Final electricity consumption in the first two months of 2024 was 8.616 billion kWh, 1.7% higher than in the same period in 2023, while domestic production totaled 2.971 million toe, down 23,000 toe (-0.8%), according to data published on Monday by the National Institute of Statistics (INS).The final consumption of electricity in the economy increased by 3%, public lighting increased by 12%, and population consumption decreased by 2.6%.Between January 1 and February 29, 2024, primary energy resources increased by 1.5%, and electricity resources remained constant, compared to the same period last year. The main primary energy resources totaled 5.201 million tons of oil equivalent (toe), an increase of 78,400 toe compared to the period January 1 - February 28, 2023.Domestic production totaled 2.971 million toe, down 23,000 toe (-0.8%) compared to the period January 1 - February 28, 2023, and import was 2.230 million toe, up 101,400 toe (+4,8%).In this period, the electricity resources were 11.721 billion kWh, an increase of 3.7 million kWh compared to the period January 1 - February 28, 2023.Production from thermal power plants was 3.700 billion kWh, down by 108.9 million kWh (-2.9%). Production from hydropower plants was 2.959 billion kWh, down by 12.4 million kWh (-0.4%), and that from nuclear power plants was 1.980 billion kWh, up by 16.5 million kWh (+0.8%).The production from wind power plants, in the period January 1 - February 29, 2024, was 1.552 billion kWh, down by 277.4 million kWh compared to the period January 1 - February 28, 2023, and the solar energy produced in photovoltaic installations in this period was 245.6 million kWh, an increase of 78.8 million kWh compared to the period January 1 - February 28, 2023.The export of electricity was 2.050 billion kWh, down by 126.2 million kWh. Own technological consumption in networks and stations was 1.055 billion kWh, down by 18.1 million kWh.
Unilever has announced the appointment of Irina Urechean as the new General Manager of its Ice Cream Division for Romania and Moldova, effective January 2025. In her new role, Urechean will be responsible for driving the growth and development of the division, focusing on portfolio expansion, innovation, and market leadership. With a career at Unilever […]
Premier Energy Group (BVB: PE), a leading energy provider in Southeast Europe and a listed company on the Bucharest Stock Exchange reports strong growth across its operations in 2024, with preliminary figures showing normalized revenue of EUR 1,263 million, marking a 45% year-over-year increase, and normalized EBITDA of EUR 103 million, up 14% compared to […]
Cristian Măcelaru will conduct the opening concert of the anniversary edition of the George Enescu International Festival, one of the world’s most prestigious classical music events, taking place from August 24 to September 21. The Romanian conductor will lead the George Enescu Philharmonic Orchestra and Choir at the inaugural performance at Sala Palatului in Bucharest, […]
Bucharest's Știrbei Palace is set to become Romania's first high-end retail destination, with Hagag Development Europe announcing its reopening for the second half of 2025. The building on Calea Victoriei will host some of the world's most prestigious brands, the developer said. Fashion houses such as Dior, Saint Laurent, Celine, Valentino Garavani, and Hermes will […]
Interim president Ilie Bolojan said on social media that Romania is a committed and reliable ally, after US president Donald Trump halted all military aid to Ukraine on Tuesday, February 4. Trump’s decision comes after a series of meetings at the White House with top national security officials in the aftermath of the disastrous public […]
Guest writer Henry Páll Wulff shares an ample overview of the top challenges Romania is facing and the potential solutions that local policymakers should consider. A captivating read, this opinion article shows what Romania can learn from countries such as France, Germany, Denmark, Finland, Canada, Costa Rica, and Bhutan. As Romania embarks on a new […]
