The fuel and energy-related industries are allegedly corrupted areas of the Ukrainian economy, a recent report suggests. According to the National Anti-Corruption Bureau of Ukraine (NABU), the damages amount to UAH 20 billion (€650 million). Continue reading Investigations Into the Corrupt Ukrainian Fuel and Energy Sectors
In November 2016, the Romanian Ministry of Economy posted a preliminary draft of the energy sector 2016-2030 for public consultation, with a year 2050 perspective. It tackles all energy resources such as crude oil, natural gas, coal, biomass and energetic waste, and includes special sections for electricity. This is, therefore, the occasion for a review of the Romanian power sector and its evolution over the past 25 years. Continue reading After 25 Years of Restructuring, the Romanian Power Sector Is at a Crossroad
Development of nuclear energy in many countries has overcome the temporary slowdown following the Fukushima accident that was caused by the largest seismic and tsunami events in Japanese history. China, India, Korea, and Russia now have intensive nuclear power programmes, in the USA four new nuclear units are being built, and in Japan restarts of nuclear power plants are under way.
Romania has strongly entered a new phase of economic growth, supported by a significant growth in GDP and rising expectations of capital market development since the initial public offerings of its strategic energy companies. This strongly-emerging statute has managed to capture considerable attention and Romania is keen to transform it into its long-term engine for development.
Insecurity in gas delivery from the East as well as the EU’s lowering carbon emission quotas have made Poland look to diversifying its energy sources. Hence, the multiple investments that the country has made and still plans to make to diversify energy sources and thus increase the country’s security.