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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.
Romania’s Sheep Industry, Slaughterhouses and Dairy Processors Firmly Reject Mass Vaccination of Animals Industry leaders warn that unless the proposal is abandoned, Romania’s slaughterhouse sector could collapse and sheep’s milk will have to be imported. Romania risks losing billions of euros and devastating two key industries—slaughterhouses and dairy processing—if, instead......
BEACH, PLEASE! 2026 Keeps the Momentum Going: Day 1 Delivers Spectacular Performances and an Electrifying Atmosphere That Lasted Late into the Night Following the official opening of the NIBIRU resort and a spectacular start to its anniversary edition, Beach, Please! 2026 continued with an unforgettable first festival day marked by...
The Agroland Group (BVB: AG), which operates in the retail, agribusiness, food production, and animal nutrition sectors, reported solid operating results in the second quarter of 2026. The evolution was driven by accelerated growth in the egg production segment, the expansion of the Agribusiness division’s production capacity, and the positive performance of its retail network. […]
Romania’s population will reach 15.633 million people in 2080, compared with 19.043 million on January 1, 2025, according to the latest projections made by the National Institute of Statistics (INS), published on Friday on the occasion of World Population Day. The country’s resident population will therefore decrease by 3.41 million people, or -17.9%, by 2080. […]
Pepco Group N.V. – Third Quarter FY26 Trading Update On 3 June 2026, the Group announced that it had agreed the sale of its Dealz Poland business, completing its strategic exit from fast-moving consumer goods (FMCG) retail and creating a pure-play Pepco business. Accordingly, the highlights below focus on the Group......