energyobserver

TURKEY SEES HIGHEST EXPORT FIGURE FOR NOV. WITH $15.5B

By Muhammed Ali Gurtas ANKARA Turkey's exports hit highest-ever November figure with $15.5 billion, according to the Trade Ministry's preliminary data released on Saturday.

INDUSTRIALISTS REJECT MINISTRY OFFER INCLUDING 10% POWER TARIFF HIKE / ENERGYPRESS.EU

Following weeks of negotiations, EVIKEN, the Association of Industrial Energy Consumers, has rejected an economy and development ministry proposal concerning new  industrial consumer terms for electricity supply by the state-controlled main power utility PPC.

MYTILINEOS GROUP SEES MAJOR GLOBAL POTENTIAL IN SOLAR MARKET / ENERGYPRESS.EU

The solar energy sector is expected to generate growth for the Mytilineos group’s construction division as soon as 2019, Evangelos Mytilineos, chief executive at the Mytilineos group, noted yesterday during a presentation and analysis of the corporation’s plans.

DIVERSIFICATION IS THE KEY TREND IN THE ENERGY SECTOR (INTERVIEW WITH ANDREI BUCUR, MET ROMANIA ENERGY) / ENERGYNOMICS.RO

Dear Mr. Andrei Bucur, MET Romania Energy is known as one of the most dynamic suppliers of electricity and natural gas in Romania in recent years, mainly as a result of the two acquisitions it has made – Repower (2017) and RWE (2018). But 2018 also came with an emphasis on including in portfolio a full range of services. Why did you decide what seems to be getting out from the comfort zone?

ENEL X ROMÂNIA WILL BUILD AROUND 2,500 E-CHARGING POINTS IN THE NEXT 5 YEARS / ENERGYNOMICS.RO

Enel X Romania, a subsidiary of the Enel Group’s advanced energy services business line, Enel X, launched the largest public e-mobility infrastructure plan in the country. The plan will include the installation of around 2,500 charging points across all of Romania’s regions between 2019 and 2023, involving an overall investment of between 15 and 20 million euros.  

EXIMBANK FINANCES ROMELECTRO WITH 150 MILLIONS LEI / ENERGYNOMICS.RO

EximBank has granted Romelectro SA, one of the largest general contractors for energy projects in Romania, a financing worth 150 million lei for the projects that the company has ongoing at home and abroad. The contract includes a financing component covering temporary cash needs and also a guarantee component.

US-POLAND LNG DEAL WILL EASE EUROPE’S RELIANCE ON RUSSIA: PERRY / ENERGYNOMICS.RO

Washington’s energy secretary on Thursday (8 November) hailed a 24-year deal to deliver US liquefied natural gas (LNG) to Poland as signal for Europe on ensuring energy security and easing dependence on Russian supplies.

OVER 1 BLN LEI WORTH PROFIT FOR ROMGAZ IN THE FIRST NINE MONTHS THIS YEAR / ENERGYNOMICS.RO

IN NINE MONTHS, ELECTRICA MADE 24% MORE PROFITS THAN SCHEDULED FOR THE FULL YEAR 2018 / ENERGYNOMICS.RO

Electrica Group recorded a consolidated net profit of RON 315 million in the first nine months of 2018, which represents an increase of RON 220 million compared to the same period of 2017 and an achievement of 124% of the net consolidated profit budgeted for the year 2018. The increase in Q3 2018 is mainly provided by the results recorded on the supply segment, writes a press release from the group.  

AMCHAM: ROMANIA’S ENERGY SECURITY, AFFECTED BY LACK OF INVESTMENTS IN POWER GENERATION / ENERGYNOMICS.RO

The American Chamber of Commerce in Romania (AmCham Romania) closely monitors the investment flows in the Romanian economy, and in this context, it emphasizes the lack of private investments in one of the strategic pillars for an economy – the power generation sector, reveals a release sent to energynomics.ro. Practically, in the past few years, private investments have lowered dramatically, near to zero.