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High power prices to last for 4 to 5 years in Romania – Competition Council

Date: 28.09.2021 Author: Peter Palčec
High power prices to last for 4 to 5 years in Romania – Competition CouncilPhoto: Pixabay

High electricity prices in Romania will continue for as long as the country relies on coal-fired power generation, said Romanian Competition Council chairman Bogdan Chiritoiu last Friday, according to

Bullish gas market to further drive SEE spot prices upward – EQ

Date: 28.09.2021 Author: Tanja Srnovršnik
Bullish gas market to further drive SEE spot prices upward – EQPhoto: ACER

Soaring gas prices are expected to further lift spot power prices in south-east Europe (SEE) next week, to an average of over EUR 155/MWh, according to Montel’s Energy Quantified (EQ) data.

Greenvolt to expand into Italy, Bulgaria and Romania

Date: 27.09.2021 Author: Peter Palčec
Greenvolt to expand into Italy, Bulgaria and RomaniaPhoto: Roman Peklaj

Portuguese renewable energy producer Greenvolt announced in a press release last week that it will be expanding its operations into the Bulgarian, Romanian and Italian markets through its Polish

Bulgarian offshore wind potential estimated at 116 GW – study

Date: 27.09.2021 Author: Peter Palčec
Bulgarian offshore wind potential estimated at 116 GW – studyPhoto: WindEurope

The Bulgarian section of the Black Sea has technical offshore wind energy potential of roughly 116 GW, says a study published by the Bulgarian Centre for the Study of Democracy (CSD).

Denmark’s European Energy enters Romanian renewables market

Date: 24.09.2021 Author: Peter Palčec
Denmark’s European Energy enters Romanian renewables marketPhoto: arhiv Energetike.NET

Danish renewable energy company European Energy has opened a subsidiary in Romania, with the aim of developing renewable projects in this country, local media reported on Thursday.

Romgaz doubles gas supply price for Bucharest heating system

Date: 23.09.2021 Author: Peter Palčec
Romgaz doubles gas supply price for Bucharest heating systemPhoto: Roman Peklaj

Romanian natural gas producer and supplier Romgaz will double the price of the gas it delivers to Electrocentrale Bucuresti (Elcen), the company in charge of district heating in Bucharest, beginning

Europe has 49 GW of excess fossil fuel capacity – report

Date: 21.09.2021 Author: Nathan Witkop, Montel
Europe has 49 GW of excess fossil fuel capacity – reportPhoto: Alenka Lena Klopčič

Europe could retire 48.8 GW of excess fossil fuel capacity across its power plant fleet without endangering energy security, a report found on Tuesday.

SEE to see further moderate increase in spot prices next week – EQ

Date: 21.09.2021 Author: Tanja Srnovršnik
SEE to see further moderate increase in spot prices next week – EQPhoto: ACER

Average south-east European (SEE) spot power prices next week are expected to witness some additional growth to levels between EUR 146-149/MWh, according to Montel’s Energy Quantified (EQ) data.

Romania’s OEC to switch to solar with revenues from CO2 permits

Date: 17.09.2021 Author: Peter Palčec
Romania’s OEC to switch to solar with revenues from CO2 permitsPhoto: pixabay.com

Romania has applied for its first funding from the EU’s Modernisation Fund, some of which will be used for solar projects in the Oltenia Energy Complex (OEC) worth EUR 671m, reports Romanian news

Romania will not face gas shortages during winter – energy minister

Date: 16.09.2021 Author: Peter Palčec
Romania will not face gas shortages during winter – energy ministerPhoto: Andreja Krašna

Romanian energy minister Virgil Popescu has denied claims that Romania will face gas shortages during the coming winter season as Romanian gas storage facilities are already 70% full, reported the

Romania could add 10 GW of solar and wind by 2030 – industry

Date: 14.09.2021 Author: Tanja Srnovršnik
Romania could add 10 GW of solar and wind by 2030 – industryPhoto: Roman Peklaj

Romania is expected to set its sights higher and add at least 10 GW of solar and wind capacity by 2030, said Ciprian Glodeanu, president of the country's photovoltaic industry association, on Tuesday.

SEE to witness EUR 140/MWh spot prices until October – EQ

Date: 14.09.2021 Author: Tanja Srnovršnik
SEE to witness EUR 140/MWh spot prices until October – EQPhoto: ACER

South-east European (SEE) day-ahead power prices neared EUR 170/MWh on Tuesday amid surging fuel prices, while Montel’s Energy Quantified (EQ) estimates regional spot prices will average around EUR



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