The Energy Ministry launched on Monday the renewables Contracts for Difference (CfD) scheme, a financial instrument designed to stimulate the domestic production of green energy.Early this month, the European Commission approved a EUR 3 billion (RON 15.22 billion) Romanian scheme to support onshore wind and solar photovoltaic energy facilities, in order to foster the transition to a net-zero economy, as per the Green Deal Industrial Plan.According to Energy Minister Sebastian Burduja, the contracts for difference will contribute to the achievement of Romania's target of installing 10 GW of renewable energy by 2030, as set forth in the Integrated National Energy and Climate Change Plan.In order to fulfill its commitments for 2030, the government of Romania, through the Energy Ministry, implements a Contracts for Difference support scheme aimed at encouraging priority investments in the low emission power generation technologies needed by the Romanian energy sector, mentions an informative note for bidders for renewables CfDs published by the Energy Ministry.The objective of the CfD scheme is to support Romania in achieving its decarbonisation targets, while maintaining the security of its power supply. The duration of support through the CfD scheme will be of maximum 15 years from the date of payment.Contracts for Difference will be awarded to eligible producers through a competitive bidding process run by Transelectrica SA. The CfDs will be signed by the Romanian gas and electricity market operator (OPCOM) from Romania, as counterparty to the CfD contracts.
Bogdan Mircea Petre, one of the lawyers who represented far-right politician Călin Georgescu, is allegedly involved in a case of sexual assault after he was caught in the act during a meeting with a minor, according to Digi24. The “sting operation” was organized by Alex Costandachi, known in the public space as Justițiarul...
Roughly 8 out of 10 chief financial officers, or CFOs, from Romania’s largest companies say they now need constantly updated financial forecasts, unlike previous years when the focus was primarily on financial results, budgeting, and accounting, according to Inulta, a company specializing in Corporate and Enterprise Performance Management. The forecasts come to offer a degree […]
Romanian prosecutors have placed a precautionary seizure on the accounts and assets of the mercenary Horațiu Potra, in a case of tax evasion, embezzlement, and money laundering. The measure targets over RON 24 million, nearly 30 kilograms of gold, a property in Bucharest, and 11 properties and apartments in Sibiu. According to investigators cited by […]
The first sales figures from two of the largest European markets, France and Germany, both major markets for the Dacia brand, show that the debut of the carmaker's largest SUV, the Bigster, has been impressive. June data on car registrations in Germany show that the Dacia Bigster managed to sell 1,227 units in its second […]
After a 2024 marked by adaptation and consolidation, Romanian eCommerce entered 2025 with a more restrained dynamic. According to MerchantPro Compass, the biannual analysis conducted by MerchantPro, a SaaS eCommerce platform supporting over 2,000 active online stores—the first half of this year confirms a paradigm shift: it’s no longer about how much you sell, but […]
The TIFF Unlimited Caravan is hitting the road for the 16th consecutive year, bringing a diverse selection of Romanian and international films to audiences across the country. From July to September 2025, the traveling film series will stop in ten towns and cities, offering outdoor and indoor screenings of comedies, love stories, and family-friendly films. […]
