Tag: Transelectrica

Romania is exporting electricity due to high wind production – Romania, 28 November 2018

Low temperatures in Romania in the past few days contributed to the increase of electricity consumption, but due to high wind production in recent days, the country is still a net exporter of electricity. In the morning hours of 28 November, consumption in Romania amounted to a little over 9,200 Full article available for subscribers […]

Transelectrica to invest 880 million euros by 2027 – Romania, 23 November 2018

Romanian electricity transmission system operator Transelectrica said that it plans to invest around 880 million euros in network development by 2027. According to the investment plan, which will be presented to company’s shareholders at the next meeting, some 84 % of the funding will come from r Full article available for subscribers of Energy NEWS […]

Transelectrica recorded significantly higher profit in 2018 – Romania, 15 November 2018

Romanian electricity transmission system operator Transelectrica recorded a net profit in the amount of 21 million euros in the first nine months of 2018, which is 51 % higher compared to the same period last year. The company’s revenues from its core activity (electricity transmission) dropped b Full article available for subscribers of Energy NEWS […]