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NUMEROUS HOUSEHOLDS EXCLUDED FROM SUBSIDIZED POWER PROGRAM

Thousands of underprivileged households eligible, until recently, for subsidized lower-cost electricity through the Social Residential Tariff (KOT) program have been left without electricity for periods ranging from hours to days as a result of their failure to submit renewed application forms earlier this year.

16.09.2018 ·

TWO OPTIONS MOST PROBABLE IN DEPA RESTRUCTURING PLAN

Consultants working on Greek gas utility DEPA’s split plan, entailing a division of the firm’s commercial interests and infrastructure, have arrived at two most probable proposals, energypress sources have informed.

16.09.2018 ·

THE EXPANSION AND INTEGRATION OF TRANSPORT NETWORKS CONTINUES, SUPPORTED BY INVESTMENT IN INFRASTRUCTURE (EBC, SEPTEMBER 11)

European policies and infrastructure optimization are the engines of the trends that currently dominate the field of energy transport in Romania, just like in the rest of Europe and globally. Romania is in the process of implementing large projects to modernize and expand its energy transport infrastructure – for electricity, natural gas and crude oil, as well as solutions for increased flexibility of the power grid (the new Iernut natural gas plant included) and integration of generation units based on renewable sources. Besides the European policies, modernization and new technologies, liberalization and the ever-wider integration of the energy industry put small producers and big consumers in the position to move the markets. The heating sector, the transport of thermal energy included, is still outside these trends.

16.09.2018 ·

CLARIANT GROUP STARTED THE CONSTRUCTION OF 100 MIL. EURO BIOETHANOL FACTORY IN DOLJ COUNTY (ROMANIA)

The Swiss Clariant group has begun building a bioethanol in Podari, Dolj County, according to a press release posted on its website. More than 100 million euros worth, the investment is one of the largest in Southwest Romania. By 2020, the plant will produce 50,000 tons of bioethanol annually, with more than 100 own employees and about 300 permanent jobs in the units serving the plant, in the transport and storage of biomass.

16.09.2018 ·

EY: HISTORIC PEAK IN GLOBAL ENERGY AND UTILITIES DEALS

The value of transactions in the energy and utilities sector reached an absolute maximum of 180 billion dollars in the first half of 2018, writes EY Power transactions and trends: Q2 2018 report. The record comes despite a 14% decrease in the second quarter compared to the same period last year, to 83 billion dollars. The renewable energy sector accounted for nearly half (46%) of the volume of transactions in the second quarter of 2018, EY announced in a press release.

16.09.2018 ·

MOL ENTERS POLYOL PROJECT AND SIGNS EPC CONTRACTS WITH THYSSENKRUPP

MOL has reached another important milestone in its flagship strategic chemical project and entered into engineering, procurement and construction (EPC) contracts with thyssenkrupp Industrial Solutions for the implementation of the entire polyether polyol complex.

16.09.2018 ·

TRANSGAZ MIGHT RECEIVE ADDITIONAL EUROPEAN FUNDS TO INCREASE INTERCONNECTION CAPACITY WITH THE REPUBLIC OF MOLDOVA

Transgaz could receive € 46 million in non-reimbursable European funds to increase the capacity of the pipeline to transport gas to the Republic of Moldova, said Ciprian Alic, head of the company’s European Funds Accessing and International Relations Division.  

02.09.2018 ·

ANDREI BOBAR, NEW CFO OF ROMGAZ TILL 2021

The Board of Directors of the natural gas producer Romgaz Mediaş (SNG) appointed Andrei Bobar as the company economic director for determined period, namely 28 August 2018 – 2 November 2021, the issuer shows in a report sent to Bucharest Stock Exchange (BVB).

02.09.2018 ·

NORWAY BETS ON GAS AND CCS TO COMPLEMENT EUROPE’S ENERGY TRANSITION

With its vast amounts of hydro energy, many would like Norway to become Europe’s “green battery”, supplying neighbours with steady power when there is little wind or sun. An extreme heat wave and dry weather in the first half of 2018 showed the limitations of this vision. The Norwegian government itself is focusing on natural gas exports, which it sees as a climate-friendly alternative to oil and coal for a continent with ever-stricter climate targets. Now, the Scandinavian country is developing plans to capture and store huge amounts of CO₂ in empty gas fields under the seabed – and wants financial support from the EU to help showcase the idea’s viability. But scepticism over carbon capture and storage (CCS) means support is far from certain, according to Cleanenergywire.org.

02.09.2018 ·

SMART ELECTRIC MOBILITY STATION, BUILT BY STUDENTS FROM VOCATIONAL AND TECHNOLOGICAL HIGH SCHOOLS

59 future electricians coming from vocational and technological high schools in Gorj County built the first smart electric mobility station in Brasov. E-lectron is the first such station for eco transport in Braşov – trots, bikes or other electrical devices, and it is available to the public in Braşov, in Coresi Shopping Resort, for free use by locals and tourists. The project was carried out under the guidance of the initiators of the project EFdeN, Claudiu Butacu and Mihai Toader-Pasti, with the support of OMV Petrom, at the Craftsmen Camp with Andrei’s Country.

02.09.2018 ·

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