CE Oltenia needs EUR 2 billion aid to implement decarbonization plan

CE Oltenia needs EUR 2 billion in aid for decarbonization plan

16 November 2020 - The plan envisages cutting CO2 emissions by 38%, shutdown of coal-fired units and the construction of solar parks and gas-fired power plants.

CE Oltenia CO2 emissions coal

CE Oltenia plans to slash CO2 emissions by 38%, but keep investing in coal

26 August 2020 - Romania’s ailing state-run electricity producer Complexul Energetic Oltenia (CE Oltenia) has drawn up a 2021-2026...

CE Oltenia suspending 13,000 workers as sales drop amid COVID-19

CE Oltenia suspending 13,000 workers as sales drop amid COVID-19

20 April 2020 - The government in Bucharest is paying employees on a leave of absence 75% of gross...

clean hydrogen

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

26 February 2020 - The European Commission has approved Romania’s plans to grant a EUR 251 million loan to...

UPDATE: Romania’s CE Oltenia to close four units in coal power plants by 2025 

29 January 2020 - In order to compensate for the capacities, the company plans to construct gas-fired and renewable energy units.

Carbon Tracker

Four in five EU coal power plants unprofitable: Greece’s PPC faces EUR 596 million loss, Romania’s CE Oltenia EUR 567 million

28 October 2019 - Four in five EU coal power plants are unprofitable and utilities could lose EUR 6.6...

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