Energy Minister Sebastian Burduja said at Iron Gates I, that coal-fired power generation cannot be replaced by photovoltaic panels or wind power plants, but by gas production.According to Burduja, at the moment there are delays in the process of replacing the coal-fired power plants at Isalnita and Turceni, but it is important not to close the coal-fired groups without putting something in place."In the restructuring plan for the Oltenia Energy Complex (CEO), the approach was a gradual closure of the coal-fired groups and their transfer to the reserve (some of the groups go into reserve), yet to have the gas groups from Isalnita and Turceni, which mean 850 MW and 478 MW respectively. These gas groups have certain delays, and today we were on a working visit to Isalnita, where there is progress. We want to have the submission of offers, clarifications in the autumn, to hope that there will be no challenges but a contract award by the end of this year, which would allow us in 2027, with support from Transgaz, to have the gas group in Isalnita put into operation. At Turceni there are even longer delays at the moment. So there needs to be a correlation between the closure of coal-fired power plants and the commissioning of gas-fired power plants. Because that's what strip production means: you can't replace coal with photovoltaic panels or wind farms. They do not have the same production profile: one is continuous production, while the other is intermittent production."Burduja added that according to the deadlines pledged by Romania under its National Recovery and Resilience National Plan (PNRR) for decarbonisation legislation, and also in the restructuring plan from the Oltenia Energy Complex (CEO) and the plan to close the activity in Valea Jiului, 2032 is the last year of operation of CEO.
Romania’s National Company for Road Infrastructure Administration (CNAIR) has announced plans to equip highways A1, A2, and A3, as well as national road DN1 with surveillance cameras, with the investment valued at RON 220 million (EUR 44.2 million) excluding VAT. The cameras will allow authorities to penalize drivers who exceed speed limits and detect other […]
Accor, a global leader in hospitality, proudly announces the opening of Swissôtel Poiana Brașov, introducing the Swissôtel brand to Romania for the first time. Located in the heart of Poiana Brașov, Romania’s most popular ski resort, the hotel is surrounded by the lush landscapes of the Postăvarul Massif, making it an ideal escape for skiers, […]
Romanian MEP Siegfried Mureșan (EPP/PNL) has been appointed by the political groups of the European Parliament as the chief negotiator for the future Multiannual Financial Framework (MFF) of the European Union post-2027. Mureșan, who was chief negotiator for the EUR 800 billion European Recovery and Resilience Mechanism and the 2018 and 2024 EU annual budgets, […]
Romania is failing to capitalize on strong positive private consumption and investments because of rising imports, which weigh visibly on economic growth, ING Bank analysts wrote in a note as they lowered their 2024 growth forecast from 2.0% to 1.3% on Friday, September 6. The detailed economic...
Romanian prime minister Marcel Ciolacu had a meeting with Israeli counterpart Benjamin Netanyahu in Jerusalem on Thursday, September 5. During the meeting, Ciolacu highlighted the importance of peace in the Middle East. The Romanian and Israeli prime ministers discussed economic cooperation projects, focusing on the defense industry, tourism, and Romania's agri-food exports. "We have dynamic […]
Romania’s gross domestic product (GDP) increased by 0.8% in the second quarter of 2024 compared with the same quarter of last year, based on both unadjusted data series and seasonally adjusted data series, the National Statistics Office (INS) announced on Friday, September 6. For the first half of 2024, Romania’s GDP recorded an annual growth […]
