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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Romanian minister: Norwegian company plans EUR 800 mln investment in coal substitute plant

A Norwegian company wants to invest EUR 800 million in Romania to develop a coal substitute plant, acting minister of energy Virgil Popescu announced on Wednesday, November 24.

The coal substitutes are fuels specifically designed to mimic coal but with lesser environmental impact, developed as a way to keep coal-fired power plants operating even as the use of coal is phased out.

"It's a big Norwegian company that we negotiated with. It wants to build more production facilities for this type of fuel that can replace coal. It is a fuel based on biomass, but we are not talking about wood - it's rather a mixture of biomass," Popescu told the press at the end of the hearings in the joint specialized committees of the Parliament, Economica.net reported.

"I sent them first to the Jiu Valley [where most coal-fired power plants are located]," the government official added.

andrei@romania-insider.com

(Photo source: Inquam Photos/Octav Ganea)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Romanian minister: Norwegian company plans EUR 800 mln investment in coal substitute plant

A Norwegian company wants to invest EUR 800 million in Romania to develop a coal substitute plant, acting minister of energy Virgil Popescu announced on Wednesday, November 24.

The coal substitutes are fuels specifically designed to mimic coal but with lesser environmental impact, developed as a way to keep coal-fired power plants operating even as the use of coal is phased out.

"It's a big Norwegian company that we negotiated with. It wants to build more production facilities for this type of fuel that can replace coal. It is a fuel based on biomass, but we are not talking about wood - it's rather a mixture of biomass," Popescu told the press at the end of the hearings in the joint specialized committees of the Parliament, Economica.net reported.

"I sent them first to the Jiu Valley [where most coal-fired power plants are located]," the government official added.

andrei@romania-insider.com

(Photo source: Inquam Photos/Octav Ganea)

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