Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Utility companies: Not having strategy regarding biomethane is...

Utility companies: Not having strategy regarding biomethane is lack of vision

August 21, 2024

Romania should move in terms of green gas production, because it has potential, but currently there is no strategy regarding biomethane, according to the representatives of the Federation of Associations of Energy Utility Companies."We have 60,000 km of gas distribution network and potentially new production capacities, plus biomethane production potential, which is an easy decarbonization tool, using the existing infrastructure, without the separate investments, i.e. infrastructure investments. We should be unskilled, in the happiest way to say it, so that we don't exploit this matter. Not having any strategy as a country that still wants to be the biggest gas producer in the EU and not having a strategy how to maximize your infrastructure benefits, I think it is a great example of a lack of vision", said Daniela Daraban, the executive director of the Federation of Energy Utility Companies Associations (ACUE), at a meeting with the press on Monday.According to the data presented by the gas sector operators, based on the estimates of the European Biogas Association and the European Commission, Romania should rank 6th compared to the EU-27 in terms of biomethane production potential until 2030 (2 billion cubic meters - bcm - annually) and in 7th place compared to EU-27 until 2050 (8 bcm/year).Although there is discussion about giving up methane gas until 2050, for now it is considered a transition fuel, and Romania can be considered privileged from this point of view, because it will have the Neptun Deep project. However, there is potential for replacement with renewable resources, such as biomethane and green hydrogen, and Romania should move from this point of view, say ACUE representatives.As far as green hydrogen is concerned, things have stagnated, including at the EU level, as there are still gaps in regulation and commercial aspects, they emphasize.The Romanian Energy Strategy Project 2025 - 2035, with the 2050 outlook, emphasizes that, given that biomethane and natural well gas have the same chemical composition, biomethane can be used in the existing networks and facilities, without the need for specific adaptation theirs.

Read in full - click here
Saint Nicholas Day marks the start of the holiday season in Romania

Romanians celebrate Saint Nicholas (Sfântul Nicolae) on December 6, a tradition that has grown far beyond its religious roots and signals the official start of the holiday season. The day is especially beloved by children, who eagerly prepare their freshly polished boots in hopes of finding small gifts in the morning. Many Romanians also celebrate […]

Voices of Romania: New episode with Serge Ioan Celibidache, director of The Yellow Tie, is now live

The newest episode of Voices of Romania, Romania Insider’s interview series, is now available on Spotify, YouTube, Apple Podcasts, Deezer, and all...

ASFAT, a producer of military vessels and defence systems, completes Türkiye’s first international sale of a combat ship built in the country to a NATO and EU member state

ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]

Romania reportedly clears 316 MW of wind power capacities under third CfD auction

Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net.  The third auction was organised because of insufficient projects approved under...

Fitch affirms Romania's CEC Bank at BB with stable outlook

Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]

Listing of Bucharest Airports Company at the Stock Exchange hindered by state's opposition

Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds […]