The new energy strategy: the Ceausescu projects, decades old and rolled up by each Government, are presented as priorities and the modern ones are sneaky The Energy Ministry has succeeded in
The new energy strategy: the Ceausescu projects, decades old and rolled up by each Government, are presented as priorities and the modern ones are sneaky
The Energy Ministry has succeeded in finalizing, after four years, a project to update the energy strategy. At least, he claims, by publishing a final form on the site. However, instead of projects adapted to the present times, we find a Communist document, which has in the forefront PSD projects, which are talked about for decades and that are not part of any government program. There are projects whose meaning so far has been just spending huge amounts of money on many feasibility studies. Instead, innovative ideas are hidden somewhere in the end of the document, in an enumeration, without being highlighted in any way.
Government also leaves Nuclearelectrica without investment money / Company obliged to distribute 238 million lei in the form of additional dividends
Energy companies are squeezed, in turn, by their reserves, being forced by the Government to distribute large sums of money in the form of additional dividends. After Romgaz, Nuclearelectrica also announces that it will distribute to the shareholders, at the end of the year, additional dividends amounting to 238 million lei, at a value of 0.789 lei / dividend. The need for money in the budget, however, jeopardizes the very important investments of the companies. For example, Cernavoda’s 1 reactor has to undergo a large-scale refurbishment process, with the investment amounting to about 1.5 billion euros, given its lifetime.
European Commission calls on Romania, other 6 Member States, to correctly transpose EU rules on energy efficiency. End of VAT split payment mechanism requested
The European Commission has decided on Thursday to send letters of formal notice to Austria, Finland, Germany, Hungary, Romania, Slovakia and Spain and for failing to correctly transpose or implement certain requirements of the Energy Efficiency Directive (Directive 2012/27/EU). The Directive establishes a common framework of measures for the promotion of energy efficiency within the EU in order to ensure the achievement of the EU’s 20% energy efficiency target for 2020 and to pave the way for further energy efficiency improvements beyond that date. These Member States now have two months to reply to the arguments raised by the Commission; otherwise, the Commission may decide to send a reasoned opinion.
Source: Romania Journal
Vosganian: DNA Action Against Tariceanu – The Last Spasm of a System That Must Stop Working
The leader of the ALDE parliamentary group in the Chamber of Deputies, Varujan Vosganian, expressed his hope on Thursday that „things will be cleared very quickly” in the file where Senator Calin Popescu-Tariceanu, who is also the president of the ALDE, is investigated by prosecutors National Anticorruption Directorate (DNA) for alleged corruption offenses.