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Romania’s BRM exchange acquires Bulgarian gas bourse Betp

Date: 06.12.2024 Author: Maja Žuvela
Romania’s BRM exchange acquires Bulgarian gas bourse BetpPhoto: Andreja Krašna

The Romanian commodities exchange BRM has reached a deal to acquire its Bulgarian gas counterpart Betp, in a move which should deepen regional cooperation in natural gas trading, it said on Friday.

JAO to launch long-term Romania-Serbia auctions

Date: 06.12.2024 Author: Maja Žuvela
JAO to launch long-term Romania-Serbia auctionsPhoto: Montel

Long-term auctions for the Romania-Serbia border will start this month, JAO, the main service provider for European TSOs, said late on Wednesday, after launching a technical go-live on this border.

Romanian political uncertainty may threaten green growth

Date: 05.12.2024 Author: Montel
Romanian political uncertainty may threaten green growthPhoto: Energija Projekt

Political uncertainty in Romania amid parliamentary and presidential elections have created investment jitters within the energy sector, which could slow down the country’s green transition, market

Romania’s tax repeal to boost storage usage – developer

Date: 03.12.2024 Author: Maja Žuvela
Romania’s tax repeal to boost storage usage – developerPhoto: Mercados – Aries International

The Romanian government’s decision to eliminate double taxation on energy storage facilities is expected to boost their uptake and help integrate more renewables into the market, a local developer

Romania’s second power exchange BRM joins EU coupling market

Date: 20.11.2024 Author: Maja Žuvela
Romania’s second power exchange BRM joins EU coupling marketPhoto: Roman Peklaj

Romanian exchange BRM has become the country’s second nominated electricity market operator (Nemo) to join the European single day-ahead coupling (SDAC) market.

Romania eyes 2 GW storage capacity by 2027 – minister

Date: 19.11.2024 Author: Montel
Romania eyes 2 GW storage capacity by 2027 – ministerPhoto: InnoEnergy

Romania is seeking EUR 150m as part of a scheme to boost its power storage capacity to 2 GW by 2027, energy minister Sebastian Burduja said on Tuesday.

Romania signs deal to expand nuclear capacity by 1.44 GW

Date: 15.11.2024 Author: Maja Žuvela
Romania signs deal to expand nuclear capacity by 1.44 GWPhoto: Incont.ro

Romania will expand its nuclear power capacity by 1.44 GW at the Cernavoda power plant by 2031-2032, the energy ministry said on Friday, following an agreement signed by utility Nuclearelectrica and

Greece’s PPC sees green output jump 44% in first 9 months of 2024

Date: 14.11.2024 Author: Maja Žuvela
Greece’s PPC sees green output jump 44% in first 9 months of 2024Photo: Dalibor Dobrić

Greece’s largest utility PPC has seen its renewables output rise 44% year on year to 4.8 TWh in the January-September period, while its lignite generation fell by a third to 2.3 TWh.

Romania revives communist-era hydro project amid green protest

Date: 06.11.2024 Author: Dalibor Dobrić
Romania revives communist-era hydro project amid green protestPhoto: Montel

A local Romanian environmental protection agency on Tuesday published the approved environmental agreement, needed for the completion of the 35 MW Rastolita hydropower plant, amid continued opposition

Romania to add 791 MWh of battery storage, covering 20% needs

Date: 05.11.2024 Author: Montel
Romania to add 791 MWh of battery storage, covering 20% needsPhoto: Pixabay

Romania will disburse EUR 36m to five companies with the aim of adding 790 MWh of battery capacity and covering up to 20% of its storage needs, its energy minister said late on Monday.

Supplier cash flow woes may curb Romanian power market hedging

Date: 01.11.2024 Author: Montel
Supplier cash flow woes may curb Romanian power market hedgingPhoto: Roman Peklaj

Romania’s power market could witness lower hedging activity next year because suppliers are facing mounting cash flow issues due to delays in the government’s price cap scheme reimbursements,

Moldova to boost power purchase in Romania as of November

Date: 31.10.2024 Author: Montel
Moldova to boost power purchase in Romania as of NovemberPhoto: Roman Peklaj

Moldova’s state-owned power utility Energocom plans to buy 51.6 GWh of electricity in November, or around 14% of its power needs, on the Romanian power exchange Opcom, it said in a statement on

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