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
Film review – Gazing into the Past: Il Cinema Ritrovato & TIFF

June is the richest month. The most awaited two weeks in my annual festival pilgrimage. The route starts with Romania’s Transilvania International Film Festival (TIFF), followed by Italy’s (and the world’s) most comprehensive festival for restored and archival film: Il Cinema Ritrovato. To shake up the traditional article on the two, I’ll start with the […]

Different Beauty: Portraits from Donbas in David Těšínský’s Bucharest exhibition

Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]

Different Beauty: Images from Donbas in David Těšínský’s Bucharest exhibition

Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]

Most Romanians do not trust AI without human intervention, survey shows

Roughly 70% of Romanians are “very” or “moderately” concerned about how AI accesses and uses their data, according to the latest survey conducted by RoCoach in partnership with Novel Research between May and June 2025.  Distrust in automated decision-making and the demand for regulation are becoming more pronounced, as Romania rolls out major digitalization projects […]

Armenian Street Festival to take place at Bucharest’s Botanical Garden in August

The Armenian Street Festival returns for a 9th edition between August 1 and 3, 2025, in the “Dimitrie Brândză” Botanical Garden in Bucharest. The festival brings into focus the living heritage of the Armenian community in Romania and the diaspora. According to the organizers, this year’s edition aims to strengthen the Bucharest–Chișinău–Yerevan cultural axis, articulated […]

M&A market in Romania registered transactions worth EUR 2.7 bln in first half of 2025

The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]