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.”
Meeting between Prime Minister Ilie Bolojan and European Commissioner for Equality, Preparedness and Crisis Management, Hadja Lahbib Prime Minister Ilie Bolojan received today, at Victoria Palace, the European Commissioner for Equality, Preparedness and Crisis Management Hadja Lahbib. The discussions focused on cooperation between Romania and the European Commission in the...
The third edition of the international polo tournament will take place from 25 to 27 September at Singureni Manor Equestrian Retreat American actress and producer Kat Graham, Lady Amelia Spencer Mallett, Lady Eliza Spencer and model and digital creator Dina Sae, are among the international guests attending the third edition...
Cooperation between the Romanian Armed Force and the US National Guard, enhanced through new joint training projects On Tuesday, September 8th, the Chief of the Romanian Defence Staff, General Gheorghiță Vlad, met, at the Ministry of National Defence headquarters, with General Thomas M. Carden, the Deputy Chief of the National......
Innovative Medicines and Treatments Reduce Healthcare Costs in the Long Term The healthcare system represents critical infrastructure, where access to medicines and innovative treatments brings long-term benefits. Any investment in healthcare is an investment in human capital, as employees who come to work every day need to be healthy enough...
Pop culture fans can celebrate at a dedicated event, music takes over the city’s Floreasca district, and a 5.5 km table set in downtown Bucharest aims to raise funds for the country’s first pediatric psychiatry hospital. In Bucharest: East European Comic Con 2026 September 11 – September 13 The event celebrates pop and brings together […]
Wolf Theiss has advised DTEK Renewables International B.V. (DRI), a leading investor and operator in the renewable energy sector across Romania and the EU, on the refinancing of a EUR 50.6 million senior construction bridge facility for a 60 MW wind farm located in Ruginoasa, Iaşi County, Romania. Kommunalkredit Austria...
