The increase in the tariff for the purchase of system services will have a small effect on the electricity costs borne by the users, in the case of an annual household consumption of 1 – 1.5 MWh, the increase in the annual bill being a maximum of 3.7 – 5.5 lei/ year, informs the National Energy Regulatory Authority (ANRE). “The tariff increase for the purchase of system services is 3.67 lei/MWh, from 9.17 lei/MWh, valid for the period January 1-May 31, 2024, to 12.84 lei/MWh (about 40% – n.r.) , valid from June 1, 2024. Considering the very small share of the tariff for the purchase of system services in the final price billed to users, the increase in the tariff for the purchase of system services will have a small effect on the electricity costs borne by users In the case of an annual household consumption of 1-1.5 MWh, the increase in the annual bill as a result of the increase in the tariff for the purchase of system services will be a maximum of 3.7-5.5 lei/year, respectively 31 money/month – 46 money/month. The tariff increase has no effect on the bills of household consumers, for which the price of electricity is capped”, states ANRE. According to the source cited by Agerpres, the tariff for the purchase of system services covers the costs of Transelectrica S.A. with the acquisition of capacity reserves, which is carried out in a competitive regime, respectively from the market of system services, from qualified service providers. The purchase of these services is mandatory to ensure the operation of the electric power system in safe conditions. Between April and May 2024, purchase prices for capacity reserves registered a significant increase compared to 2023 and the first quarter of 2024, ANRE emphasizes. “This increase led to a significant increase in the costs of the transport and system operator compared to the costs forecasted on January 1, 2024, a forecast based on historical data. Thus, the difference between the costs of purchasing capacity reserves realized in the months of April-May and those forecasted rose to the level of approximately 75 million lei. The increase in the tariff for the purchase of system services ensures the recovery by Transelectrica S.A. of the above-mentioned difference, until the end of 2024,” the regulatory authority said.
Romanian tissue and sanitary paper products producer Elfi announced investments of EUR 10 million in 2025 to expand production capacity. The project involves the construction of a new production hall and the installation of a state-of-the-art production line, which will allow the company to operate three production lines and double its current capacity. In 2024, […]
With the investment fund Accession Capital Partners and the private equity fund Invenio Partners as majority shareholders since the end of 2024, the Romanian coffee chop chain 5 to go targets the Southeastern European market, according to Profit.ro and
Romanian lithium-ion battery manufacturer Prime Batteries Technology, founded and controlled by Romanian entrepreneur Adrian Polec, has entered into a collaboration with Arrow Electronics and NXP Semiconductors to launch a next-generation battery energy storage system - BESS platform, according to
Romania’s headline inflation remained steady at just under 4.9% y/y in April, in line with consensus expectations, as the average prices increased by a mere 0.07% in the month, according to the data published by the statistics office INS on May 13. Core inflation remained at 5.3% y/y as well. The National Bank of Romania […]
Moldovan president Maia Sandu voiced her support on Tuesday evening, May 13, for Nicușor Dan, the independent candidate in Romania’s presidential election, and urged Moldovans with Romanian citizenship to vote on Sunday to protect Romania’s European and democratic progress. In a video shared on social media, Sandu praised Dan’s “decency, resilience, and respect for the […]
Two Romanians were arrested during Sunday night, May 11, after robbing empty houses in the evacuated mountain village of Brienz located in the Swiss canton of Graubünden. The village had been evacuated since November due to rock falls. The locality was, however, monitored by the authorities to prevent break-ins. The would-be thieves apparently tried to […]
