The cost of active energy in an electricity bill is on average only 40-50% of the total. The rest are taxes, distribution tariffs, transmission, excise duties and contributions to various support schemes. But public discussions focus almost exclusively on active energy, stressed Mihai David, president of COGEN Romania, at the “Energy Day” conference organised by Energynomics within the Green Energy Expo & Romenvirotec 2025.

He pointed out that to really lower the final cost of energy for the population it is not enough to intervene on the price of active energy. According to a report by Valorem, in order to reduce prices on the distribution and supply component, Romania needs investments of around €1.2bn annually. A key part of this high cost comes from the poor infrastructure of the energy network. Another problem is the lack of institutional investors interested in infrastructure.

“Pension funds in Romania only invest in government bonds. They have nothing to do with Romania’s infrastructure. But the cost we are complaining about is directly linked to the level of its development”, explains the COGEN leader.

In the context of a high cost of capital in Romania, one solution would be to attract as many international corporations as possible that have access to cheap financing to realise energy projects in the country.

The conference „Energy Day at Green Energy Expo & Romenvirotec” was organized by Energynomics, with the support of our partners Elektra Renewable Support, LONGi, SolaX Power and with the involvement of HENRO, COGEN România, CIGRE România and FEL România.