Electrica

Electrica is a Romanian state-owned company specialised in electric power supply and distribution. The company was established in 1998 as a division of CONEL (Compania Națională de Electricitate), the largest electric power distribution company in the country at that time, but became a stand-alone company in 2000 when CONEL was restructured.[2] The company is one of the most important electric power distribution companies in Romania.[3]

Electrica is structured into three distribution companies depending on geographic location. The three companies are Electrica Transylvania North, Electrica Transylvania South and Electrica Muntenia North.[4] Each of the companies has two supply and distribution branches but there is also a general maintenance company Electrica Serv.[4]

Electrica
Public
Industryelectricity
Founded2000
HeadquartersBucharest, Romania
Key people
Dan Catalin Stancu, CEO
RevenueUS$ 1.6 billion (2009)[1]
Number of employees
14,000 (2009)
Parentstate owned
Websitewww.electrica.ro

History

The first electric power distribution company after the communist regime disappeared in 1990 and was called RENEL or Regia Autonomă de Electricitate. The company owned and operated everything in the field of electricity production, transmission and distribution in Romania and had an installed production capacity of around 20,000 MW.[5] In 1998 RENEL is dissolved and divided into three companies CONEL (supply and distribution), Nuclearelectrica (production) and Regia Autonomă pentru Activități Nucleare or RAAN (production and research).[6]

Since 1998 the company that took over all the production and transport facilities of the former RENEL was CONEL (Compania Națională de Electricitate). The company had three branches, Termoelectrica specialised in production of thermal and electric power from fossil fuels, Hidroelectrica specialised in production of electric power from renewable sources especially hydro power plants and Electrica specialised in the supply and distribution of electric power. In 2000 the CONEL company was dissolved and the three branches that formed it became separate companies including a new one called Transelectrica specialised in the transportation of electric power thru power lines.[7]

The current Electrica company was established in 2000 after the break-up of CONEL and initially had eight branches North Transylvania, South Transylvania, North Muntenia, South Muntenia, Moldova, Oltenia, Dobruja and Banat. In 2005 Electrica privatised four of its branches namely Moldova, Oltenia, Dobruja and Banat by selling 51% shares in each. The Electrica Oltenia branch was sold to the Czech company CEZ Group for €167 million[8] while the Electrica Moldova branch was sold to the German company E.ON for €100 million.[9] The Electrica Banat and Dobrogea were sold to the Italian company Enel for a combined €112 million.[10] The Italian company also bought in 2008 a 64.4% stake in the Electrica Muntenia Sud, the largest of the Electrica branches, for €820 million.[11]

Activity

Electrica currently owns three distribution companies that are organised into seven smaller branches, three for electric power supply, three for distribution and a maintenance branch, that serve around 3.5 million people.[12] The company also owns 438 electric power stations, 25,600 power transformers and a network of approximately 116,500 km of power lines.[12]

The three distribution companies owned by Electrica are Electrica North Transylvania that servess 6 counties located in North Western Romania namely Bihor, Bistriţa-Năsăud, Cluj, Maramureş, Satu Mare and Salaj counties which serves 1.16 million people over an area of 34,160 km2 (13,190 sq mi);[13] Electrica South Transylvania that serves 6 counties located in central Romania namely Alba, Braşov, Covasna, Harghita, Mureş and Sibiu counties which serves 1.06 million people over an area of 34,100 km2 (13,200 sq mi);[14] and Electrica North Muntenia that serves 6 counties located in Southern and South Eastern Romania namely Brăila, Buzău, Dâmboviţa, Galaţi, Prahova and Vrancea counties which serves 1.2 million people over an area of 34,000 km2 (13,000 sq mi)[15]

