Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

Solar and wind energy...

During the week of June 23, solar photovoltaic (PV) energy production rose in...
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Romania soon to adopt Energy Strategy and NECP

Romanian Government will approve both Romania’s Energy Strategy and the National Integrated Energy Climate Plan (NECP) by the end of the month, said Romanian Minister of Energy Virgil Popescu.

Minister Popescu said that NECP and the renewable energy targets that Romania has proposed could be revised in 2023, depending on the evolution of the market and investments. Romania has assumed the achievement of a target of 30.7 % regarding the share of renewable energy in 2030, compared to the level of 24 % set as a target for 2020 and reached since 2017.

 

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