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THE BULGARIAN GOVERNMENT EXTENDS THE EXPLORATION LICENSE IN THE BLACK SEA OF OMV, TOTAL AND REPSOL / ENERGYNOMICS.RO

The exploration license for the Han Asparuh 1-18 perimeter of the Black Sea, owned by OMV, the main shareholder of Petrom, Romania’s largest oil and gas company, together with Total and Repsol, was extended by 109 days by the Bulgarian government, according to Profit.ro.

25.03.2019 · BULGARIA

THE REGULATOR DECIDED WHAT COMPANIES WOULD BUY HOW MUCH DOMESTIC GAS AND FROM WHOM AT THE PRICE THE GOVERNMENT SET / ENERGYNOMICS.RO

The latest decisions of the National Regulatory Authority for Energy – ANRE set out the destinations for natural gas from domestic production in 2019, after the GEO 114/2018 established the producers’ sale price. There is not much left over from the free market, and all these provisions make clear the violation of the basic principles of the European single market. It is only a matter of time until Romania is forced to abolish these measures. Until then, here’s how the natural gas market looks after OUG 114/2018.

25.03.2019 · ROMANIA

FIRST OFFICIAL INFORMATION ON THE MECHANISM OF CONTRACTS FOR DIFFERENCE IN ROMANIA / ENERGYNOMICS.RO

The Ministry of Energy has launched in public debate a support mechanism for investors with low-carbon technologies called Contracts for Difference (CfD), a mechanism in place in some Western countries.

25.03.2019 · ROMANIA

GASOLINE PRICES UP BY ANOTHER 1% FOR A TOTAL OF 8.55% INCREASE IN 2019 / ENERGYNOMICS.RO

After one week of stagnation, the upward trend in gasoline prices continues, with an average price increase of 0.92%, the 9th out of the past 11 weeks, for OMV Petrom’s car fuels. Since January 7, gasoline price has increased by 8.55% on average in the eight stations monitored by energynomics.ro, reaching the highest level of the year in each city. Once again this week, the price increases are homogeneous, with variations of 0.92% or 0.92% for gasolines sold in each city monitored by energynomics.ro. Constanţa continues to have the lowest price for gasoline (5.36 lei/liter) among the eight monitored cities.

25.03.2019 · ROMANIA

A HARD BREXIT TO COST ROMANIA 413 MLN. EURO ANUALLY / BOGDAN TUDORACHE - / ENERGYNOMICS.RO

A new study by Bertelsmann Foundation in Germany says that Romania would lose about 413 million euro annually, in a case of a hard Brexit, meaning each Romanian citizen would lose a net worth of 21 euros per year.

25.03.2019 · ROMANIA

MERKEL SAYS GERMANY NEEDS E-CARS FOR 2030 CLIMATE GOAL, FACES “TOUGH DECISIONS” / ENERGYNOMICS.RO

Germany needs e-mobility to reach its 2030 emissions reduction targets in transport, Chancellor Angela Merkel said, according to Suddeutsche Zeitung.

25.03.2019 · GERMANY

REVISED ENERGY EXCHANGE SPOT MARKETS ON TRACK FOR SEPTEMBER / ENERGYPRESS.EU

Greece’s energy exchange authorities are striving for spot market exchange platforms to be ready by September, for training purposes, ahead of a fully-functional launch of the exchange’s three spot markets – the intraday, balancing and day-ahead markets – by the end of the year.

25.03.2019 · GREECE

IGI POSEIDON LICENSING PROCEDURES ‘READY BY SUMMER’ / ENERGYPRESS.EU

The prospective IGI Poseidon gas pipeline, planned to run though Greece’s north and across the Adriatic Sea to Italy as a supply route for Russian gas to Europe, is expected to be fully licensed by the summer, energypress sources have informed.

25.03.2019 · GREECE

PATRES: ONLY VULNERABLE CUSTOMERS SHOULD BENEFIT FROM REGULATED ENERGY PRICES / ENERGYNOMICS.RO

Senators in the Budget and Finance Committee resumed the debates on Tuesday to adopt a report on the draft law on the approval of Government Emergency Ordinance 114/2018 on the introduction of measures in the field of public investment and fiscal-budgetary measures. The new proposed amendments will be discussed with the Ministry of Finance. It is hoped the bill will pass the Senate by March 1 and enter in debate in the Committees of the Chamber of Deputies by next week.

17.03.2019 · ROMANIA

AROUND A QUARTER OF PHOTOVOLTAIC SYSTEM INSTALLERS REGISTERED WITH THE AFM FORM VALIDATION HAVE BEEN REJECTED OR ASKED TO COME BACK / ENERGYNOMICS.RO

By February 27, more than 100 installers have signed up for AFM validation for entering the program of subsidized photovoltaic systems, according to information released by a user of the EnergiaTa discussion forum on Facebook. Until February 28, 24 requests were rejected and in 9 cases the AFM asked for clarification or resending of documents in the correct form. The AFM also presented the most frequent reasons for rejecting files, among which:

17.03.2019 · ROMANIA

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