References

  1. ^ "Electrica vrea afaceri de 5 mld. lei in 2010". time4news.ro. Retrieved September 1, 2010.
  2. ^ "Istoric Electrica". Electrica. Archived from the original on December 18, 2008. Retrieved September 1, 2010.
  3. ^ "Electrica are nevoie de 140 mil. euro pentru a aduce lumina in peste 60.000 de case". Ziarul Financiar. Retrieved September 1, 2010.
  4. ^ a b "Organizare Electrica". Electrica. Archived from the original on December 18, 2008. Retrieved September 1, 2010.
  5. ^ "RENEL s-ar putea transforma in societate nationala la inceputul anului viitor". Ziarul de Iasi. Retrieved September 1, 2010.
  6. ^ "A.F.E.E. Sibiu istoric". Electrica. Archived from the original on December 18, 2008. Retrieved September 1, 2010.
  7. ^ "RENEL isi bate joc de 380.000 de ieseni". Ziarul de Iasi. Retrieved September 1, 2010.
  8. ^ "CEZ preia fără zgomot fosta Electrica Oltenia". Cotidianul. Archived from the original on July 16, 2011. Retrieved September 1, 2010.
  9. ^ "Statul activează opţiunile contractelor de privatizare din energie". Saptamana Financiara. Archived from the original on July 16, 2011. Retrieved September 1, 2010.
  10. ^ "Compania italiana Enel a cumparat Electrica Banat si Electrica Dobrogea cu 111,8 milioane euro". Adevarul. Retrieved September 1, 2010.
  11. ^ "Enel Electrica Muntenia Sud". Business Magazin. Retrieved September 1, 2010.
  12. ^ a b "Electrica Distribuţie Transilvania Sud a inaugurat staţia electrică Hărman, de circa 5 mil. euro". Money.ro. Retrieved September 1, 2010.
  13. ^ "Electrica Furnizare Transilvania Nord". Electrica. Archived from the original on July 7, 2010. Retrieved September 1, 2010.
  14. ^ "Electrica Furnizare Transilvania Sud". Electrica Transilvania Sud. Retrieved September 1, 2010.
  15. ^ "Electrics Furniture Munificent Nord". Electrics. Archived from the original on November 24, 2009. Retrieved September 1, 2010.

External links

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C.S. Emelec

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Emelec has won fourteen Serie A titles, holding the record of doing so in all decades in which the Serie A has been played. They also have won seven regional titles (record in their region), a record-tying 5 of them in the professional era. Was the first national They are the team that have lost the most in Copa Libertadores de America

Emelec was founded on April 28, 1929 by George Capwell, the American head of the Electric Company of Ecuador (Spanish: Empresa Eléctrica del Ecuador), from which the club is named after. The name of their home stadium pays homage to the club's founder. The club's most intense rivalry is with crosstown-team Barcelona. Matches between the clubs are known as El Clásico del Astillero.

Electrica Transylvania North

Electrica North Transylvania is a Romanian company that distributes and supplies electric power for 1,089,192 customers in Cluj, Bihor, Maramureş, Satu Mare, Salaj and Bistriţa-Năsăud.

Electrica North Transylvania with its headquarters in Cluj-Napoca, unfolds its activity in an area of 34,160 km².

The Electricity Supply and Distribution Branch North Transylvania sold, in 2002, over 3,845,622 MWh, a sales level that ranges it among the first at the national level from this point of view. Electrica North Transylvania administrates 39,996 km of electric lines – aerial and subterraneous, 90 transformation stations and 7,535 supply units and transformation stations.

The company's flagship product offerings are: the MSCI indexes with over US$9 trillion estimated to be benchmarked to them on a worldwide basis; Barra multi-asset class factor models, portfolio risk and performance analytics; RiskMetrics, multi-asset class market and credit risk analytics; IPD real estate information, indexes and analytics; MSCI ESG (environmental, social and governance) Research screening, analysis and ratings; and FEA valuation models and risk management software for the energy and commodities markets. MSCI is headquartered in New York, with research and commercial offices around the world.

Electricity sector in Bolivia

The electricity sector in Bolivia is dominated by the state-owned ENDE Corporation (Empresa Nacional de Electricidad), although the private Bolivian Power Company (Compañia Boliviana de Energía Eléctrica; COBEE) is also a major producer of electricity. ENDE had been unbundled into generation, transmission and distribution and privatized in the 1990s, but most of the sector was re-nationalized in 2010 (generation) and 2012 (transmission and distribution).The supply is dominated by thermal generation (65%), while hydropower (35%) has a smaller share in its generation mix compared to other South American countries. (Latin America and the Caribbean, or LAC, average hydropower capacity is 51%.) In 2014, national electricity supply of 1580,35 MW comfortably exceeded the 1298,2 MW maximum demand. Like in other countries, Bolivia’s electricity sector consists of a National Interconnected System (SIN) and off-grid systems (known as the Aislado).

The national government's priorities for the electricity sector include providing universal access to electricity and producing surplus energy for export. The electricity coverage in rural areas is among the lowest in Latin America and improving it represents a major challenge in the future. The government envisions a major expansion of electricity generation capacity to over 8,000MW over the decade from 2015 to 2025, primarily to export surplus generating capacity.

Empresa Eléctrica del Ecuador

Empresa Eléctrica del Ecuador (literally Electric Company of Ecuador) or Emelec was the name of an Ecuadorian electric company based in the city of Guayaquil.

