information on the energy sector
TAP ROUTE WILL CONTINUE AS PLANNED, KAVALA LOCALS TOLD
There is no more leeway for any further discussion concerning revisions to the TAP natural gas pipeline’s route, which will be developed as planned, energy minister Giorgos Stathakis has made clear following the presentation of a technical study conducted by the Technical Chamber of Greece (TEE).
We must do moreto guard against electrical safety risks
For power-critical commercial buildings such as process plants, industrial infrastructure, data centres as well as for hospitals, airports and tunnels a continuous supply of electrical power is essential. The provision of reliable power in such buildings is reliant upon the low-voltage distribution panels that lie at the heart of the electrical installation. The demands placed upon these panels, particularly as operations and infrastructure expand over time, leaves them intensely vulnerable to arc faults. In this article, Bernhard Gegenbauer, power distribution product manager at Eaton, explores the consequences of arc faults and questions whether organisations are doing all they can to minimise the risk.
ENEVO GROUP, ONE OF THREE ENERGY COMPANIES IN THE “MADE IN ROMANIA – BVB LEAGUE” SEMIFINALS
Enevo Group has reached the semifinals of the “Made in Romania – BVB league“ competition, on the shortlist of 50 companies. In total 201 companies were registered, compared to 166 in the first edition of 2017. Of the 50 semi-finalists, a panel of 12 experts will choose 14 companies. The 15th company will be chosen on the basis of public vote, from March 19 to April 3.
IANCU, ENERGY DAY: IN THREE MONTHS WE COULD HAVE THE STRATEGY, IN TWO WEEKS GEO 24 FOR RENEWABLE
In three months, we could finalize the draft National Energy Strategy (SNE), and within a maximum of two weeks it would be possible to have a final version of the amendment to the Ordinance on Renewable GEO 24, said Iulian Iancu, head of the Committee for Industries and Services of the Chamber of Deputies, at the 10th edition of the Energy Day, organized in Brasov by Repom and its partners.
ROMGAZ: INVESTMENTS OF 1.6 BILLION LEI IN 2018 AND DIVERSIFICATION PLANS IN CNG, RENEWABLE AND PETROCHEMICALS
Romgaz estimates for this year an operating profit of 4.57 billion lei, down 8.1% from the preliminary value of the indicator for 2017 and 4.98 billion lei respectively, according to the budget of revenues and expenditures that will be discussed in the General Shareholders’ Meeting on March 29. The company will invest in this year 1.6 billion lei, exclusively from its own sources, and the main investment projects in 2018 are aimed at compensating for the natural decline of natural gas production.
TURKEY'S POWER GENERATION RISES BY 3.3% IN JAN. 2018
Turkey's electricity production increased by 3.3 percent in January compared to Jan. 2017 to meet the country's growing electricity demand, according to Turkish energy watchdog data on Friday.
TURKEY PRIVATIZES GONEN HYDRO PLANT IN CANAKKALE
Altek Alarko Corp. won the tender for the privatization for a hydropower plant in Canakkale in northwestern Turkey with an installed capacity of 10.6 megawatts, Turkey's privatization administration announced Friday in Ankara.
TURKSTREAM PROCEEDS AS PLANNED TOWARDS TURKISH SHORE
The company responsible for the construction for the project's offshore section, South Stream Transport B.V, always remained focused on reaching the Turkish shores and is on track to make this happen, said Erich Jurdik, deputy CEO responsible from construction on Tuesday.
OMV PETROM ESTIMATES NET PROFIT OF RON 2.5 BLN THIS YEAR
The oil&gas producer OMV Petrom estimates net profit of RON 2.5 billion this year, slightly higher than the last year, due to a decreasing production and increasing investments, according to the data presented by the company, which will be voted by shareholders, taking place next month.
ROMANIA TAKES DECISIVE STEP TO START BUILDING BRUA PIPELINE
Romania’s Ministry of Energy took on Wednesday a decisive step for the Romanian segment of the Bulgaria-Romania-Hungary-Austria (BRUA) major pipeline project, issuing a decision that gives to the state-owned company Transgaz the green light to start the building works.