Europe's dependence on natural gas, as high as before the crisis, brings important price changes to any supply limitation, says Dumitru Chisalita, chairman of the Smart Energy Association (AEI) in an analysis sent on Tuesday."Europe's dependence on energy imports has not changed significantly in recent years, with Europe remaining heavily dependent on energy imports. An incident at a gas pipeline in Norway has caused important price changes on the stock exchanges, just as it happened before the crisis in the case of interruption of gas exports from Russia. An analysis of Eurostat data shows that the measures taken lately have not significantly changed Europe's level of energy security, replacing dependence on Russia with dependence on other countries. It can be seen that dependence on energy imports from Russia has decreased three times, but it has not been completely offset. There is a false idea that the gas crisis has caused a radical change in the energy market and gas has been left aside. In fact, statistics show us that things are not like that at all," says Chisalita.At the same time, dependence on coal in the EU increased in 2021 and 2022, with the restart of some coal-fired power plants following the gas crisis, and later returned to the level of 2019. The smallest decrease in dependence on imports from Russia is at the level of coal, which decreased by only 6%."Island countries are among the top energy-dependent countries, and at the opposite pole is Romania (the 4th least energy dependent country in the EU), ahead of Sweden, Estonia and Iceland."Romania is the country least dependent on imported gas and the second country least dependent on the import of petroleum products."These data show the importance of secure energy in the functioning of Europe and even more so of natural gas in this construction, which should be an important lesson for public policies and should determine rapid adaptability in order to avoid some of the future energy crises that are looming, ahead."
Bucharest's culinary scene welcomes back OLEA, the JW Marriott Bucharest Grand Hotel's celebrated Mediterranean destination, now reimagined with a fresh concept that blends authentic coastal flavours with contemporary sophistication. Following an extensive transformation, OLEA reopens its doors to offer guests a refined journey through the Mediterranean's sun-drenched culinary traditions, right in the heart of Romania's […]
The far-right presidential candidate George Simion, who won the first round of the presidential elections with over 40% of the votes, said during a debate on Thursday, May 8, that Romania should copy many state policies enacted by Hungarian prime minister Viktor Orban. Simion stated during the Euronews debate that all ethnic Hungarians "must understand […]
A landmark exhibition of works by the iconic photographer and war correspondent Lee Miller has opened at The King’s House in Viscri, in central Romania’s Brașov county. Titled Lee Miller’s Romania, the exhibition is billed as “the most extensive presentation of her work ever held in the country.” Miller, the war photographer and muse of […]
Boracay’s white sandy beaches and stunning sunsets make it a top destination for travelers of all ages, including seniors looking for a relaxing getaway. While the island is known for its vibrant nightlife and water activities, it also offers many accommodations tailored to older visitors. Senior-friendly hotels in Boracay prioritize comfort, accessibility, and convenience, ensuring […]
AmCham Romania, the business association gathering 600 American, international, and Romanian companies, has called for "responsibility and dialogue, essential to prevent an irreversible decline in investor confidence in Romania." The call comes "in the context of economic turbulence built up over the years and amplified to a worrying level by the prolonged electoral period." "Romania's […]
1664 Blanc, the super-premium French beer known for its elegant taste and unforgettable style, is capturing the attention of Romanian consumers with a refreshed presence: a bold spirit that celebrates the courage to live with style and that unmistakable Oh là là — now also available in a 0.5L can. This new packaging targets the […]
