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.
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
Romania carried out a new medical evacuation mission for civilians from Gaza on Monday, December 8, transporting eight Palestinian patients and 29 accompanying relatives to Bucharest for treatment, according to the Department for Emergency Situations (DSU). The patients were evacuated aboard a Romanian Air Force C-130 Hercules aircraft after lacking access to adequate medical care. […]