Until 2004, it was owned by Fernando Aspiazu who used to be president of Banco del Progreso, Ecuador's second largest bank that was closed in March 1999. In 2004, Emelec had debts of $400 million with the Ecuadorian state and $800 million with state-owned Centro Nacional de Control de Energía (Cenace). Therefore, in 2004, the government of Alfredo Palacio confined by decree the administration of Emelec's actives for five years to Corporación para la Administración Temporal Eléctrica de Guayaquil (CATEG; literally Corporation for the Temporal Electric Administration of Guayaquil), an entity administrated by Venezuelan power company Electricidad de Valencia (Eleval), whose main duty beside supplying energy is debt collection from EMELEC's private debtors.

A group of employees of EMELEC founded the sports club Club Sport Emelec in 1929, which nowadays is known for one of Ecuador's top soccer teams.

Empresa Nacional de Energía Eléctrica

The Empresa Nacional de Energía Eléctrica (also commonly known as ENEE), is Honduras's government owned and operated electrical power company, operating within the Electricity sector in Honduras.

Lucía Haro

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Machina Electrica

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Puerto Rico Electric Power Authority

The Puerto Rico Electric Power Authority (PREPA) —Spanish: Autoridad de Energía Eléctrica (AEE)— is an electric power company and the government-owned corporation of Puerto Rico responsible for electricity generation, power distribution, and power transmission on the island. PREPA is the only entity authorized to conduct such business in Puerto Rico, making it a government monopoly. The authority is ruled by a board of directors appointed by the governor with the advice and consent of the Senate. Since 2014, PREPA is subject to the Puerto Rico Energy Commission, another government agency whose board of directors is also appointed by the governor.

Hurricane Maria in September 2017 destroyed PREPA's distribution network, creating a blackout in all parts of the island. On January 22, 2018 the governor of Puerto Rico, Ricardo Rossello, announced that all assets of the Authority will be sold in a general privatization of PREPA.

Red Eléctrica de España

Red Eléctrica de España (Spanish pronunciation: [reð eˈlektɾika ðe esˈpaɲa]) is a partly state-owned and public limited Spanish corporation which operates the national electricity grid in Spain, where it operates the national power transmission system. It also holds assets in Portugal, Peru and Bolivia.

Redes Energéticas Nacionais

REN - Redes Energéticas Nacionais, SGPS, S.A. (formerly Rede Eléctrica Nacional S.A.) is a Portuguese energy sector company which is the current concession holder of the country's two main energy infrastructure networks: the National Electricity Transmission Grid (RNT) and the National Natural Gas Transportation Grid (RNTGN). It is responsible for the planning, construction, operation, maintenance and global technical management of both these grids and associated infrastructures. Its stated mission is to provide a guarantee of an uninterrupted and stable supply of energy while ensuring equal rights of grid access to the remaining participants in the energy market, including consumers, generators and distributors.

The company is also involved with the storage and transportation of liquefied natural gas, and owns and operates an LNG regasification terminal located at Sines.

Renewable energy in Spain

Electricity from renewable sources in Spain represented 42.8% of electricity demand coverage during 2014. The country has a very large wind power capability built up over many years and is one of the world leaders in wind power generation.

Initially Spain also positioned itself as a European leader in Solar power, by 2007-2010 the country was second only to Germany in installed capacity, however other countries (Italy in particular) have since leapfrogged Spanish development. By 2015 solar power in Spain though significant produced less than a third of that of wind power in 2015.

Spain has set the target of generating 20% of all its energy needs from renewable energy sources by 2020 and an additional 0.8% may be available for other EU countries under the cooperation mechanism bringing the total to 20.8%. By the end of 2014 Spain had reached a level of 16.2% of all its energy needs from renewable energy sources.The story of renewable energy development in Spain is both a mixed and unfinished one. Under previous subsidies the country expanded its renewable base rapidly and helped establish a domestic industry in both wind turbine and solar energy. However, support was drastically cut back following the global financial crisis and new installations stagnated between 2012 and 2015. The debts incurred during the boom period have led to tougher and retrospective revisions of contracts to providers of renewable energy reducing returns considerably. In being one of the first-to-market countries, Spain faces the challenge of powerful competitors from countries such as Denmark, Germany and China and ironically a cheaper and more mature renewable energy sector which Spain itself helped to pioneer.

In 2015 solar power suddenly demonstrated a possible way through the impasse. The continued fall in prices for solar systems and Spain's abundant sunshine led to prices for solar power reaching grid price parity. Suddenly there was the potential for sustained and spontaneous growth in solar installations in Spain as households and producers could produce power more economically. However the Spanish government introduced what has been dubbed the world's first "sun tax" on solar installations making them economically less viable as well as draconian fines (up to 60 million Euros) for anyone not complying with the tax.

