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.
Several tens of thousands of people, according to AUR estimates as many as 100,000, participated on January 12 in a rally in Bucharest organized by the nationalist party Alliance for the Union of Romanians (AUR) against the annulment of the result of the first round of the presidential elections. It was the second rally after […]
Bucharest is one of the best cities for artificial intelligence startups, according to the Global Startup Ecosystem Index 2024 report by StartupBlink, quoted by Economedia.ro. However, only one Romanian startup, unicorn UiPath, seems to lead the country's capital city to this top. Romania has entered...
Former Romanian journalist Radu Budeanu, currently owner of the Titluri Quality, which includes the Cancan tabloid, the Gândul, general daily, and the ProSport sports daily, has purchased major local news agency Mediafax and its media products: the website, photo agency, and news feed. The transaction was agreed on January 8, 2025, according to Mediafax. ...
Romania’s imports of goods advanced by 2.8% y/y to EUR 126 billion in 12 months to November, driven by robust domestic demand for consumption and investments, while the exports contracted by 1.5% y/y to EUR 92 billion in the same 12-month period, according to data published by the statistics office INS. The trade deficit in […]
The retail sales volume increased by 8.6% y/y in November and 7.9% y/y in the 12 months to November 2024, according to data published by the statistics office INS. Although the figures are broadly in line with the overall macro landscape (robust growth of households' income, imports rising faster than exports), there is an unusual […]
January 10, 2025 WASHINGTON – Today, Secretary of Homeland Security Alejandro N. Mayorkas, in consultation with Secretary of State Antony J. Blinken, designated Romania as a participating country in the Visa Waiver Program (VWP). The collaboration and information sharing at the core of the VWP will significantly enhance the security interests of the United […]
