Romanian energy market regulator ANRE may decide to hike by 5% regulated electricity prices as of February 1 after production of cheap hydro-electric power halved on lasting drought, daily Adevarul reported, quoting sources from the sector. Hydropower company Hidroelectrica reported lower output due to the unfavourable weather conditions. The electricity it generated has shrunk by some 50% against normal years and will return to higher levels no sooner than the end of this spring. Furthermore, the rising share of costly wind power in the resources basket formed by ANRE also has an impact on the end-user prices, the sources said. |
Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more
Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more
The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more