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information on the energy sector

INAUGURAL CAT FLEXIBILITY AUCTION PLANNED BY IPTO FOR NEXT WEEK

An inaugural auction offering CAT remuneration for a total of 4,500 MW of electricity output offering grid flexibility has been planned by power grid operator IPTO for September 28.

23.09.2018 ·

OANA MOTOI, ALEX MASSACI AND ȘERBAN ŢIGĂNAŞ LAUNCHED CROMWELL EVAN GLOBAL, A TAX AND BUSINESS CONSULTING FIRM

With an initial investment of 100,000 euros, Cromwell Evan Global – CEG is a company offering tax and business consulting services, proposing an integrated business advisory model. The 360° Consulting concept facilitates the investment process and reduces costs, said Oana Motoi, Founder & Managing Partner Cromwell Evan Global. At present, the company operates with two offices in Bucharest and Chisinau, with a team of about 10 people.

23.09.2018 ·

ENERGY EFFICIENCY STARTS WITH MONITORING AND BUILDS ON AUTOMATION (BUCHAREST, SEP 18)

Four international giants – ABB, Eaton, Emerson, Valmet – and local experts, together with ANRE vice-president Zoltan Nagy-Bege, presented examples of good practices and scenarios on the future of energy efficiency in Romania. More than 150 participants were present at the Parliament Palace, where energynomics.ro and DK Expo organized this year’s 5th event in the Energy Efficiency series: “Energy Efficiency – Good Practices and Future Scenarios” within our national campaign “Energy efficiency for big results”. The ANRE representative opened the conference presenting two of the relevant directions of the Authority from the perspective of energy efficiency:  accelerating the integration of renewable energies into the national energy mix and reducing energy poverty. Zoltan Nagy-Bege insisted on the need for better communication, mainly towards public administrations and end-consumers, on the opportunities that come with actions for improved energy efficiency. “Town halls need to understand that developing local energy efficiency reports helps them identify the problems they have and the ways they can work effectively,” said Zoltan Nagy-Bege.

23.09.2018 ·

RICHARD L. MORNINGSTAR: THE 3 SEAS INITIATIVE FOR A COMPETITIVE GAS MARKET IN CEE

The current geopolitics of energy in the CEE region displays a spectacular clash of three or even four rival grand narratives, as a local reflection of a multipolar world. The Energy Union (EU), the 3 Seas Initiative (US), the Greater Powerness (Russia), and the One Belt, One Road Initiative (China). In order for decisions to be made, understanding these grand narratives is a critical prerequisite, not only for Romania, but for all states caught in between. We spoke with HE Mr. Richard L. Morningstar, the Founding Chairman of the Global Energy Center at the Atlantic Council, about this complex regional context, shortly before the 3 Seas Initiative Summit in Bucharest. Richard L. Morningstar served as the US Ambassador to the Republic of Azerbaijan from July 2012 to August 2014. Prior to this appointment, he was the Secretary of State’s Special Envoy for Eurasian Energy. He also served as Ambassador to the European Union from June 1999 to September 2001.

23.09.2018 ·

BUCHAREST RISKS THERMAL BLACKOUT THIS WINTER, FOR THE FIRST TIME AFTER THE WAR

Bucharest risks thermal blackout this winter, as politicians confront each other with controversial statements amid the launch of an electoral campaign inside the governing party and outside as well.

16.09.2018 ·

ACMPE: THE MANDATORY PRICE COMPARATOR WOULD REDUCE THE DIVERSITY OF OFFERS, AND COMPETITION

The Association of Consumers and Small Power Producers – ACMPE, newly established, considers that the adoption of the ANRE Order regarding the obligation to inform the final customers through the “Comparator of the Electricity Supply Bids” is one of the worst ideas. “The forceful transformation of a tool explicitly meant to inform in a mandatory one and, above all, making these bids legally opposable, will actually mean a big step backwards in the process of market liberalization and a reduction, not an increase in the market competition,” ACMPE said.

16.09.2018 ·

HIDROELECTRICA UNDER INVESTIGATION, AFTER LOSSES REGISTERED BY SUPPLIERS

Power suppliers have registered losses as a result of Hidroelectrica’s behavior of selling more energy on the balancing market where the price is higher, instead of the Day Ahead Market (DAM), but consumers would have suffered as well if the situation would have continued, said the president of the Competition Council, Bogdan Chiriţoiu.

16.09.2018 ·

NATURAL GAS WILL OVERTAKE OIL TO BECOME NORTH AMERICA’S ”SINGLE LARGEST ENERGY SOURCE” THIS YEAR, RISK MANAGEMENT FIRM SAYS

Oil will be toppled as North America’s primary energy source this year, according to risk management firm DNV GL, with natural gas and electrification set to reshape the region’s energy future.

16.09.2018 ·

TEN NEW CITIES JOIN POWERING PAST COAL ALLIANCE

Powering Past Coal Alliance announced on Thursday that 10 new states, regions and cities agreed to be part of the alliance to combat climate change effectively.

16.09.2018 ·

HIGHER CO2 EMISSION RIGHT COSTS IMPACTING ELECTRICITY PRICES

Projected electricity tariff increases due to a sharp rise in CO2 emission right costs are already impacting the Greek electricity market. For the time being, price hikes are being imposed on large-scale energy-intensive commercial consumers in the low-voltage category and medium-voltage customers.

16.09.2018 ·

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