energyobserver

information on the energy sector

FRANCOIS-REGIS MOUTON (IOGP): IF EVERYTHING IS SET RIGHT, INVESTORS WILL COME / ENERGYNOMICS.RO

With over 80 members around the world, the International Association of Oil and Gas Producers – IOGP – represents most of the world’s leading publicly traded, private and state-owned oil and gas companies, industry associations and major Upstream service companies. When we met in Bruxelles, few weeks ago, Mr. Francois-Regis Mouton – IOGP EU Affairs Director, spoke about Europe’s rising dependence on imports of oil and gas. At the same time, he noted that Europe is still an exploration hotspot, as it yields some of best E&P results globally! In this context, Romania could become net exporter, based on its over 200 bcm gas potential at the Black Sea, under the condition the country granted legal framework fit for purpose and stable for FIDs to be taken – interconnectivity, market liberalization, and stable taxation included.

13.01.2019 · EU

ENERGY PROJECTS IN RURAL AREAS MUST CONSIDER WILLINGNESS TO PAY / ENERGYNOMICS.RO

Despite at least a decade of global attention, private sector initiatives to provide electricity in rural communities have had little success. Surprisingly, evidence shows that even when disposable income is sufficient, people are often not willing to pay for energy products and services. Projects that provide appliances like solar lanterns, torches, and televisions, for example, were not sustainable within low-income clientele, due to low willingness to pay. On the other hand, sustainability and profitability are higher when energy projects provide appliances of higher tangible value in the eyes of the users. Integrating willingness to pay measurements into the initial phase of rural projects design can lead to more sustainable and profitable projects for private sector companies. In this article, we demonstrate how willingness to pay can be integrated into the process of designing a business model for a rural energy project in a community in Western Uganda.

13.01.2019 · ROMANIA

ARMED PEACEKEEPERS NO LONGER NEEDED: TURKISH CYPRUS

The foreign minister of the Turkish Republic of Northern Cyprus has called for turning the UN peacekeeping mission on the island into a civilian mission.

13.01.2019 · TURKISH_CYPRUS

TURKISH BUSINESSPEOPLE URGED TO FOCUS ON LATIN AMERICA

Turkey’s Vice President on Saturday called on Turkish businesspeople to focus on Latin America for investments.

13.01.2019 · TURKEY

SMALL OFFERING FOR NEXT NOME AUCTION PROMPTS REACTION / ENERGYPRESS.EU

Electricity market players, especially vertically integrated companies, have raised objections to a subdued electricity amount of 240 MWh/h decided on by RAE, the Regulatory Authority for Energy, for the year’s first NOME auction, scheduled for January 23, as well as the failure, so far, by authorities to decide on export restrictions concerning electricity amounts acquired at these auctions.

13.01.2019 · GREECE

IPTO AIMING FOR CRETE-ATHENS LINK TENDER WITHIN FEBRUARY / ENERGYPRESS.EU

Ariadne Interconnector, Greek power grid operator IPTO’s subsidiary established as an SPV for the development of the Crete-Athens electricity grid interconnection, expects to be ready to launch a tender covering all the project’s segments by the end of February, IPTO officials have informed.

13.01.2019 · GREECE

THE GEO STILL NOT PUBLISHED ON THE OFFICIAL GAZETTE; ANRE DOUBLES TO 0.2% THE CONTRIBUTION FROM LICENSED COMPANIES / ENERGYNOMICS.RO

The GEO to increase taxation in several economic sectors, including the energy sector, was adopted in the December 21st meeting of the Government. The newly introduced measures were presented by Government representatives, but the text of the GEO has not yet been published in the Official Gazette, so the final form is unknown. Meanwhile, Order 224/2018 of the Energy Regulatory Authority – ANRE, published in the Official Gazette on December 22, introduces significant increases in the money contributions due by companies with activities licensed by the Authority.    

02.01.2019 · ROMANIA

THE MODERNIZATION OF PETROLEUM LAW IS ESSENTIAL FOR THE DEVELOPMENT OF THE ONSHORE SECTOR / ENERGYNOMICS.RO

2018 was a year dominated by discussions as to the operation and taxation of the offshore petroleum and natural gas sector. At the same time, there are certain decisions that influenced the activity of onshore operators, as such measures are to be applied in the close future. The Petroleum Exploration and Production Companies Association, ROPEPCA, is the main dialogue partner with the authorities and the main voice of the onshore segment in Romania. We talked to Saniya Melnicenco, acting president of the association, about the hot topics for ROPEPCA.

02.01.2019 · ROMANIA

PETRE STROE (MET ROMÂNIA ENERGY): EDUCATING THE CONSUMER IS THE NUMBER ONE PRIORITY / ENERGYNOMICS.RO

Even if the supplier is focused on another market area than the distributor, I am sure that necessary steps must be taken to head forward in the digitalization and intelligent metering direction. This is a topic that MET România Energy, as supplier of electricity and natural gas, treats with maximum seriousness.

02.01.2019 · ROMANIA

EFFICIENT USE OF ENERGY RESOURCES. AN ECONOMETRIC MODELLING OF ENERGY CONSUMPTION / ENERGYNOMICS.RO

The continous increase of the demand of energy, the volatile prices, the supply disruptions, and as well the impact of the sector on the environment are, at this moment, the greatest energetic challenges. Therefore, the European Union (EU) has mobilized resources of its Member States to settle such issues, to think a new European strategy in the energy field, based upon the supply security, competitiveness and sustainability. Moreover, climatic changes that are more and more obvious and the increased energy dependence of our society catalysed such processes proposed by the EU to become a low energy consumption economy. Thus, EU’s energy policy promotes the interconnection of energy networks and the energy efficiency, of course, by carefully monitoring the efficient operation of the market.

02.01.2019 · ROMANIA

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