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Romania Plans to Drop Cogeneration Tax on Electricity Exports

Romania Plans to Drop Cogeneration Tax on Electricity Exports

The department of energy has published on Monday draft bill that aims to scrap the cogeneration tax for electricity exporters, in a move designed to turn Romania into a major electricity supplier in central and south-eastern Europe.

Greece: The Cost of Electricity May Increase for Low Household Consumption

Greece: The Cost of Electricity May Increase for Low Household Consumption

The cost of electricity, in Greece, may increase for low household consumption (of up to 800 kilowatt-hours per four months) and decline for low- and medium-voltage commercial consumers through the termination of so-called cross-subsidies, demanded by the country’s creditors through the revised bailout agreement.

Nuclear Security Summit

Nuclear Security Summit

The third Nuclear Security Summit (NSS) will take place in The Hague, The Netherlands on 24-25 March 2014. It will bring together 53 countries and four international organisations at Heads of State and Government level.

Romania Overshoots Target for Renewable Energy

Romania Overshoots Target for Renewable Energy

The share of electricity produced through renewable sources reached a level of 41 percent in 2013, overshooting the target of 38 pct assumed by Romania for 2020, according to a document from the Department of Energy quoted by Agerpres.

ΙΕΝΕ’s 1st Energy and Geopolitics Roundtable» in Sofia Widely Attended – Highlighted Current Energy Linked Geopolitical Issues

ΙΕΝΕ’s 1st Energy and Geopolitics Roundtable» in Sofia Widely Attended – Highlighted Current Energy Linked Geopolitical Issues

High-ranking government officials, diplomats, representatives from international and regional organisations, senior business executives and energy experts from Greece and Bulgaria but also from other countries in the region attendedIENE’s "1stEnergy and Geopolitics Roundtable” which was held in Sofia, Bulgaria, on March 19, 2014.

Increased Sales for Terna Energy in 2013

Increased Sales for Terna Energy in 2013

According to the financial statements of 31/12/2013, which were prepared in accordance with the International Financial Reporting Standards, the 2013 annual results of TERNA ENERGY are as follows:

Erste Sees Ukraine Woes Likely Dooming Plans for Adriatic Gas Corridor

Erste Sees Ukraine Woes Likely Dooming Plans for Adriatic Gas Corridor

The political tensions in Ukraine will most likely disrupt its joint plans with Croatia and Hungary to link up their pipelines to create a gas corridor that will connect to the planned Trans Adriatic Pipeline (TAP), an oil and gas sector analyst at Erste Investment said.

Romania to Increase Natural Gas Prices on April First

Romania to Increase Natural Gas Prices on April First

Nicolae Havrilet, head of the country’s energy watchdog ANRE said Thursday that natural gas price will hike by 2 percent for household consumers and by 5 percent for industrial consumers on the regulated market, as of April 1, adding that electric power price will not increase.

Nanotechnology Could Turn Shrubbery Into Supercharged Energy Producers

Nanotechnology Could Turn Shrubbery Into Supercharged Energy Producers

Plants have many valuable functions: They provide food and fuel, release the oxygen that we breathe, and add beauty to our surroundings. Now, a team of MIT researchers wants to make plants even more useful by augmenting them with nanomaterials that could enhance their energy production and give them completely new functions, such as monitoring environmental pollutants.

Greece: EIB Support for Improved Electricity Network

Greece: EIB Support for Improved Electricity Network

The European Investment Bank (EIB) supports the improvement of the electricity network in Greece with a EUR 235 million loan to the Greek Public Power Corporation S.A. (PPC). The multi-investment programme covering the period 2013-15 aims at renovating and reinforcing the electricity distribution network, as well as extending it to enable some 186 000 new connections throughout peninsular and insular Greece.