National electricity consumption in Romania decreased by 5.7% in the first 11 months of 2023, y-o-y, to a total of 44.664 billion kWh, according to data published on Tuesday by the National Institute of Statistics (INS).Commercial electricity consumption stood at 33.900 billion kWh, down 4.6%, while households used 8.6%, or 10.393 billion kWh, less electricity.At the same time, public lighting reported a decrease by 19.7%, to 370.2 million kWh, and technological self-consumption in networks and stations was 4.488 billion kWh, decreasing by 1.9%.According to INS data, electricity exports amounted to 10.426 billion kWh, up 3.884 billion kWh. Technological self-consumption in networks and stations was 4.488 billion kWh, down 88.6 million kWh.Between January 1 and November 30, 2023, primary energy sources decreased by 3%, and electricity sources increased by 1.8% y-o-y.The main primary energy sources in the first 11 months of 2023 totalled 30.049 million tonnes of oil equivalent (toe), down 933,000 toe y-o-y.Domestic production totalled 16.420 million toe, down 81,800 toe (-0.5%) y-o-y, and import was 13.629 million toe, down 851,200 toe (-5.9%).Thermal power stations generated 15.976 billion kWh of electricity, down 3.609 billion kWh (-18.4%). Hydropower plants generated 17.149 billion kWh of electricity, up 4.269 billion kWh (+33.1%), and nuclear power plants generated 10.176 billion kWh of electricity, up 111.3 million kWh (+1.1%).January 1 - November 30, 2023, wind power plants generated 6.930 billion kWh, which is an increase by 526.5 million kWh y-o-y, and photovoltaic installations gave 1.602 billion kWh, down 120.1 million kWh y-o-y.
A recent investigation conducted by Romanian journalists at Recorder claims to show that Vlad Oprea, the mayor of Sinaia, a popular mountain town roughly 120 km north of Bucharest, has an impressive fortune hidden from public view. He allegedly owns several properties, including a castle in France, which was bought under the name of one of his […]
Retail investors subscribed over 23.3 million shares in the first three days of the initial public offering carried out by energy group Premier Energy (PE). There were over 10,000 orders placed by retail investors, amounting to over RON 500 million (100 mln), as of Friday, May 10, at 15:15. The Premier Energy IPO is the […]
Romania ranked second in the region in terms of industrial & logistics spaces leased in the first quarter of 2024, after Poland, the uncontested leader in Central and Eastern Europe, according to a recent report by real estate consultancy company Cushman & Wakefield Echinox. The local demand surpassed that in Czechia, Slovakia, and Hungary. Companies leased […]
The organizers of Romania’s seaside festival Neversea unveiled the first artists for this year's edition. Maluma, Nick Carter, Bebe Rexha, G-Eazy, Mahmut Orhan, Don Diablo, and others are on the 2024 lineup. Maluma, the Colombian reggaeton and Latin-pop superstar known for his chart-topping hits and collaborations with artists like Shakira, Jennifer Lopez, The Weeknd, J […]
Digital nomad publication Freaking Nomads created an index of the best cities for digital nomads worldwide, and Bucharest took the ninth spot in the ranking. Coming out on top was Hoi An, Vietnam, with a score of 73.94 out of 100. The research looked at criteria influencing the appeal of cities for digital nomads, such […]
The electoral campaign for the June 9 local and European elections in Romania officially began on Friday, May 10, and will end on June 8. The Central Electoral Bureau urged all candidates and parties to maintain balanced and honest discourse and avoid distorting or manipulating information. The audiovisual electoral campaign will conclude on June 7 […]
