Transelectrica’s Iaz Electrical Substation Refurbishment Completed
Energy Industry Review Magazine
by Energy Industry Review
1d ago
Transelectrica has completed the refurbishment of the 220/110 kV Iaz Electrical Substation (Caraș-Severin County), with an investment of about RON 62 million, from its own funds. The works, carried out over 46 months by the Siemens Energy – Electrogrup joint venture, involved replacing existing equipment with state-of-the-art high-performance equipment and technologies and bringing the facilities to a level of safety and reliability appropriate to the area, thus contributing to increasing the quality of the power transmission service. Thus, the Iaz Substation was fitted with new equipment that ..read more
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Morrow Have Started Battery Cell Production in South Korea
Energy Industry Review Magazine
by Energy Industry Review
2d ago
Morrow Batteries has started battery cell production at its technology development centre in South Korea. The company has announced that its Customer Qualification Line (CQL) in Chungju-si is now operational. “We are delighted to announce another milestone for Morrow Batteries. Following the successful development of an A-sample Lithium iron phosphate (LFP) battery cell earlier this year, we will now be able to produce up to 2.000 final format prismatic cells monthly at our production line in South Korea,” says Morrow CEO Lars Christian Bacher. CQL is a versatile development asset for Morrow w ..read more
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Oil & Gas Industry Contribution to Romania’s GDP Growth
Energy Industry Review Magazine
by Energy Industry Review
3d ago
A new study entitled ‘The Contribution of the Oil & Gas Industry to the Romanian Economy’ (2nd edition, updated and extended), reflecting the independent assessment of the Consilium Policy Advisors Group (CPAG), shows that the role of the oil & gas sector in Romania has been exponentially increased since the beginning of this decade. The scientific approach used by Ec. Dr. Laurian Lungu – Economic Adviser, Co-Founder of Consilium Policy Advisors Group, to highlight the direct economic dimension of this sector in the context of the Romanian economy needs no further elaboration and point ..read more
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Mining Industry in Romania to Focus on Non-Energy Mineral Resources
Energy Industry Review Magazine
by Adrian Stoica
3d ago
While the coal industry is heading for winding-up, the exploitation of critical ferrous and non-ferrous materials will become a priority for the Romanian Government in the coming years. The first signal has been given, and several pieces of legislation that will shape the future of the mining industry will soon be on the Executive’s table. We are talking about the draft ‘National Strategy for Non-Energy Mineral Resources 2035’ and the draft amendment to the Mining Law creating the legislative framework for the reopening of closed mines or those in the process of greening. The demand for minera ..read more
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Bioplastic, a False Solution of the Future?
Energy Industry Review Magazine
by Rona Rita David
6d ago
Currently accounting for less than 1% of global plastics production, the volume of bioplastic production is expected to triple by 2027. As proof, more and more investments are announced in this area. Since their large-scale production began in the 1950s, plastics derived from fossil fuels have made food safer to eat and vehicles safer to drive, yet plastics are considered one of the biggest threats to the environment and their production generates millions of tonnes of greenhouse gases every year. So, at a time when the planet is increasingly troubled by the negative environmental impact of pl ..read more
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ABB Electrification’s Energy Insights Survey
Energy Industry Review Magazine
by Energy Industry Review
6d ago
Energy Concerns Impacting Business Competitiveness, Workforce and Decarbonization 92 percent of business leaders surveyed believe that fluctuating energy costs and instability still pose a threat to business competitiveness Impacts on the workforce include reductions in investment in recruitment, training, development, and salaries Four out of five are also concerned about the security of energy supply, with over half highlighting the impact on their decarbonization goals Research shows that businesses around the world remain concerned about the impacts of energy security and prices, which c ..read more
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Transelectrica-UPB Partnership in Research and Innovation
Energy Industry Review Magazine
by Energy Industry Review
1w ago
The National Power Grid Company Transelectrica and the Polytechnic University of Bucharest (UPB) signed on March 21, 2023, a strategic partnership in the field of research and innovation. The two institutions strengthen the collaboration agreement on the technological future of the Romanian energy sector. Aiming to realise a vision over five years, the partnership aims to increase the quality of education and training, in order to facilitate the transition of students and graduates into the labour market, but also to implement research, development or innovation projects to ensure technology t ..read more
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Morrow Batteries and Eldrift to Cooperate on Battery Energy Storage Solutions
Energy Industry Review Magazine
by Energy Industry Review
1w ago
Morrow Batteries and Eldrift have agreed to establish a long-term supply of batteries for Eldrift’s battery energy storage solutions. This partnership further strengthens Norway’s position as a hub for Europe’s battery and energy storage industry. Under the non-binding offtake agreement, Eldrift has committed to purchasing 1.5 GWh of Morrow’s batteries starting in 2024, when Morrow starts industrial-scale production at the first battery factory in Arendal. The Memorandum of Understanding (MoU) between the two companies will support the enhancement of existing LFP battery chemistry and battery ..read more
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Photon Energy Group Secures EUR 21.9mn Financing for Romanian Projects
Energy Industry Review Magazine
by Energy Industry Review
1w ago
Photon Energy N.V. has closed a non-recourse project refinancing agreement in the amount of EUR 21.9 million with Austrian Raiffeisen Bank International (RBI) for its portfolio of PV power plants in Romania with a total installed capacity of 31.5 MWp. The signing of the agreement represents the group’s first project financing of European PV assets that operate on a merchant basis, selling energy to the market without a power purchase agreement or state support. To date, only the company’s two merchant utility-scale power plants in Leeton, Australia, which have a combined installed capacity of ..read more
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Second School Modernized within Romania Eficienta Program, Supported by OMV Petrom
Energy Industry Review Magazine
by Energy Industry Review
1w ago
The secondary school Liliesti in Baicoi (Prahova County) has been modernized at nZEB standards – almost zero energy consumption EUR 1.6 mn investment OMV Petrom and Energy Policy Group (EPG) announce the completion of the renovation and rehabilitation works of the Liliesti Secondary School in Baicoi, carried out as part of the Romania Eficienta program. This is the second educational institution in the country to have been modernized at almost zero energy consumption standards (nZEB). The first unit renovated through Romania Eficienta was the “Elie Radu” Energetic Technological High School i ..read more
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