Energy policy

The primary primary energy resources in the the first quarter of 2020 dropped by 2.4 percent compared to the same period of 2019, whereas the final electricity consumption decreased by 2.2 percent by comparison, the data published by the National Institute of Statistics (INS) on Tuesday showed.

Romania's primary energy resources decreased by 2%, in the first two months of 2020, while electricity resources were up 2.1%, y-o-y, according to data with the National Statistics Institute (INS) released on Monday. The main primary energy resources January 1 - February 29, 2020 totalled 5.746 million tonnes of oil equivalent (toe), down 120,000 toe from January 1 - February 28, 2019.

Bulgaria has agreed a 40% cut in the price of gas it imports under its long-term contract with Russia, its dominant gas supplier, Prime Minister Boyko Borissov said on Tuesday, Reuters reported.

Hellenic Petroleum on Monday announced the acquisition of a solar power park in Kozani with a power of 204 MW, the largest project of renewable energy sources in Greece and one of the top 5 photovoltaic farms in Europe.

The project is currently under development by German company juwi and it is expected to be put into operation by the end of 2021.

Turkey wants to cut industrial sector power bills by launching a project to produce energy savings and by using more efficient motors, the Turkish Industry and Technology Minister announced on Jan. 14

The Energy and Water Regulatory Commission has accepted the reduction in the price of natural gas supplied to Bulgaria by Russia as of the beginning of January, by 1.81 percent compared to the previous quarter of the year, BNR reported.

Government Approves Performance Report for 2014-2020 Energy Efficiency Plan.

The government approved today the annual implementation report for 2018 of the National Energy Efficiency Action Plan 2014-2020, which states that 6167 GWh of energy have been saved over four years.

As a result of the implementation of energy saving measures in all sectors of the economy, as well as the contribution of all debtors, 6,167 GWh of energy were saved in Bulgaria for the period 2014-2018. In doing so, the country has met 74.1% of its national energy savings target by 2020.

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.

Slovenia plans to expand the nuclear power plant it jointly owns with Croatia - but the risks and benefits of nuclear power, and whether Croatia will continue to cooperate, remain big questions.