership, in what will result in PLC becoming the owner of a 51% stake in Monsson Operation by the end of November, the Romanian company has announced. Monsson Operation signed the first part of the M&A procedure, strengthening […]
Hidroelectrica, Verbund sign memorandum of cooperation
The largest electricity producers in Romania and Austria, Hidroelectrica and Verbund, have signed a memorandum of cooperation, Hidroelectrica said on its website. In the memorandum, the parties express their intention to jointly develop projects and implement design, construction, and equipment solutions based on the most modern technologies in the energy sector, according to the press release. […]