Electrocentrale Bucuresti (ELCEN) signed on Tuesday a Memorandum of Understanding (MoU) with Sage Geosystens Incorporated, a US company that develops geothermal energy exploitation and storage technologies, in order to carry out a feasibility study on the implementation of geothermal resource utilization technologies within the centralized heating system in Bucharest.The Memorandum of Understanding was signed by the general director of ELCEN, Claudiu Cretu, in the presence of the secretary for Energy of the United States of America, Jennifer Granholm, and the minister of Energy, Sebastian Burduja, on the sidelines of the P-TECC Ministerial Business Forum Business - Transatlantic Partnership for Energy and Climate Cooperation), event organized by the Ministry of Energy in partnership with the US Department of Energy on July 23-24 in Bucharest.According to a press release sent to AGERPRES, through this MoU, ELCEN will facilitate access to relevant data and the necessary infrastructure in order to carry out the feasibility study and will contribute with technical expertise and operational knowledge specific to the centralized heating system at the level of the Municipality of Bucharest. Sage Geosystems will carry out the technical and geological analysis and the feasibility study regarding the geothermal energy use solution.The benefits of this collaboration are aimed at ensuring sustainability, innovation and efficient economic solutions regarding the future of centralized heating in the Bucharest City. This approach is in full accordance with the national and European objectives regarding the transition to sustainable energy.According to the source, for ELCEN the long-term stake is the integration of renewable technologies in the process of producing electricity and thermal energy. The exploration of the integration potential of geothermal energy comes in the context of the existence of geothermal resources on almost the entire surface of Bucharest, especially in its northern part. Geothermal energy is already successfully used for this purpose in the western area of Romania.
North Bucharest Investments anticipates a surge in international interest in the local real estate market following the launch of the Romanian Golden Visa program — a modern mechanism granting foreign investors a 5-year residence permit and the possibility to later apply for Romanian citizenship. The program, which allows eligible investments starting from €400,000 in real […]
Between October 21-25, Bucharest hosts the Climate Change Summit, the most important event in Central and Eastern Europe dedicated to climate action. The main event will take place on October 21 at the Palace of Parliament, featuring the participation of international leaders, decision-makers, and sustainability experts. CCS Week includes...
The works of several Romanian designers and artists will be on display at the Hôtel de Béhague in Paris, the headquarters of the Romanian Embassy, as part of the exhibition Valuable. The Romanian artists and designers included in the exhibition are Radu Abraham, Mircea Cantor, Bogdan Ciocodeică, Constantin Flondor, Cosmin Florea, Nona Inescu, Șerban Ionescu, […]
SCUT, Romania’s newest cybersecurity company, has officially launched the concept of the digital cyber shield — a unified approach, co-created with Orange Cyberdefense — that provides a high level of protection, complete visibility, and coordinated assistance in the event of a cyberattack. The event, organized in Bucharest, brought together industry experts, partners of the new […]
The Romanian engineering and technology company Simtel (BVB: SMTL) announced on Tuesday, October 14, that one of its companies will open a factory in Băicoi, Prahova, to produce industrial cleaning robots. Simtel has a 51% stake in Agora Robotics, the company that will operate the factory set to open in November. “We already have a […]
Over 50 civic and environmental organizations are calling on the General Council of the Municipality of Bucharest to increase fines for illegal deforestation. At the moment, the fine for the illegal cutting of a tree is only RON 50 (EUR 10), or even RON 25 (EUR 5) if paid within 15 days. The organizations have […]
