Wind and solar energy cannot be used at full capacity without a smart electricity transmission and distribution infrastructure, which will lead to low profitability and a higher price for consumers, said Corneliu Bodea, president of the Romanian Energy Center (CRE) and CEO of Adrem, within the "New technologies in energy" project. "A sound policy for the development of a country's energy infrastructure should be approached in an integrated, predictable and coherent manner, with clear, time-appropriate, achievable and relevant objectives. Moreover, the holistic approach should be competent and legislatively aligned in all primary or secondary regulations. Unfortunately, the National Energy Strategy and the Integrated National Energy and Climate Plan cannot be said "to be guilty" of such an approach. I believe that an urgent review of all specific legislation, in the sense of building a new coherent package from scratch, should be the first priority. The extended patchwork and differentiated approaches between the relevant institutions have brought Romania to a place where the lack of a unitary and clear policy will turn into a reduced appetite for investments for major projects," says Bodea."In Romania, I have the courage to declare that the level of network intelligence is on one of the last places in the EU, maybe even on the last. This reality will delay and render inefficient the adoption of renewable technology when we talk about targets above 30 percent in such generation technologies and will make the target of over 50 percent that we have in front of us impossible. I believe that we have time to recover, provided that the efforts of the experts and the will of the politicians are available," added the CRE president.The future is digital and electric, and the lack of a consistent vision that keeps up with the times can place us against the current, with enormous costs for the industry, household consumers and the environment, Bodea also said.
Romania’s acting minister of defence, Radu Miruță, has asked Parliament to grant prior approval for the signing of a framework agreement with Lockheed Martin for the training of F-16 flight personnel at the European F-16 Training Center (EFTC) hosted in Romania,
Former Social Democrat (PSD) transport minister Răzvan Cuc was detained by prosecutors from the National Anticorruption Directorate (DNA) on suspicion of complicity in bribery, the DNA announced on Tuesday, December 16. Cuc, a member of the Social Democratic Party who served as minister of transport in the governments led by Sorin Grindeanu (currently the leader […]
Regions across Romania will receive a financing boost as a result of a EUR 25 million loan that CEC Bank is receiving from the European Investment Bank (EIB). CEC Bank will channel the EIB credit into public-sector projects that promote sustainable economic development, particularly in Romanian regions where the shift to a greener industry is […]
Local authorities in Buzău aim to convert the nearby military airbase Boboc, 117 km northeast of Bucharest, into a secondary airport with dual military and civil use. The final decision will be based on Romania's security interests and requires multiple permits, the Ministry of Defence said, according to Adevarul.ro. ...
Romanians purchased RON 1.49 billion (nearly EUR 300 million) under the last Fidelis issue this year, organised by the Treasury in December, with over two-thirds of the money being placed in euro-denominated debt and more than one-third of the total being placed in long-term 10-year euro-denominated debt with a 6.2% coupon attached, according to data […]
Environment minister Diana Buzoianu announced that the ministry she leads has launched the procedures for a feasibility study aimed at planting 380 hectares of forest shelterbelts in southern Romania, a region increasingly affected by desertification. According to the announcement, the project would result in more than 126 kilometers of tree lines planted along national roads. […]