The tax has proved highly controversial. On the one hand the government has argued that those generating their own power still rely on the national grid for power backup and so should be liable for contributing to the cost. On the other hand, the solar industry has argued that the government is simply trying to protect the centralised established power producers whose revenues would be threatened by this competitive solar threat. Environmentalists have criticised the tax for artificially blocking Spain from continuing its long standing movement to renewable energy production.

Whatever the merits of both arguments, the controversy can only become more heightened as the price of solar energy continues to fall and if PV solar power installed capacity in Spain were to continue sliding down the EU league from 12th position in 2014 (102.9 kW per 1000 inhabitants). In the same year in terms of wind energy production Spain was much stronger in 3rd position (495 kW per 1000 inhabitants).

Snam

Snam S.p.A. is an Italian natural gas infrastructure company.

As of 31 December 2017, it had a market capitalization of €13.953 billion.

Snam was originally a subsidiary of Italian energy company Eni.

It has since become an independent company, whose largest shareholder is CDP Reti, a holding company controlled by the Italian state.

The utility operates in Italy and, through associated companies, in Austria, France and the United Kingdom.

Snam is one of Europe's main regulated gas companies - leading Italy in gas transport and storage, while ranking third in regasification.

Its main peers, in the regulated gas and electricity sectors in Italy and in Europe, are:

Terna (Italy): the main grid owner, responsible for high voltage electricity transmission and dispatching nationwide

Enagas (Spain): Technical Manager of the Spanish gas System and the main carrier of natural gas

REE - Red Eléctrica de España (Spain): manages the transmission grid and acts as sole transmission agent; it is also the System Operator

National Grid (UK): operates in the regulated businesses of transmission and distribution of electricity and gas mainly in the UK and northeastern US

Stadionul ANEFS

ANEFS Stadium is a multi-purpose stadium in Bucharest, Romania. It is currently used mostly for football matches and is the home ground of Comprest GIM București and Electrica București. The stadium holds 6,000 people.

It was also known as Rocar Stadium, but after ANEFS bought the stadium it renamed it.

Stadionul Electrica

Stadionul Electrica is a multi-purpose stadium in Timișoara, Romania. It is currently used mostly for football matches and is the home ground of Electrica Timișoara and ACS Poli Timișoara. The stadium holds 5,000 people and is located in the Fabric neighbourhood. In the past it was also the home ground of Politehnica II Timișoara and Ripensia TimișoaraIn the past, Stadionul UMT, which was placed just a few meters away, was named also as Stadionul Electrica, fact that created some confusion over time.

Stadionul UMT

Stadionul UMT was a multi-purpose stadium in Timișoara, Romania. Until 1960 the stadium was known as Stadionul Electrica and was the main home ground in Timișoara for athletics championships, being also the stadium where Olympic champion Iolanda Balaș made its debut. Ripensia Timișoara (until 1948) and Electrica Timișoara (until 1960) also used the stadium as the home ground for football matches.

In 1960 the stadium entered into possession of Uzinele Mecanice Timișoara (UMT) and a sports complex was built around it, consisting of another stadium and various grounds. The new stadium was named Stadionul Electrica and the old one was renamed after the owner of the sports complex, Stadionul UMT. This name changing of the stadiums and their location, just a few meters from each other, were favorable factors in creating some confusion over time.

From 1960 Stadionul UMT was the home ground of UM Timișoara, a football team founded in 1960 by the same Uzinele Mecanice Timișoara (UMT). Between 2001 and 2002 this stadium was the home ground for Liga I matches, but was closed in 2008, when UM Timișoara relegated to Liga IV, being dissolved by its owner, UMT. After 2008 the stadium was closed and reached the state of dereliction before being demolished in 2016. Stadionul UMT had a capacity of 9,900 seats.

Taesa S.A.

Taesa is one of the largest Brazilian electric power transmission company. It is majority owned by Belo Horizonte based CEMIG, but the Bogotá based Interconexion Eléctrica is the second largest shareholder of Taesa

The company operates approximately 10,000 kilometers of transmission lines in 18 Brazilian states.

Currently, Taesa has 34 transmission concessions, segregated into 10 concessions that make up the holding company; 5 full investees and 19 participations.

The Paraguaçu, Aimorés and Lot 1 concessions are joint ventures with CTEEP - which holds 50% of the capital of each of them.

In addition, it has assets in 67 substations with a voltage level between 230 and 525kV, present in all regions of the country and an Operation and Control Center located in Brasília.

Unión Fenosa

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It installed capacity of 11,120 megawatts of power and 8.9 million customers. The headquarters were in Madrid and the chairman was Pedro López Jiménez. Formerly a constituent of the IBEX 35 index, the company is a part of the Gas Natural group.

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