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.
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
