The number of prosumers reached, in October 2023, 101,605, with an installed power of 1,298 MW, and by the end of the year it is estimated somewhere at 1.5 GW, which means that it will exceed the installed power of the two reactors at Cernavoda, the chairman of the National Energy Regulatory Authority, George Niculescu, declared in a press conference on Thursday."If in 2018 we had 601 prosumers, in 2019 we had 905. In 2020, the number increases to 2,257, in 2021 to 14,221, in 2022 to 40,812, and in October 2023 to 101,605, with an installed power of 1,298.94 MW. The phenomenon is evolving. We estimate that by the end of the year we will have 1.5 GW, from the data we will collect. That means we will surpass the two nuclear reactors from Cernavoda," said Niculescu.He emphasized that, at the beginning of the year, the installed power was 478 MW.Units 1 and 2 from Cernavoda each have an installed production capacity of 700 MW and provide approximately 20% of Romania's energy needs.
The union at the Automobile Dacia automobile factory in Mioveni expressed concern about the administration's proposal to reduce production, starting in January 2026. The production is reportedly planned to be reduced to 55 units per hour, from 65 units currently, according to the company's employees speaking for Europa FM, as reported by
Romanian prime minister Ilie Bolojan announced on November 21 that a decision will be taken in December regarding the minimum turnover tax (IMCA) applied to companies with a turnover of EUR 50 million or more, whose 16% profit tax falls below 1% of turnover, Economica.net...
Prime minister Ilie Bolojan, in a press conference on November 21, said that Romania took steps to protect the interests of state company Romgaz, which holds 12.2% in the Trident Black Sea offshore perimeter operated by Russia's Lukoil. He said that the authorities in Bucharest "collaborated" with the Office of Foreign Assets Control (OFAC) within […]
Kazakhstan's national oil and gas company, KazMunayGas, is set to partially divest its European assets, which include KMG International (KMGI, formerly Rompetrol Group) with Romania's largest refinery, Petromidia (4.8 million tonnes refining capacity), in its portfolio. KazMunayGas plans to sell up to 50% of its European holdings, according to
Romania's public debt increased by RON 30.3 billion (EUR 6 billion) in July after the new government of prime minister Ilie Bolojan returned to the international market following a period of absence due to the political turmoil caused by the presidential elections and the formation of a new ruling majority. Romania's public debt hit RON […]
The Romanian Environment Ministry has proposed new legislation that would make the illegal cutting of trees in urban green spaces a criminal offense punishable by prison. The move aims to close what officials describe as a legal loophole that has hindered environmental protection in cities. The draft emergency ordinance
