about us | newsletter | contact | archive | members area
Bogdan Nitulescu, Tremend
Cryptocurrencies volatility is a big problem»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Nuclearelectrica plans selling electricity worth EUR 15 million on OPCOM

State-owned company Nuclearelectrica submit for sale on the energy trading body OPCOM power worth 66 million lei, respectively EUR 14.8 million, the company announced. The amount of energy estimated to be sold on the OPCOM is of 400.000 MWh.

2014-04-23 15:41:23

Nuclearelectrica expects EUR 407.6 million worth revenues this year, 20.8 per cent less compared to RON 2.3 billion achieved in 2013, according to the income and expenditure report for 2014 that will be subject to approval of the shareholders of the meeting (AGA) scheduled for March 11.

Nuclearelectrica release states that "expenditures were made under austerity as opposed to the previous year and attaining to the real needs for maintaining long-term operating performance and nuclear safety, which is designed taking into account the expected evolution of negative revenue to be obtained in 2014 compared with the previous year."

Also, the electricity producer estimates a higher spending by 1.7 per cent from RON 1.75 billion to 1RON .78 billion.

Nuclearelectrica says it will produce 10.54 TWh of this year, whose sale will amount to RON 1.62 billion lei. The company is obliged, this year, by the Energy Regulatory Authority (ANRE), to deliver to population 3.74 TWh of energy, equivalent of 35.49 per cent of production. The price at which ANRE obliges Nuclearelectrica to sell energy in the fixed price market, of RON 145.88 / per MWh, determined Nuclearelectrica to file a suit against ANRE.

The company covers approximately 18 percent of Romanian annual electricity needs and it is controlled by the state through the Department of Energy.

The two units of nuclear power plant at Cernavoda produced energy worth over 11.6 million MWh in 2013, of which 10.6 has been distributed in the national energy system of Transelectrica, according to data published by Nuclearelectrica.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  2336 Views
Daily Info
The Romanian labour market needs a well-thought approach, says FIC

The Foreign Investors Council (FIC) has signaled in the past 2-3 years that its members are anticipating increasing strains on the Romanian labour market because starting with...

Romgaz posts a net profit of 1.02 billion RON in the first nine months of 2018

Romania's natural gas company Romgaz posted a net profit of 1.02 billion RON in the first nine months of 2018, a decrease of 14 per cent compared to the year-ago period. Total...

OTP Bank Romania posts 15 million Euro profit at the end of Q3 2018

OTP Bank Romania recorded a consolidated after-tax profit of 15.09 million Euro, in the first nine months of the year, almost twice as much as in the base period.

Black Sea Oil & Gas and Transgaz sign 15-year contract for the MGD Project gas production transmission into the NTS

Transgaz and Black Sea Oil & Gas signed the gas transmission contract for the transport of the Midia Gas Development Project (MGD Project) production into the National Transmi...

Almost 90 per cent of industrial and logistics stock is condensed in cities with highway access, says C&W Echinox

Romania's industrial and logistics market is currently benefitting from its best period in history, both in terms of supply and demand, with development being condensed in a n...

 
 
   
advertising

advertising

advertising

advertising

advertising

advertising

More on News
ArcelorMittal receives binding offer for European assets from Liberty

British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.

The Romanian labour market needs a well-thought approach, says FIC

The Foreign Investors Council (FIC) has signaled in the past 2-3 years that its members are anticipating increasing strains on the Romanian labour market because starting w...

EBRD cuts economic growth forecast for Romania

Romania's economy will grow by 4.2 per cent this year and by 3.6 per cent in 2019, according to the most recent forecast released by the European Bank for Reconstruction an...

Romgaz posts a net profit of 1.02 billion RON in the first nine months of 2018

Romania's natural gas company Romgaz posted a net profit of 1.02 billion RON in the first nine months of 2018, a decrease of 14 per cent compared to the year-ago period. To...

MOL Group posts 835 million USD profit for the first nine months of 2018

MOL Group announced its financial results for the third quarter of 2018. With a net profit of 323 million USD in Q3, the company reached a profit of 835 million USD for the...

Black Sea Oil & Gas and Transgaz sign 15-year contract for the MGD Project gas production transmission into the NTS

Transgaz and Black Sea Oil & Gas signed the gas transmission contract for the transport of the Midia Gas Development Project (MGD Project) production into the National Tran...

Corina Popescu is the new CEO of Electrica

The Board of Directors of Electrica, one of the most valuable companies where the state is the main stakeholder, has agreed to end the collaboration with its CEO Dan Catali...