Acasă » General Interest » Economics&Markets » Burduja: Romania will ask the EU for compensation for the significant energy price differences between Western and Eastern Europe

Burduja: Romania will ask the EU for compensation for the significant energy price differences between Western and Eastern Europe

13 September 2024
Economics&Markets
energynomics

Romania will request compensation from the Council of Ministers, at the European level, given that energy prices in our region are significantly higher compared to Western Europe, the Minister of Energy, Sebastian Burduja, said on Thursday.

“We are very concerned about what is happening on the energy market. There are several months when, unfortunately, prices in our region are significantly higher than in Western Europe. This is due to several factors. Of course, we are talking about a dry year , a lower hydro production, we are discussing problems in the interconnection area, maintenance on certain lines in Hungary, we are discussing a reduced capacity in Austria, the transfer/export of cheaper electricity from western Europe to eastern Europe. we are discussing a support that we give with great pleasure, in commercial terms, of course, to the Republic of Moldova, but also to Ukraine – and which creates pressure on prices in Romania, something we note, but we cannot accept indefinitely If we are still in a single European energy market, we cannot just pay the bill and tolerate prices two or three times higher than in the rest of Europe, which is why I will bring this subject to the attention of the Council of Ministers at the European level and, together with Greece, with Bulgaria, with all the others interested, we will have to define some quick solutions by which we must be compensated for these price differences. That seems correct and normal to me,” said Sebastian Burduja, according to Agerpres.

He emphasized that he strongly supports the expansion of the single market.

“The more participating countries we have, including in the Balkans, the better. I support increasing the interconnection capacity – and Romania is doing well, Austria is not doing so well, so that we can really ensure a common market, if we still obey the same rules, to benefit from the same benefits. Otherwise, some remain with the benefits, others remain with the burden of costs,” added Sebastian Burduja.

 

 

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