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

montenegro epcg zdravko dragas ceo

Elektroprivreda Crne Gore appoints new CEO

03 December 2025 - In October, the Board of Directors relieved the previous CEO Ivan Bulatović of his duties and appointed Bojan Đordan as the acting chief

eu cbam western balkans breugel analysis

Bruegel: Without refining or delaying CBAM for electricity, EU risks market integration, security of supply

03 December 2025 - Brussels-based think tank Bruegel has analyzed the impacts of the CBAM application for electricity set for January 1, 2026

Serbia taxes greenhouse gas emissions imported carbon intensive products

Serbia rolls out taxes on greenhouse gas emissions, imported carbon-intensive products

03 December 2025 - The new laws on taxes on greenhouse gas emissions and carbon-intensive product imports, both at EUR 4 per ton of CO2 equivalent, are coming into effect on January 1

First municipal energy community Greece coal capital Kozani

Greece’s first municipal energy community to be launched in its coal capital Kozani

03 December 2025 - The coal city of Kozani in northern Greece is seeking a contractor for seven photovoltaic systems of 7 MW overall