Tag: Oltenia

EC launched in-depth investigation into state aid to EC Oltenia – Romania, 05 February 2021

The European Commission has launched an in-depth investigation to assess whether the Romanian Government’s support measures for coal-based electricity producer Energy Complex (EC) Oltenia would be in line with EU rules on state aid. Following a temporary rescue aid granted by the Government to th Full article available for subscribers of Energy NEWS service (PDF […]

Romania abandons construction of new coal-fired power plants – Romania, 20 November 2020

According to CCE Bankwatch Network, Romanian Minister of Economy and Energy Virgil Popescu said in an interview that no new coal-fired power plant will be built in the country. Since only one such facility was planned – the new 600 MW unit at TPP Rovinari, it looks like the Government decided to Full article available […]

EC Oltenia to obtain EC’s approval for its 3.5 billion euros restructuring plan – Romania, 18 November 2020

Coal-based electricity producer Energy Complex (EC) Oltenia said that is near to obtain the approval of the European Commission (EC) for its restructuring and decarbonizing plan worth 3.5 billion euros. The statement from the company said that it has launched the notification procedure, which is Full article available for subscribers of Energy NEWS service (PDF […]