The prices on the market for the Next Day (PZU) have increased recently due to a series of factors such as the drought, the wind energy available in small quantities and a series of technical unavailabilities, the Minister of Energy, Sebastian Burduja, said on Thursday.

“Recently, you probably noticed a higher price on the Tomorrow Day Market, on the energy exchange. It’s true. These price increases are not reflected in the invoices of Romanians, nor in the invoices of Romanian companies, because there is a ceiling compensation scheme, a scheme valid until April 1 next year. Of course, there are a number of factors that explain what is happening, the current picture on the energy market, on the energy exchange.(…) It is true, in July, for example, and in the last few days we have seen quite high prices: drought, the driest year in the last decade, wind energy available in limited quantities, so the wind did not blow as it was very hot, and also a series of technical unavailability,” said Burduja, according to Agerpres.

Among these unavailabilities, the minister mentioned those on the interconnection lines with Hungary, in particular, because of which Romania could not benefit from cheaper energy imports from Western Europe.

“When we look at that map, where Romania, Bulgaria, Poland, Hungary, Greece have slightly higher prices, we see that it is practically a decoupled market, Eastern Europe from Western Europe, because of these problems on the Hungarian network,” stressed Sebastian Burduja.

He added that there were also a series of technical problems “that required attention and solutions”, such as the one at reactor 1 in Cernavodă, which automatically disconnected from the SEN on August 26, 2024 due to a malfunction in the classic of the power plant.

“For example, at reactor one in Cernavodă. I salute and thank those who really worked day and night to put this reactor 1 back into operation. Today it is at rated power and you can see it. It was a problem at one of the transformers and the team from Nuclearelectrica, together with the team from Transelectrica, really worked day and night to bring this reactor back into the National Energy System,” Burduja added.

The prices on the market for the Next Day (PZU) have increased recently due to a series of factors such as the drought, the wind energy available in small quantities and a series of technical unavailabilities, the Minister of Energy, Sebastian Burduja, said on Thursday.

“Recently, you probably noticed a higher price on the Tomorrow Day Market, on the energy exchange. It’s true. These price increases are not reflected in the invoices of Romanians, nor in the invoices of Romanian companies, because there is a ceiling compensation scheme, a scheme valid until April 1 next year. Of course, there are a number of factors that explain what is happening, the current picture on the energy market, on the energy exchange.(…) It is true, in July, for example, and in the last few days we have seen quite high prices: drought, the driest year in the last decade, wind energy available in limited quantities, so the wind did not blow as it was very hot, and also a series of technical unavailability,” said Burduja, according to Agerpres.

Among these unavailabilities, the minister mentioned those on the interconnection lines with Hungary, in particular, because of which Romania could not benefit from cheaper energy imports from Western Europe.

“When we look at that map, where Romania, Bulgaria, Poland, Hungary, Greece have slightly higher prices, we see that it is practically a decoupled market, Eastern Europe from Western Europe, because of these problems on the Hungarian network,” stressed Sebastian Burduja.

He added that there were also a series of technical problems “that required attention and solutions”, such as the one at reactor 1 in Cernavodă, which automatically disconnected from the SEN on August 26, 2024 due to a malfunction in the classic of the power plant.

“For example, at reactor one in Cernavodă. I salute and thank those who really worked day and night to put this reactor 1 back into operation. Today it is at rated power and you can see it. It was a problem at one of the transformers and the team from Nuclearelectrica, together with the team from Transelectrica, really worked day and night to bring this reactor back into the National Energy System,” Burduja added.