Romanian president Klaus Iohannis promulgated on Tuesday, November 5, the law that allows the local referendum of Bucharest to be held on the same day as the first round of the presidential elections,
Romania will gradually shut down its entire 4.59GW coal-fired power plants by the end of 2032 under a frontload schedule, according to the recovery and resilience plan (PNRR) sealed with the European Commission. Romania has become the 19th European country to formalise plans to exit coal, announced Europe Beyond Coal (EBC) - an alliance of civil society groups working to catalyse the closures of coal mines and power plants. "With only 810 MW of coal planned to remain in the system between 2026 and 2032, we're confident that Romania will very quickly discover the massive benefits a clean, renewable energy-based economy brings with it and will redouble its effort to exit coal this decade," the alliance's statement reads. EBC uses the opportunity to recommend countries like Poland, Czech Republic and Germany to follow the example and phase out hard coal and lignite power generation. Nevertheless, giving up the coal is far from being smooth and straightforward or a done deal in Romania. The sharp rise in electricity prices faced by Romania this year is partly due to scarce generation capacities (conventional or renewable), and the commitments put even more pressure on the deficit hence prices. Most of the capacity (3.78GW) will be closed by the end of 2023, according to the data included in the PNRR, quoted by Economica.net. Under the schedule, Romania pledged to shut down units with a total capacity of nearly 1.70GW this year. The capacity left in place after the end of 2025 (0.8GW) is the equivalent of three large groups of Oltenia Energy Complex (probably the entire Rovinari power plant), which, according to sources consulted by Economica.net, will be maintained as a strategic reserve at the disposal of the national energy dispatch. To substitute the coal-fired plants, Romania will invest in new gas-fired power plants with a capacity of 1.3GW by the end of 2025. The new renewable capacities will reach at least 3GW by mid-2026, out of which 2GW is to be completed by the end-2025, according to the PNRR. Currently, Romania has a total installed capacity of 3GW in wind farms and almost 1.4GW in solar power plants. Under a schedule sketched by 2030, the country plans to add 6.9 GW of new renewable energy capacity before 2030. More than 3.7 GW of that capacity is projected to be solar projects.
Romanian president Klaus Iohannis promulgated on Tuesday, November 5, the law that allows the local referendum of Bucharest to be held on the same day as the first round of the presidential elections,
The European Film Academy revealed the nominees for the main categories of the European Film Awards 2024, and Anul Nou Care N-a Fost/The New Year That Never Came, the first fiction feature written and directed by Bogdan Mureşanu, is on the list. The Romanian production is one of the six running in the European Discovery 2024 – […]
City Grill Group, one of the strongest players in Romania's HoReCa industry, announces the integration of the Paradisul Verde event complex in Corbeanca – a key venue in the premium event organization segment – into its portfolio. The venue, which will operate under the name Zooma starting in January, marks City Grill Group’s consolidation as […]
Black Friday is just days away, bringing major discounts from Vegis.ro, Complice.ro, Niavis, and Workspace Studio. Shoppers can look forward to sustainable ergonomic chairs from Workspace Studio, unique gift experiences on Complice.ro, and natural health products from Niavis and Vegis.ro. Vegis.ro: Natural Black Friday. Discounts up to 70% on organic and natural products Vegis.ro, the […]
Romania's prime minister Marcel Ciolacu visited France on Monday, November 4, to highlight the importance of the partnership between the two countries. Ciolacu visited Euronaval, the world's main naval defense exhibition, met with representatives of the Romanian community in France, and had talks with French counterpart Michel Barnier. The Romanian government delegation also included deputy […]
The fifth edition of the Romanian Film Festival in Washington DC will take place between November 7-10 at Landmark's E Street Cinema. This year's event is dedicated to celebrating 20 years since Romania's accession to NATO and is part of an extensive public diplomacy program organized by the Romanian Embassy in the US to mark […]