Electricity prices for end-consumers should go down


November 11, 2015





November 11, 2015




Niculae Havrileţ, president of Romania’s energy regulator ANRE, stated the situation allows for lower power prices, said.

„This year we have had a few positive elements in the electricity supply and distribution sector, as the electricity consumption went up and the inflation rate evolution was favorable. These two factors combined will definitely bring a positive input in establishing the electricity price for the end consumers,” he explained, Romania-Insider reports.

A price cut by 3% to 5% doesn’t also target green certificates or the cogeneration bonus, so the impact on the electricity bills will be somewhat lower. ANRE has the authority to set the electricity transport and distribution prices, but the price for the end consumers is set by the suppliers, the article said. Any cut in the transport and distribution tariffs, which ANRE has the right to decide, doesn’t necessarily mean that the bill for the end consumer will be lower, said Silvia Vlasceănu, general manager of the Energy Utilities Companies Association (ACUE).

However, Filip Cârlea, director of the Centre for the Promotion of Renewable Energies and Energy Efficiency (CPEREE), says the price of electricity could go up by a yearly 3% until near 2025, adding that production costs by energy sources will converge, regardless of the employed technology. In a recent  interview to Agerpress, he stated the renewable energy sector is becoming increasingly competitive compared to conventional technologies and should no longer need financial support by various types of subsidies after 2020. „Meanwhile, the cost of other technologies, like those based on coal, will gradually go up, mainly as a result of providing the protection of the environment. The price will also increase because the technologies used to produce power will be more expensive,” Cârlea said.


Related Articles


Monsson to merge its wind farm, PV unit in Romania into hybrid power plant with storage

20 February 2024 - Monsson Group is developing a hybrid wind-solar-storage project with the largest battery energy storage system in Romania

kozloduy hyndai nuclear unit

Hyundai shortlisted for installing new nuclear units in Kozloduy

20 February 2024 - Bulgaria has called on potential contractors to express interest in the construction of a new nuclear power plant with AP1000 technology

GGF UniCredit Bank Serbia EUR 50 million renewables loan

GGF deepens cooperation with UniCredit Bank Serbia with EUR 50 million renewables loan

20 February 2024 - UniCredit Bank Serbia obtained a EUR 50 million loan from GGF for utility-scale renewables projects, strengthening its ties with the fund

EU approves EUR 6 9 billion state aid for hydrogen infrastructure

EU approves EUR 6.9 billion in state aid for hydrogen infrastructure

19 February 2024 - Strategic hydrogen project IPCEI Hy2Infra, which seven EU member states developed jointly, got a green light from the European Commission