Hidroelectrica to spend 80 million euros on HPP Raul Mare Retezat refurbishment – Romania, 28 October 2019

Romanian electricity producer Hidroelectrica is planning to modernize and upgrade its hydropower plant Raul Mare Retezat, in which it will invest 80 million euros. The plant’s installed capacity will be increased from 335 to 350 MW. CEO of Hidroelectrica Bogdan Badea said that the company wants t Full article available for subscribers of Energy NEWS […]

Gas price for households could increase by up to 10 % from April 2020 – Romania, 28 October 2019

The regulated price of gas could increase by about 9 to 10 % from 1 April 2020, if the liberalization calendar that the Romanian authorities prepare will enter into force. The new liberalization calendar agreed by the Romanian authorities and the European Commission provides that the gas market w Full article available for subscribers of […]

Austrian Schweighofer Group sells its stake in biomass power plant – Romania, 28 October 2019

Austrian Schweughofer Group said that it ha sold its 25.1 % stake in Romanian cogeneration plant Bioenergy Suceava for an undisclosed amount. The statement from the group said that the deal was carried out by its wholly-owned subsidiary Bio Electrica Transilvania and the sale is in line with the Full article available for subscribers of […]