Tag: Transelectrica

Transelectrica’s profit rose by 18.3 % in 2020 – Romania, 15 February 2021

Romanian electricity transmission system operator Transelectrica recorded a net profit in the amount of 23.3 million euros in 2020, which is by 18.3 % higher compared to the previous year. The statement from the company said that the increase in profit was mainly due to reduced operational ex Full article available for subscribers of Energy NEWS […]

Romania launched 15-minute settlement process on the balancing market – Romania, 02 February 2021

As of 1 February, the Romanian electricity market has moved from one hour’s settlement time to 15 minutes’ settlement interval. The implementation of this settlement interval in the electricity market makes it possible trading much closer to the delivery time, which is expected to increase the possi Full article available for subscribers of Energy NEWS […]

ENTSO-E is investigating causes that led to several power outages in continental Europe – Region, 18 January 2021

On 8 January 2021 at 14:05 CET, the synchronous area of continental Europe was separated into two separated areas due to outages of several transmission network elements in a very short time. European Association of Transmission System Operators for Europe (ENTSO-E) is investigating the causes of th Full article available for subscribers of Energy NEWS […]