Energy | 17 April, 2025 at 11:01 AM
Romania faces a clean energy glut during the Easter holidays
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
State-owned gas producer Romgaz has appointed Dumitru Chisăliță as the new Chairman of the Board of Directors.
Premier Energy has announced its plans to acquire the remaining 25% stake in True Energy Management for €3 million.
Seamless pipes maker TenarisSilcotub has announced the completion of its first renewable energy production.
The Environmental Fund Administration (AFM) released a new list on Wednesday, featuring 10,418 applications approved under the Green Photovoltaic Homes Program.
Electrica saw a net profit of RON 376.5 million (€75.5 million) in 2024, down 39.3% compared to 2023, while its operating revenues totaled RON 10.87 billion (€2.1 billion).
The Romanian government has approved a new state aid scheme with a total budget of RON 578 million (up to €150 million) to assist large energy consumers in Romania.
Distribuție Energie Oltenia (DEO), the electricity distribution company part of Evryo Group, has signed a large scale syndicated loan.
OMV Petrom and state-owned gas producer Romgaz have announced the initiation of drilling for the first gas production well in the Neptun Deep project.
Romania produced 219,000 tonnes of oil equivalent (toe) in January 2025, down 4.5% compared to the same period of the previous year.
Rețele Electrice Romania, part of PPC group of companies, will reach 2 million installed smart meters.
Romania's usable gas production in January 2025 was 661,700 tonnes of oil equivalent (toe), a decrease of 300 toe compared to the same period last year.
Romania is making gains expanding its renewable energy capacity, recording an increase in the number of projects that are fully permitted for development.
A recent study has revealed that energy efficiency investments remain out of reach for many Romanian households.
The projects covered by this agreement are already under construction and are expected to be completed in the first quarter of 2026.
AI agent usage is rising, with 25% of organizations using Gen AI expected to deploy it by 2025, increasing to 50% by 2027.
Romania continues the implementation of major projects, such as gas exploitation in Neptun Deep and Caragele, and the development of the Romanian civil nuclear program.
Through its new business line, Simtel offers integrated solutions tailored to the specific needs of each client.
Validation of near-term and long-term science-based greenhouse gas emission reduction targets to reach net-zero by 2040.
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
Electricity supplier Restart Energy One has filed a request at the Timiș Court for the initiation of a composition with creditors procedure to address temporary financial challenges.
The Fidelis government bonds, issued in April by the Ministry of Finance, started trading on the Bucharest Stock Exchange (BVB) on Thursday.
Consumer spending in Romania has shown signs of caution in the lead-up to the Easter holidays, with fluctuations in the average shopping basket value observed in March,
Prosumers in Romania are advised to turn off the inverters of their residential photovoltaic systems if they are not at home,