Final electricity consumption in Romania in the first 11 months of 2024 was 46.029 billion kWh, 1.8% higher than in the period January 1 - November 30, 2023, with the final commercial electricity consumption increasing by 1.5%, household consumption by 3.2%, while public lighting decreased by 4.7%, according to data published on Thursday by the National Institute of Statistics (INS).Primary energy sources decreased by 0.4% in the first 11 months of 2024, and electricity sources increased by 0.2%, y-o-y. Thus, the main primary energy sources totalled 29.777 million tonnes of oil equivalent (toe), down129,900 toe y-o-y.Domestic production amounted to 15.477 million toe, down 765,300 toe (-4.7%) as against January 1 - November 30, 2023, and imports amounted to 14.299 million toe, up 635,400 toe (+4.7%).Electricity sources amounted to 60.242 billion kWh, up118.9 million kWh y-o-y.Thermal power plants generated 15.728 billion kWh, down 248.7 million kWh (-1.6%).Hydropower plants generated 13.410 billion kWh, down 3.739 billion kWh (-21.8%), and nuclear power plants produced 9.892 billion kWh, down 284.5 million kWh (-2.8%).Between January 1 and November 30, 2024, wind power plants generated 5.613 billion kWh, down 1.318 billion kWh y-o-y, and the solar energy produced in photovoltaic installations was 3.369 billion kWh, up 1.224 billion kWh y-o-y.Electricity exports amounted to 9.860 billion kWh, down 566.4 million kWh.Technological self-consumption in networks and stations was 4.353 billion kWh, down 136.1 million kWh.
The Bucharest Stock Exchange’s flagship index – BET – closed the trading session on Wednesday, May 28, at its highest level since September 5, 2024 (17,932 points). During the day, the BET briefly went over 18,000 points. The BET has gained 7% after the second round of the presidential elections, on May 18, as Nicusor […]
The shares of Romanian energy group Electrica (BVB: EL) went up 4.5% on Wednesday, May 28, after the company reported a 53% increase in net profit in the first quarter of this year (Q1 2025) compared with the same period of last year. Electrica’s consolidated net profit reached RON 195.7...
The Bucharest Stock Exchange (BVB) invites visionary Romanian businesses to showcase their innovation and growth by joining the prestigious BVB Arena 2025 program. Since its inception in 2017 (formerly known as "Made in Romania"), BVB Arena has spotlighted outstanding entrepreneurial achievements across Romania. Companies have until May 31, 2025, to submit their nominations and step […]
Romania and the United States are moving forward with plans to jointly produce NATO-standard ammunition, following the signing of Letters of Request (LOR) by Romanian economy minister Bogdan Ivan on Wednesday, May 28. The LORs, submitted for future Letters of Offer and Acceptance, aim to lay the groundwork for co-producing tank and artillery ammunition, including […]
Parents in Bucharest are concerned about three main problems far ahead of others: traffic congestion (37%), air quality (31%), and street safety (15%), according to the study “Bucharest, City of Parents,” presented on Tuesday, May 27. The study, conducted by residential and mixed-use developer HILS Development and Reveal Marketing Research, was launched during a debate […]
Dozens of searches took place in Bucharest, Argeș, and Ilfov counties on Wednesday, May 28, targeting members of a group that allegedly forced Romanian citizens to beg in the United States. The group, which has been prosecuted for human trafficking in the past, allegedly forced people to beg or commit crimes in the United States. The […]
