Romania has started the 15 minutes settlement process on the balancing market
As of February 1, 2021, the Romanian electricity market has moved from one hour’s settlement time to 15 minutes’ settlement…
Energy spot price, up 45% in December 2020, compared to the similar period of 2019
The price of energy on the spot market of the OPCOM exchange (Next Day Market – DAM) had an average…
Following the market demands, ANRE approved the postponement of the settlement to 15 minutes
Bogdan Tudorache Many players of the energy market have stated that the settlement of transactions on OPCOM in 15 minutes…
Electricity price falls by more than 8% in September, amid rising trades
Bogdan Tudorache The price of electricity on the day ahead market (DAM) decreased in October by 8.25% compared to September,…
EFET: ANRE fees should not be charged to wholesale traders, bilateral contracts are still limited
Bogdan Tudorache Parliament and Government alike should not interfere with the national regulatory authority’s (NRA, ANRE – e.n.) powers in…
ANRE: The price of energy for companies that remain without a supplier will take into account DAM
The price of energy for non-household consumers that remain without a supplier will take into account the quotations on the…
Romania imported around 1,500 MW of electricity on Wednesday morning
Romania imported about 1,500 MW of electricity on Wednesday morning, being, at the same time, the most expensive energy market…
Electrica buys energy with 50.5 euro/MWh from Nuclearelectrica, in a transaction of 21.5 mln. lei
Bogdan Tudorache Electrica Furnizare (EFSA) bought last week 87.6 GWh of electricity from Nuclearelectrica, at a price of 246.29 lei/MWh…
Electricity spot price continues its upward trend
The energy price on the spot market of the OPCOM stock exchange (Day Ahead Market – DAM) had an average…
ANRE works on the new rules for the operation of the electricity markets in the context of the application of the provisions of Regulation 943
Bogdan Tudorache In the next period, ANRE is working on finalizing the entire package of regulations necessary for the implementation…
ECJ ruled in favor of Hidroelectrica in the issue of energy exports
On 17 September, the European Court of Justice (ECJ) ruled in favor of Hidroelectrica in the proceedings against ANRE concerning…
ANRE: Failure to comply with the gas supply obligation is sanctioned with a fine of 5-10% of turnover
Contracts for the sale and purchase of gas on the wholesale market concluded after July 1, 2020, regardless of the…
The price of electricity fell by more than 30% in July on DAM
The price of electricity decreased by over 30% in July 2020, compared to July 2019, on the market segment for…
ANRE: Energy suppliers must purchase 3.8 mln. green certificates for Q2
Economic operators carrying out energy supply activities are required to purchase a total of 3.8 million green certificates for the…
AFEER calls for the elimination of provisions opposing to Regulation 943 from the Energy Law
Bogdan Tudorache The Association of Electricity Suppliers in Romania (AFEER) claims that the new Energy Law provides “some legal issues,…
PATRES: Amendments to Law 123 provide real support to prosumers
Bogdan Tudorache PATRES welcomes the initiative of the Specialized Commission to modify the legal framework for the functioning of the…
Senate voted negatively the possibility of concluding bilateral contracts (PPAs)
The possibility of concluding bilateral contracts for the sale of electricity, much demanded by the market in order to make…
Minister of Economy: We will define the vulnerable consumer by year-end
The price of natural gas will decrease from July 1, regardless of whether the suppliers will do it from now,…
Ordinance by which the electricity produced in new power plants is exempted from the sale on OPCOM boosted the investments
The ordinance by which the government exempted from the compulsory sale on the OPCOM stock exchange the electricity produced in…
OMV Petrom and Romgaz, forced to sell 30% of the domestic production in the centralized markets
OMV Petrom and Romgaz will be obliged to auction for 3 years about 30% of the production in the centralized…
OPCOM: OPEEDs and TSOs ensure the coupling of the day ahead and intraday markets
Bogdan Tudorache The zero priority for Designated Electricity Operators (OPEED) and System Operators (OTS) is to protect the health of…
Energy prices are falling, in line with the region, as demand dwindles
Bogdan Tudorache Spot market prices in Hungary and Romania fell for Saturday trades by about 11% compared to the previous…
Jack Cutişteanu, Petprod: ANRE favors an economic agent
The National Energy Regulatory Authority (ANRE) favors an economic agent, namely OPCOM, to the detriment of anyone else, is the…