Capping the price of gas was a useless measures and, worse, will determine new price increases starting with April, according to an analysis conducted by the Intelligent Energy Association, sent, on last Monday."The median price of natural gas at the end consumer in November 2021, according to INS [the National Institute of Statistics] data, is around 220 RON/MWh. Thus, apparently, the capping of the final price of natural gas at a value of 370 RON/MWh and 310 RON/MWh starting with February 1 is useless in this period," showed the representatives of the association."In fact, the capping had a very important effect, it determined, according to the ANRE [the National Energy Regulatory Authority] website, the increase of gas prices offered on the market from a minimum level of 220 RON/MWh to a level of minimum 420 RON/MWh in November 2021 and to 640 RON/MWh in January 2022. Thus, all contracts that reach their deadline in this period or the coming period will be concluded at prices higher than 600 RON/MWh," according to the mentioned source.The association emphasizes that, for many home consumers, the capping has no effect at this time (according to a study of the association, 80% of the household gas consumers will not benefit from price caps), but will bring a higher gas price for final consumers in 2022.Moreover, starting April 1, 2022, increases in the transport and distribution tariffs are to take place, 2022 being the year when a new regulation period concludes. According to experts, there will be important increases in prices due to the free connection imposed by the authorities (the promised gratuity will be done by increasing prices paid by other consumers), increasing the cost of gas losses and technological consumption, useless or inefficient investments in the sector and others."In 2020, the authorities have enacted the Gas Release Program, which had the declared purpose of decreasing the price of gas, the real result was the start of increasing gas prices in Romania. In 2021, authorities enacted the Price Cap for gas, which had the declared purpose of decreasing gas prices, the real result was increasing prices on all offers. In conclusion: Taxes do not increase, but energy bills increase! For people, the same poverty!," mentioned the association's representatives.
In the context in which agri-food systems are responsible for almost one third of global greenhouse gas emissions, Auchan Romania assumes an active role in the transition of its supply chain toward a more sustainable model. At the second edition of the Climate Supplier Event, organized under the aegis of the Climate Change Summit, the […]
Janiva Magness, the winner of seven Blues Music Awards following 26 nominations, and nominated for a Grammy for a career spanning 17 albums, is set to perform at the 14th edition of the Brașov Jazz & Blues Festival, which will take place between August 14–16, 2026. Magness is one of the most valuable and influential […]
Auction house Artmark announced a major auction for this winter featuring an engraving created by Francisco Goya, the most important Spanish artist of the late 18th and early 19th centuries. Romania's late communist leader Nicolae Ceaușescu received this gift from King Juan Carlos I as a gesture of diplomacy. The engraving entitled “The Engagement – Capricho […]
Authorities managing Romania's Bicaz Gorges–Hășmaș National Park has built a fish ladder system on the Bicaz River, which will allow protected species to migrate and reproduce. There are several bridges and small bridge structures in the Bicaz River that have a “bottom sill,” meaning small waterfalls. Fish that do not jump like the trout cannot […]
The far-right opposition parties in the Romanian Parliament are set to file a motion of no confidence against the government headed by prime minister Ilie Bolojan. The motion, authored by senator Ninel Peia of the Peace – Romania First group, is specifically aimed at the reformist party Save Romania Union (USR), and is entitled “Romania […]
Romania's iconic rock singer Adrian Pleșca, known as “Artan,” died on Tuesday, December 2, after a fatal stroke, at the age of 64. The artist founded the well-known band “Timpuri Noi” in 1982 and “Partizan” in 2001, and was popular on the Romanian rock scene. Over the years, he left and returned to the two bands. Several […]
