Energy economics

ForMin Manescu: Romania can become largest gas producer in Europe, which gives it security, independence

Bucharest, Oct 16 /Agerpres/ - Romania can become the largest gas producer in the European Union, which gives it security and independence, but also positions it as an important negotiation partner at European and global level, the Romanian Foreign Affairs Minister, Ramona Manescu, said on Wednesday, at the third edition of the Aspen Energy Summit 2019.

Prices of Russian Gas for Bulgaria - 2 Times Higher than the Stock Exchange in Austria

Currently, the prices at which Bulgaria buys gas under its long-term contract with Russia's Gazprom are twice as high as those on the Austrian stock exchange. This was announced by the chairman of the Balkan and Black Sea Petroleum Association Valentin Kanev, BNR reported.

Industrial production prices up 3.3pct year-on-year, in August 2019

Romania's industrial production prices overall (domestic market and foreign market) were down 0.3 percent in August 2019 compared to July 2019, but they increased by 3.3 percent against August 2018, showed the data published on Wednesday by the National Institute of Statistics (INS).

There Will be no Change in the Price of Electricity and Steam Until the New Year

The approved price for the fourth quarter is BGN 44.85 per MWh.

The new heating season will start without changes in the prices of steam, hot water and electricity. They remain unchanged, despite a 0.11% decrease in the price of natural gas for the fourth quarter of 2019, the Energy and Water Regulatory Commission (EWRC) reported.

Good days of energy security have gone: Op-ed

The easy and secure days are over in global energy security. We are entering a new era due to a number of game-changing energy dynamics including the rise of renewables and unconventionals, climate change awareness, insecurity of strategic maritime chokepoints and, more importantly, serious geopolitical flare-ups around the world.

Empowerment of Consumers Drives Changes in Energy Markets

Dr. Nevenka Hrovatin, Professor of Economics at University of Ljubljana's Faculty of Economics, reveals the main challenges in energy markets and highlights the best practices from both Slovenia and the region while emphasizing that Slovenia should increase its ambition in the heating and cooling sector.