Tag: Oltenia

EC Oltenia estimates over 250 million euros loss in 2019 – Romania, 09 October 2019

Coal-based electricity producer Energy Complex (EC) Oltenia, second largest in Romania after Hidroelectrica, said that it expects to record a loss in the amount of over 250 million euros this year. According to the estimate, EC Oltenia’s thermal power plants will produce 13.1 TWh of electricity Full article available for subscribers of Energy NEWS service […]

NPP Cernavoda unit 1 downtime extended – Romania, 23 September 2019

The downtime of unit 1 of Romania’s sole nuclear power plant Cernavoda, initially estimated to last a couple of days after a cooling leakage problem was spotted on 18 September, was extended until 24 September. However, this kept the electricity prices on the spot market close to the historic maximu Full article available for subscribers […]

Consumers to pay 2 billion euros over the next 10 years to save EC Oltenia – Romania, 20 September 2019

According to Romanian media, all electricity consumers in the country may have to pay a special fee for a period of ten years, between 2020 and 2030, to save Romania’s second-biggest electricity producer Energy Complex (EC) Oltenia. According to a draft bill that the Romanian authorities will Full article available for subscribers of Energy NEWS […]