Romania signs energy pact with USA

US Energy Secretary Spencer Abraham and Romanian Minister of Industry and Resources Dan Ioan Popescu have signed an agreement for their countries to work together to foster cooperation in energy areas. Basic and applied energy research and development are on the agenda, as are research, development, design, construction, operation, maintenance, and management of power plants. Both countries will work together on energy and environmental issues, including energy policy, energy efficiency, and the development and expansion of regional infrastructure networks using environmentally sound technologies. They will also develop legal and regulatory frameworks and regional cooperation. Power market development including specific tools for operation and risk management are also part of the deal as are the development and upgrading of energy resources and energy infrastructures, the modeling of power operation.

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