Regulator approves EUR 1.2 billion investment in grid
Electricity transmission company Transelectrica SA said the National Energy Regulatory Authority (ANRE) gave the go-ahead for its ten-year plan to invest RON 5.5 billion (EUR 1.2 billion) in network upgrade. The operator produces a plan for the following decade on a biannual basis. The Romanian government-controlled company runs transmission and market operations including infrastructure. The […]
EIB sets EUR 360 million for co-financing with EU funds
Romanian Partnership Agreement with the European Union for the 2014-2020 programming period will be supported by the European Investment Bank’s loan of EUR 360 million. Growth-oriented investments will be financed under operational programmes targeting competitiveness, human capital and large-scale infrastructure, EIB said after the agreement was signed. The loan will focus on energy, environmental improvement, […]
Environment ministry funding waste management
The Ministry of Environment, Waters and Forests is utilizing a financing line of RON 100 million (EUR 22.3 million) for waste management, and EUR 6.7 million for education and awareness. The aim is to reach Romania’s recycling target for 2020 – 50% of the total municipal waste generated, minister Cristiana Pașca Palmer said at the Local Public Administration Forum (FAPL), according to Agerpres’s republished […]
Green power capacity falls 9.5% in four months
Romania saw the production capacity for electricity from renewable sources decrease by 9.5% or 489 MW this year through the end of April, to 4.65 GW, data centralized by power grid operator Transelectrica show. A report by Act Media said wind farms had 2.93 GW, photovoltaic facilities had 1.31 GW, while there was 313 MW installed […]
Hidroelectrica exits insolvency, preparing IPO
The biggest privatisation in Romania’s history is underway after the main court in Bucharest ruled Hidroelectrica SA isn’t insolvent anymore, Act Media reported. The company will be listed when the best conditions for pricing are achieved, minister of energy Victor Georgescu said at a press conference on June 24. Hidroelectrica will focus on modernization, investments […]
Romania losing 100 million tonnes of waste per year
Agriculture is the biggest source of waste in Romania that could be turned to energy, while households produce the second-largest volume, Iuliean Hornet, CEO at Ecohornet, told a biomass and biogas conference in Bucharest. He said the Eastern European country is losing an overall 100 million tonnes of the material every year, Act Media reported. […]
Enel to install 110,000 smart meters this year
Enel plans to install meters for all of its 2.7 million clients in Romania, in order to pave the way for smart cities and infrastructure, Business Review reported. The Italian utility’s Romanian subsidiary got approval from the National Energy Regulatory Authority (ANRE) to install another 110,000 smart meters as part of a pilot programme. Last […]
Green cars sales rise by 112% through April on the year
In the first four months of this year Romanians bought 195 hybrid and pure electric vehicles, figures provided by the Association of Producers and Importers of Automobiles (APIA) show. Green car sales have increased by 112% compared to the same period last year, portal Energynomics.ro reported. Although the percentage of the increase in green cars […]