Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Level of investments in development of energy distribution...

Level of investments in development of energy distribution network must triple in order to reach targets in 2030

November 30, 2023

The investments made by the distribution operators in the development of the network amounted to 13.5 billion RON in the last 6 years, but in order to reach the targets that Romania has for 2030, a tripling of them is needed in a minimum mandatory scenario, the executive director of the Federation of Associations of Energy Utility Companies (ACUE), Daniela Daraban, said during The Sustainability Challenge 2023 conference, on Thursday.In her opinion, for this transition to be sustainable, a larger part should come from grants, because otherwise "everything goes into the distribution tariffs".Regarding energy, she specified that the coming generations want "a different way of setting up society, a different type of production, a different type of consumption"."I think we have to be seriously concerned with what those for whom we decide today want. So, I accept the energy transition without so much discussion and waste of time if it is good or not. I think it is good, it is progress, it is an evolution. Now, of course, we have to see how we can do it better. (...) I would like to see a much better alignment between what is envisaged by the regulations made available by ANRE (Authority National Regulation in Energy - ed.n), with what is legislated in the Parliament and what we have at the European level and transposed by the Government. This will be critical for the development of the networks. Time is very, very short, at least in the basic 2030 scenario," said the head of ACUE.

Read in full - click here
The Bucharest Stock Exchange celebrated 30 years since its reestablishment with a series of anniversary events

On November 20th, 2025, the Bucharest Stock Exchange (BVB) celebrated 30 years since its reopening, organizing a series of anniversary events along with various representatives of the Romanian capital market. Three decades ago, the first transactions took place on the BVB, and the Romanian investment landscape as we know it today began to take shape.  […]

Christmas Joy with the New Boromir Infused Cozonac with Pistachio

With the holidays just around the corner, we’ve created the new Collection of Boromir Infused Cozonac with natural vanilla syrup and pistachio. Unique, slightly moist, and richly filled, our latest assortments of Boromir Infused Cozonac make every festive moment with your loved ones even more special. Each bite melts in your mouth, bringing warmth, comfort, […]

Romanian airline AnimaWings announces new holiday routes from Timișoara

Romanian airline AnimaWings announced on Friday, November 21, that starting in 2026, it will operate five new air routes from Timișoara International Airport, serving holiday destinations in Italy and Greece. The new connections include Athens (ATH), Olbia – Sardinia (OLB), Kefalonia (EFL), Thessaloniki (SKG), and Kavala (KVA).  “We want Timișoara to become a reference point […]

Romania establishes October 29 as Queen Marie Day

President Nicușor Dan promulgated a law establishing October 29 as Queen Marie Day, following the bill’s adoption by the Chamber of Deputies on October 28, news agency Agerpres reported. The new law designates the date as a day dedicated to commemorating the life and historical contribution of Queen Marie of Romania. On October 29, public […]

Romanian authorities place extradited mercenary Horaţiu Potra under 30-day preventive arrest

Horaţiu Potra, the mercenary leader with alleged ties to Russia who previously fled Romania, was placed under preventive arrest for 30 days after his extradition from Dubai. He is investigated for attempted actions against the constitutional order, violation of the regime of weapons and ammunition, and violation of the regime of explosive materials. The same preventive […]

President Nicușor Dan, PM Ilie Bolojan lead political trust survey among Bucharest residents

Nicușor Dan is the political figure in whom Bucharest residents have the most trust, according to a survey by INSCOP Research. The former mayor, now head of state, is followed by prime minister Ilie Bolojan. More precisely, 44.2% of the total sample state that they have quite a lot or very much trust in Nicușor […]