about us | newsletter | contact | archive | members area
Dan Copocean, Kimball Electronics
"I believe that the Romanian economy continues its development"»
  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  |  2041 Views
Daily Info
Bonds of Globalworth will start trading on Bucharest Stock Exchange on July 31

Bucharest Stock Exchange (BVB) informs that the bonds of Globalworth will start trading on the main market on July 31, 2017, and are defined by the following: 5,500 bonds, nom...

OTP Bank Romania to take over Banca Romaneasca from National Bank of Greece

The National Bank of Greece signed an agreement with OTP Bank Romania on the sale of its equity holding of 99.28 per cent in Banca Romaneasca. The transaction involves the sha...

The healthcare system must be a priority, FIC says

Health is now a priority for Romanian authorities and the total spending on healthcare has grown significantly over the last four years (although it is still the lowest propor...

CET Govora reached 30 million RON profit in H1 2017

Heat and electricity producer CET Govora registered a net profit of 30.6 million RON in the first six months of 2017, compared to a net loss of five million RON in the same pe...

E van Wijk agrees new lease at P3 Bucharest park

Pan-European logistics property investor-developer P3 has signed a deal with Logistic E van Wijk, provider of integrated transport and logistics services, to lease 10,180 sqm ...

 
 
   
advertising

advertising

advertising

advertising

More on News
Over 19,000 business plans submitted for Start-Up Nation program

Start-Up Nation Government program attracted over 19,000 business plans and a new edition will take place next year, said Ilan Laufer, Minister for the Business Environment...

Sorin Grindeanu hails the support for CVM lifting before 2019

Prime Minister Sorin Grindeanu met at Victoria Palace with the European Commission President Jean-Claude Juncker. The meeting was also attended by the Public Finance Minist...

PM Sorin Grindeanu: 5.7 per cent economic growth - confirmation that the measures taken by the Government are the right

The 5.7 percent economic growth registered in the first quarter of 2017, as compared to the first quarter of 2016, an evolution which exceeds the expectations of analysts a...

President Iohannis to hold political consultation to designate future PM

Parliamentary parties are invited today to the Cotroceni Presidential Palace for consultations with President Klaus Iohannis over the designation of the future prime minist...

Chinese delegation seeks investment opportunities in Romania

Prime Minister Mihai Tudose discussed at the Victoria Governmental Palace on Thursday about the opportunities to invest in Romania with an official delegation of the People...

BVB second place in the region by number of IPOs in H1 2017

Bucharest Stock Exchange (BVB) is the second market in Central and Eastern Europe where initial public offers (IPOs) were successfully concluded in the second quarter of th...

EU bank supports expansion of Regina Maria private healthcare network in Romania

The European Investment Bank (EIB) is lending 15 million Euro to support the expansion of a private healthcare network in Romania, a press release shows. This agreement is ...