energyobserver

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ALDE WANTS TO CHANGE OFFSHORE LAW THROUGH AN EMERGENCY PROCEDURE

The Alliance of Liberals and Democrats Party – ALDE spokesman Varujan Vosganian said that there are issues ALDE wanted to be included in the Offshore Law, and they were not; thus, an “urgent action on the normative act” is required. He also said that there was no dialogue on this normative act inside PSD-ALDE Coalition. He also explained that the proposals from ALDE were rejected by the Government, and ALDE MPs were put in a “delicate situation”, according to News.ro.

28.07.2018 ·

ENEL INAUGURATES CATANIA’S “INNOVATION HUB & LAB” FOR OPEN INNOVATION IN THE FIELD OF RENEWABLE ENERGY / ENERGYNOMICS.RO

Enel created its new ‘Innovation Hub & Lab’ in Passo Martino, in the province of Catania. It is a 100,000 square metre complex with latest-generation laboratories, ready to host start-ups, small and medium-sized enterprises and other national and foreign companies, as well as world-class research centres.

28.07.2018 · “INNOVATION_HUB_&_LAB”

BERLIN IS UNDER INCREASING PRESSURE TO PULL THE PLUG ON NORD STREAM 2 / ENERGYNOMICS.RO

Nord Stream 2 is a gas pipeline that would allow Germany to effectively double the amount of gas it imports from Russia. In 2017, Germany used up a record 53 billion cubic meters of Russian gas, comprising about 40 percent of Germany’s total gas consumption. Nord Stream 2’s delivery system is designed to carry up to 55 billion cubic meters (1.942 trillion cubic feet) of gas per year, according to Deutsche Welle.

28.07.2018 · NORD_STREAM_2

ANRE WANTS TO CHANGE THE METHODOLOGY TO FORCE ON DISTRIBUTION OPERATORS VERY AMBITIOUS CPT REDUCTION TARGETS BY 2023 / ENERGYNOMICS.RO

The National Regulatory Authority for Energy has published its calculations for the future targets in CPT (own technological consumption) reduction in the electricity distribution networks for the period 2019-2023. All concessionary operators of power distribution grids are asked to substantially reduce grid losses over the next five years. The table published by the regulator includes the targets for each operator, proposed by ANRE, starting from a new Tariff Pricing Methodology for the electricity distribution service launched in public debate on July 21st. Companies have a few weeks time to dispute the ANRE project.

28.07.2018 · ROMANIA

OANA MOGOI (ING BANK): FUNDING FOR ENERGY THROUGH THE RESERVE BASED LENDING MECHANISM / ENERGYNOMICS.RO

New realities (market players, behaviors, obligations, etc.) can be introduced through legislation. However, national legislation must take into account the pre-existing realities: geological specificity, infrastructure, consumption values, etc., as well as the existing supranational regulations and agreements. One of these realities that is placed outside the sphere of influence of the domestic legislation and regulations is the how operate the big financing institutions, without which far-reaching projects cannot be imagined, nevertheless started. In the context of the extensive review of the legal, fiscal and regulatory framework in progress in Romania, the presentation Oana Mogoi, Head of Energy Sector at ING Bank Romania had at 2018 Energy Strategy Summit on the subject of reserve based lending comes with useful insights.

28.07.2018 · ROMANIA

CET GOVORA OBTAINED THE COURT APPROVAL FOR THE REORGANIZATION PLAN – EURO INSOL / ENERGYNOMICS.RO

The Vâlcea Tribunal has confirmed the reorganization plan for CET Govora, judicial administrator Euro Insol announced in a press release. The reorganization plan, approved by the Creditors’ Assembly in June 2018, provides for the payment of approximately 100 million lei to the creditors of the company and the completion of environmental and refurbishment investments amounting to 187 million lei.

28.07.2018 · EURO_INSOL

EFDEN INAUGURATED THE EFDEN SIGNATURE SOLAR HOUSE TO REPRESENT ROMANIA AT SOLAR DECATHLON (DUBAI) / ENERGYNOMICS.RO

The EFdeN Signature solar house, designed and executed by EFdeN, was inaugurated on Tuesday, July 25, in Bucharest, and is open to the general public for visiting within the Băneasa Shopping City until early September. Then it will be transported to Dubai, where it will represent Romania at the most important international solar competition – Solar Decathlon.

28.07.2018 · SOLAR_HOUSE

EU AND UKRAINE IN TUG OF WAR OVER NAFTOGAZ UNBUNDLING / ENERGYNOMICS.RO

The European Commission has repeated its insistence on breaking up the Ukrainian national gas and oil monopoly Naftogaz, separating transmission from production and supply, which the country had agreed to as a condition for receiving massive Western financing.

28.07.2018 · UKRAINE

INDUSTRY: CAT PLAN SERVES PPC UNITS SALE, NOT MARKET NEEDS / ENERGYPRESS.EU

The industrial sector has serious objections to a finalized CAT remuneration plan prepared by RAE, Greece’s Regulatory Authority for Energy, and delivered to the energy ministry, which will seek the European Commission’s approval.

28.07.2018 · GREECE

EUROASIA SEEKS RESTART IN CRETAN LINK TALKS, IPTO REMAINS FIRM / ENERGYPRESS.EU

The Euroasia Interconnector consortium has requested a restart of failed negotiations concerning the development of Crete’s major interconnection planned to link the island’s power grid with Athens, sources have informed.

28.07.2018 · EUROASIA

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