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.
The Metropolitan Library of Bucharest, through its Dimitrie Cantemir Branch, announced a cultural premiere for Romania: the opening of the first corner dedicated to Nepali literature. The official opening is scheduled for February 1. "This is an important moment that reminds us that libraries are spaces for learning and for understanding cultural exchanges. Through this […]
Simtel Team, a Romanian engineering and technology group listed on the Main Market of the Bucharest Stock Exchange under the ticker SMTL, announced the opening of a new subsidiary in Essen, Germany. The company, one of the leaders in renewable energy in Romania, has been expanding internationally in recent years. The process began with the […]
A Greenpeace activist flew a powered paraglider near the Transocean Barents platform in Constanța on Wednesday, January 15, displaying a banner reading 'Stop Fossil Gas' in protest of OMV Petrom's Neptun Deep gas drilling project in the Black Sea. The platform, set to become Europe's largest fossil gas extraction site, is undergoing final preparations before […]
Romania has dropped ten positions in the 2025 ranking conducted by the defense-focused publication Global Firepower, which compiles a list of the world's most powerful armies based on various indicators every year. In 2024, Romania was ranked 41st in the list of 145 countries, while now it is ranked 51st, with a power ranking of […]
The 19th Gopo Awards Gala, celebrating the achievements of Romanian cinema, will take place on April 29 in Bucharest, according to an announcement by the Romanian Film Promotion Association. A total of 38 feature films, including fiction and documentaries released in 2024, have met the eligibility criteria and are now in the running for nominations. […]
NXP Semiconductors N.V. secured a EUR 1 billion loan from the European Investment Bank (EIB) for the company’s research, development, and innovation (RDI) projects in Austria, France, Germany, The Netherlands, and Romania. The financing will support NXP’s RDI projects aimed at various end markets including automotive, Industrial, and Internet of Things (IoT) for the period […]
