electricity

Restart Energy, one of the largest independent suppliers of electricity and natural gas in Romania, entered into a joint venture with the Washington, DC based Interlink Capital Strategies to develop 500 million dollars in green energy in…

The largest increases in household electricity prices, in national currencies, were registered in Lithuania (+13.6%), ahead of Poland (+12.9%), Luxembourg (+10.5%), Romania (+9.1%) and Czechia (+8.0%), between the first half of 2019 and the…

Deloitte Romania advised the Czech energy group CEZ in the sale of seven of its Romanian subsidiaries, active in electricity distribution, supply and renewables, to the infrastructure investor Macquarie Infrastructure and Real Assets…

Macquarie Infrastructure and Real Assets (“MIRA”) today announced that a consortium led by Macquarie European Infrastructure Fund 6 (“MEIF6”) has reached an agreement to acquire a portfolio of Romanian power assets owned by ČEZ Group.…

E-Distribuţie companies in Romania will invest 483 million lei (approximately 100 million euros), during the current year, in the modernization of the electricity network in Bucharest and in the ten counties in Romania in which they…

As Romania has recorded the highest electricity price growth in EU for heavy consumers, European Union is offering 60% non-reimbursable funds for the heavy energy consumers, up to 15 mln. EUR, through the POIM 6.4 financing axis, which can…

The 'Green House Solar' Programme carried out by the Administration of the Environment Fund (AFM) has helped not even a single citizen to produce energy by his own out of clean sources, while the speed the Administration is running this…

Government  has adopted the draft to amend the Government Emergency Ordinance (GEO) 114. "By adopting this draft law we are saving private pensions pillar II, in order to stimulate and encourage alternative private pensions systems. The…

Total energy resources available in 2018 stood at about the same level with those of 2017; compared to previous year, the primary energy production decreased by 1.7%, while imports of energy resources increased by 4.2%, gross inland…

During January 1-August 31 this year, primary energy resources increased by 1.4%, while those of electricity decreased by 3.8% as compared to the same period of previous year, the National Institute of Statistics (INS) latest report says.…