Romania mulls alternative scenarios for establishment of energy complexes.

By bne IntelliNews April 8, 2011
Romania mulls setting up two energy complexes as an intermediary step before the establishment of the two energy companies, Hidroenergetica and Electra, by end-2011, Agerpres reported, quoting economy ministry official Alexandru Sandulescu. The discussed possibilities are Oltenia in the lignite area, which will include state-run mining company SNLO and thermal power producers Craiova, Turceni and Rovinari; and a complex in the pitcoal area, which will include coal company CNH and thermal plants Deva and Peroseni. This step will also serve as an alternative solution in case the government fails to establish the two power companies. The government plans to merge its power generation companies, including Hidroelectrica, Nuclearelectrica and the thermal power plants, as well as the power and mining energy holdings, into two national companies with roughly similar production costs. However, the process is being stalled by numerous court actions.

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