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Romanian authorities are beginning consultations with major industrial enterprises to reduce the strain on the power grid amid the declared energy alert. On August 3, the Ministry of Energy will hold an online meeting with the largest electricity consumers, during which it will ask them to voluntarily shift some of their energy-intensive production to hours of lower demand.
Solar-powered parking lots are popping up all over Europe, but not all countries consider them a profitable investment.
Romanian Foreign Minister Oana Țoiu announced plans to import electricity from Ukraine due to a record-breaking drought, after Bucharest declared a state of emergency in the energy market and shut down one reactor at a nuclear power plant.
On Sunday, Hungarian Prime Minister Péter Magyar announced the closure of the country’s only nuclear power plant after record-low water levels in the Danube forced it to shut down for the first time in 44 years.
Energocom S.A. warned that Romanian authorities have declared a 30-day state of emergency amid a decline in electricity production caused by low water levels in the Danube.
The government will provide support to the public during the cold season and will reimburse part of the expenses associated with rising gas prices. This was announced by Parliament Speaker Igor Grosu.
Within 12 months, Premier Energy Distribution and RED-Nord must fully transition to smart electricity meters.
Investor interest in the development of wind energy in Moldova is very high. The second auction, organized by the Ministry of Energy, attracted bids that exceeded the announced capacity by more than two and a half times.
Russia has begun importing gasoline by sea from Morocco due to a domestic fuel shortage. An oil tanker delivered about 30,000 metric tons of AI-92 gasoline, industry sources told Reuters.
In July, Italy became Europe’s largest buyer of liquefied natural gas (LNG). While many EU countries are cutting back on purchases due to high prices, Rome is banking on building up large reserves ahead of winter.
The entity responsible for supplying natural gas to the left bank of the Dniester will be required to build up mandatory fuel reserves in time for the upcoming heating season. Previously, the National Energy Regulatory Agency (NARE) extended the status of MoldovaGas JSC as the organization responsible for supplying natural gas to the left bank until December 31, 2026.
Starting August 1, Russia will impose a ban on the export of gasoline, diesel fuel, and a number of other petroleum products, stepping up measures to ensure the domestic market is adequately supplied following supply disruptions in Russian regions. The restrictions will remain in effect until January 31, 2027.
In a press release issued today, the Romanian company Transelectrica announced that, following a technical assessment conducted this morning, experts from the National Energy Dispatch Center decided to keep Power Unit No. 2 at the Cernavodă Nuclear Power Plant in operation for the time being, the shutdown of which had been announced yesterday.
Moldova’s promised energy transformation has not yet brought relief to consumers. Not only has it failed to reduce the burden, but it has also raised new questions: how are rates set, how effectively is money being spent, and why do citizens always bear the cost of reforms? A meeting of the parliamentary committee on the economy, budget, and finance, convened to review the National Energy Regulatory Agency’s (ANRE) report on its work over the past year, clearly demonstrated the deep divide between the official rhetoric of energy independence and the economic reality that the opposition is trying to expose.
Romania has suspended operations at one reactor at the nuclear power plant in Cernavodă due to low water levels in the Danube caused by dry weather.
The government has decided to maintain the mechanism for regulating diesel fuel prices but to temporarily adjust the pricing formula to encourage fuel imports. Prime Minister Vasile Tofan announced the measures at a press conference on the situation in the diesel fuel market.
Parliament Speaker Igor Grosu stated that part of the gas rate increase could be mitigated by reducing Moldovagaz’s administrative expenses. A bill has been introduced that is intended to encourage the company to optimize its structure and expenses. In any case, according to the speaker, the government will continue to provide compensation during the cold season.
The Moldovan government is initiating a state of heightened readiness in the energy sector amid the risk of disruptions in fuel supplies, particularly diesel. The decision was approved at a meeting convened by Prime Minister Vasile Tofan, who warned that the convergence of several regional crises could negatively impact the domestic market in the midst of the agricultural season.
Prime Minister Vasile Tofan announced that he will convene a cabinet meeting on Tuesday morning to address the situation in the energy sector, amid problems with the supply of diesel fuel and another rise in fuel prices.
Over the course of the week, Energocom JSC held nine auctions to procure natural gas for the upcoming gas year, specifically for the period from October 1, 2026, to September 30, 2027.
