News

Market mechanism ensures reliable consumption coverage

Published

April 24, 2015

Comments

comments icon

0

Share

Published:

April 24, 2015

Comments:

comments icon

0

Share

The electricity market mechanism implemented in Romania contributes to the safe operation of the national electricity system, enabling it to dependably cover consumption needs „from both the domestic output and from imports“, Marian Cernat, director of the National Energy Regulatory Authority (ANRE), told the Forum of Electricity Network Operators and Power Suppliers.

Measures adopted between 2010 and 2014 resulted in energy savings estimated at some 918,000 tonnes of oil equivalent (toe), according to ANRE.

During that period, 886 companies carried out energy audits, following which energy investments amounted to almost EUR 1 billion, Energy World magazine’s portal reported.

Romania’s net electricity exports totaled 7.1 TWh last year, 3.5 times more than in 2013, according to the audited results presented by Transelectrica, the domestic system and transmission operator, Govnet.ro business news gate reported. Total exports came to 8.5 TWh, 45 percent above the 2013 level, while imports nearly halved to 1.4 TWh from 2.7 TWh. The export volume recorded last year was the highest since 2004, when Transelectrica started to register electricity exports and imports separately, explained Ion Toni Teau, the company’s CEO, during a press conference.

Related Articles

Enery obtains financing for 600 MWh battery project in Bulgaria

Enery obtains financing for 600 MWh battery project in Bulgaria

18 December 2025 - Austria-based Enery intends to commission a four-hour battery storage system of 150 MW in central Bulgaria by the end of March

Applications open first wind power auction Kosovo

Applications open for first wind power auction in Kosovo*

18 December 2025 - The Ministry of Economy of Kosovo* invited the three prequalified entities to submit bids for a wind power auction for up to 100 MW

Greek distribution operator slammed for wrongful power theft accusations

Greek distribution operator slammed for wrongful power theft accusations

18 December 2025 - HEDNO has drawn severe criticism because of imposing fines for power theft in cases where no such wrongdoing took place

Solarpro LONGi collaborate Europe largest back contact solar plant

Solarpro and LONGi collaborate on Europe’s largest back-contact solar plant

18 December 2025 - Solarpro is building what will be the largest solar power plant in Hungary, using photovoltaic modules from industry leader LONGi