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March 24, 2023

National energy research institute to be set up

The Ministry of Economy, Trade and Business Environment is resuming a 2006 process of transforming Transelectrica subsidiary Icemenerg Bucharest into the first energy research institute in Romania, Mediafax reports. The institute will have a registered capital of RON 1.08 M which it will inherit from the same name Transelectrica subsidiary that will be wound up, a draft government decision prepared by the Ministry of Economy shows. Current Transelectrica branch employees will also be imported into the institute, as well as its RON 5.3 accounts receivable. Icemenerg will have a patrimony of RON 18.67 M. Turning Icemenerg into an institute leaves a door open to the sale of its unused assets, the draft decision says.

The foundation of the national Icemenerg institute is necessary as Romania currently has no R&D instate on energy, the explanatory note to the draft normative act shows.

On the other hand, the Ministry of Economy wants to end RON 21.5 M investments at Electrocentrale Paroseni permanently, arguing they are unnecessary, a draft decision currently under public debate says, according to HotNews. The works were part of an investment plan begun in 1989 for the preservation of the production capacity of CET Paroseni. Works worth RON 3.9 M have been so far completed within the plan. Economy Minister Adriean Videanu on the other hand intends to start new works at Paroseni. A number of companies including Romelectro, Grivco and Itochu (Japan) are competing for the investment projects to be developed at Paroseni.

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