National Energy Regulatory Authority

Romania's natural gas market will be completely liberalised on April 1, 2021, and that of electricity on July 1, 2021, with regulated prices to be eliminated even for household consumers in order to boost market competition, Vice-President of the National Energy Regulatory Authority (ANRE) Zoltan Nagy-Bege said Monday.

The free-market energy prices for industrial consumers will rise in the next period, but it is very important that consumers don't react emotionally in order to not cause a market slippage, Electrica CEO Corina Popescu told a press conference on Wednesday.

The frequent legislative changes are among the reasons for the decline in the interest in the renewables area, in the context in which the law regulating the support scheme for the production of energy from renewable sources has been modified eight times since 2010 until present, member of the Regulation Committee within the National Energy Regulatory Authority (ANRE) Zoltan Nagy said on Thursd

Romania's National Natural Gas Corporation Romgaz has signed a contract worth RON 44.442 million, VAT included, with GDF Suez Energy Romania for natural gas underground storage services, according to the Romgaz current report submitted on Tuesday to the Bucharest Stock Exchange (BVB).

The electricity market mechanism implemented in Romania contributes to the safe operation of the national electricity system, enabling it to dependably cover consumption needs, Marian Cernat, director of the National Energy Regulatory Authority (ANRE), told the Forum of Electricity Network Operators and Power Suppliers.

Photo credit: (c) CRISTIAN NISTOR / AGERPRES ARCHIVE

The measures for the 2015 budget will be discussed during the official visit of the mission of the European Commission, the International Monetary Fund (IMF) and the World Bank (WB) to Bucharest at end-November, Prime Minister Victor Ponta announced on Wednesday.