Romania needs a lot of heat pumps in the coming years to achieve its decarbonisation target in the heating and cooling sector, Sorin Elisei, director general at the Ministry of Energy, told a specialist event on Wednesday."On the electricity side, we are starting to do well. In 2030, Romania has an 87% reduction in emissions in the energy sector as against 1990 - and that is largely due to the "coal fault", so to speak, the elimination of coal, just as we set our targets under the National Recovery and Resilience Plan (PNNR)," Elisei told a ZF ESG 2024 conference on the pillars that underpin sustainable investments and how to build sustainable businesses.In his opinion, carbon capture and storage could be something that Romania could take advantage of, offshore rather than on-shore, but also an opportunity that is directly linked, for example, to the cement industry."We will need a lot of heat pumps in the coming years to be able to achieve our decarbonisation target in the heating and cooling sector. We see how other countries have attracted investment in factories - and that's what I think we should be moving towards. As Mr Fechet [environmental minister] said about investing in a glass factory, we should reach out to producers of net zero technologies. The renewable part for which billions and billions of euros have been allocated is on a good track."Minister Fechet said on Wednesday that funding sources are currently being sought at government level in order to attract investment to Romania for glass processing, given that the glass industry is one with a high added value that involves very high investments and operating costs. (Photo:https://www.myclimate.org/)
It's almost impossible to think about anything not related to elections this weekend but if you should need some distraction, there are options. Happening now is the European Film Festival, screening recent productions from the continent, very varied in theme, tone, and genre. The fest is playing Bucharest, Sfântu Gheorghe and Timișoara until Sunday and […]
Modernization work is ready to start at Bucharest’s Henri Coandă International Airport, also known as the Otopeni Airport, following an investment of over RON 112.4 million (some EUR 22 million) led by the National Company Bucharest Airports (CNAB), news agency Agerpres reported. The company...
Paris Hilton, who will be present at IntenCity Craiova, a festival organized this summer between June 26–29, sent a message to her fans in Romania. "I'm excited to perform at the IntenCity Festival on June 28. It's going to be so much fun! See you there," Paris Hilton told those who will come to Craiova. […]
AMAIS (Association for Alternative Methods of Social Integration) has officially launched the SeeYou mobile app, an innovative platform that connects visually impaired individuals with volunteer guides who can accompany them during everyday activities - from medical appointments or shopping to park strolls or cultural events. SeeYou is the first mobile app of its kind in […]
SAI Broker, a Romanian investment management company part of BRK Financial Group, listed a new ETF on the Regulated Market of the Bucharest Stock Exchange (BVB) on May 16, under the stock symbol BKBETETF. The ETF aims to fully replicate the structure of the main index, BET. The BET index reflects the evolution of the […]
An investment of over RON 1.26 billion, approximately EUR 254 million, is set to be made in the Port of Constanța, to increase maritime transport capacity and the volume of commercial exchanges. The funds will be used for the construction of a quay and the development of a port area covering 550,000 square meters. The […]
