Romania has temporarily reduced the excise duty on standard diesel by 20% following a sharp rise in international diesel quotations and domestic pump prices. The lower tax rate…
Browsing: Romania
Romania’s electricity market moved towards a stronger domestic supply position during the first half of 2026, as consumption declined while generation increased, supported by substantial gains in…
Renewable developer Econergy has secured a major financing package for the Parau 2 project in Romania, combining 342 MW of solar capacity with a 150 MW/300 MWh battery energy storage system. The European…
Southeast Europe entered the weekend facing one of its most significant power-sector disruptions of the summer after both reactors at Romania’s Cernavodă nuclear power plant were…
Romania and Bulgaria are developing a major grid-modernisation project designed for the electricity system they are rapidly creating rather than the one they inherited. CARMEN—Romanian and…
Romania is moving ahead with one of Southeast Europe’s most important nuclear investments: the refurbishment of Unit 1 at the Cernavodă nuclear power plant. In July…
Romania’s power price curve provides a clear warning against valuing generation or supply contracts against a single daily reference price. The country is increasingly experiencing extreme…
Econergy Renewable Energy has started commercial operations at the 59 MW Iancu Jianu solar plant in Romania, adding another operational asset to the country’s rapidly expanding…
Romania’s 1.2 GW Dama Solar project has received its final regulatory authorization, allowing developer Rezolv Energy to move into the financing, procurement and construction phase of…
Romania’s battery storage market is moving beyond pilot projects and grant announcements into a new infrastructure-financing phase. A planned 127 MW/254 MWh standalone battery storage system…
