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Market mechanism ensures reliable consumption coverage

Published

April 24, 2015

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Published:

April 24, 2015

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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.

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