The coal-fired power plant CE Oltenia auctioned forward electricity contract with delivery in Q1 next year for RON 600 (EUR 120) per MWh, but the electricity subsidiaries of Enel utility group had to offer up to RON 830 (EUR 166) per MWh to make sure they win, Economica.net reported. The “band” electricity blocks, namely contracts providing for the supply of constant power during the period (Q1), were eventually sold at prices between RON 815 and RON 821 per MWh. For this price, CE Oltenia is safely on the profit side, Economica.net concludes quoting company’s officials announcing a production cost of RON 510 per MWh that includes a carbon price component calculated for CO2 certificate traded at EUR 60. CE Oltenia general manager Daniel Burlan was recently speaking of the high prices (RON 700-1,000 per MWh) on the spot market - “three times more than the company gets [at that time] under the bilateral contracts.”
Two young Romanian energy specialists, one from Transelectrica, the operator of the national power system, and the other from the National Energy Regulatory Authority, were designated as members of the continental expert commission investigating the causes of the historic total blackout that affected Spain and Portugal. The blackout took place on April 28, 2025 and […]
More than 70% of Romanians would support an increase in defense spending so that Romania can defend its sovereignty in the event of military aggression, an INSCOP survey conducted between May 26-30 showed. Given the recent discussions on how Europe should reduce its military dependence on the US and NATO by increasing...
On Sunday, June 15, the 'Carol I' Central University Library (BCU) hosted an event in its unconventional creative space, launching a new platform for reflection on the kind of social contract humanity might need in the digital age — a 'Magna Carta AI.' The event was dedicated to exploring key principles that could guide the […]
APTIQ Global is pleased to announce a strategic partnership with SOGECC, a French specialist in tax, accounting and business advisory. Through this partnership, APTIQ and SOGECC are poised to deliver premium expertise in these areas tailored for all types of businesses, with a focus on SMEs, liberal professions and larger French and international companies. SOGECC's […]
Between June 21–23, 2025, Ferdinand Square in Oradea is set to host the first edition of the L’Arte della Pizza – Festa della Pizza Napoletana festival. The event is dedicated to the taste, tradition, and culinary spectacle of the southern Italian region. As part of the festival, pizza masters from Naples will come to Oradea […]
The exhibition Hemp - Back to the Future, set to open at the National Museum of the Romanian Peasant beginning June 18, is dedicated to the “rediscovery of hemp as a sustainable resource, located at the intersection of heritage, contemporary design, and applied research.” The exhibition, which can be visited in Bucharest until July 12, […]
