{"id":81904,"date":"2019-05-22T13:55:00","date_gmt":"2019-05-22T10:55:00","guid":{"rendered":"http:\/\/devrri.freshlemon.ro\/news-and-current-affairs\/newsflash\/talks-on-energy-prices-81904.html"},"modified":"2024-02-19T08:33:38","modified_gmt":"2024-02-19T06:33:38","slug":"talks-on-energy-prices","status":"publish","type":"post","link":"https:\/\/www.rri.ro\/en\/news-and-current-affairs\/today-in-the-news\/talks-on-energy-prices-id81904.html","title":{"rendered":"Talks on Energy Prices"},"content":{"rendered":"<p><p>The Romanian authorities from the&#13;<br \/>\nfield of energy regulation have held talks with European Commission officials&#13;<br \/>\nin Brussels. This round of talks comes after in March, this EU body sanctioned&#13;<br \/>\nRomania for having violated legislation in the field of gas distribution. How&#13;<br \/>\nwas this situation possible? <\/p>\n<p><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>Zoltan Nagy, Vice-president of the&#13;<br \/>\nRomanian Energy Regulatory Authority, ANRE, said during a conference on energy,&#13;<br \/>\nthat when the energy market was liberalized in 2017, the mechanisms in place&#13;<br \/>\nweren&#8217;t mature enough so the Romanian gas market wasn&#8217;t completely ready for liberalization.&#13;\n<\/p>\n<p><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>This was the reason for which in&#13;<br \/>\nDecember 2018, the Romanian government made the decision to cap the price for domestic&#13;<br \/>\nenergy production for a while. According to the ANRE official, all surveys&#13;<br \/>\nconducted at that time showed that there was no point for Bucharest to continue&#13;<br \/>\nthe timetable agreed upon with the European Commission because we would have&#13;<br \/>\nfaced a weird situation in which the imported gas had become cheaper than the&#13;<br \/>\ntimetable prices. However, gas price doubled over a period of one year and a&#13;<br \/>\nhalf and because the European Commission does not agree with the idea of&#13;<br \/>\nprotecting household consumption, an infringement procedure was initiated&#13;<br \/>\nagainst Romania in March, as the country was infringing upon the European&#13;<br \/>\nlegislation in the field. Zoltan Nagy has admitted there are incompatibilities&#13;<br \/>\nbetween the natural gas directive and the EU treaty. <\/p>\n<p><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>Zoltan Nagy: There is a&#13;<br \/>\nlegal framework for temporary measures at the level of member countries, which&#13;<br \/>\nare aimed at protecting certain categories of consumers. The fact that in our&#13;<br \/>\ncountry this protection is granted to all household consumers might not be&#13;<br \/>\nentirely right, but our talks with the European Commission have reached a&#13;<br \/>\ncertain level and after renouncing these temporary measures, we could have a&#13;<br \/>\ngenuinely-liberalized market.<\/p>\n<p><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>The ANRE Vice-president has also&#13;<br \/>\nadded that measures must be taken in order to protect the vulnerable consumers&#13;<br \/>\nfrom fluctuations in gas or electricity prices. Most household consumers do not&#13;<br \/>\nneed protection at this time and those really vulnerable aren&#8217;t protected&#13;<br \/>\nenough, Zoltan Nagy has also explained. According to him transaction mechanisms&#13;<br \/>\non the wholesale market are also important and ANRE is working on these issues right&#13;<br \/>\nnow. <\/p>\n<p><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>As for the 2% contribution from the&#13;<br \/>\nenergy producers&#8217; turnover, which will go directly into the institution&#8217;s&#13;<br \/>\nbudget, ANRE proposed amendments to its own functioning regulations so that&#13;<br \/>\nafter the regulator has covered all its administrative expenses, the surplus&#13;<br \/>\nwill be used in energy-efficiency projects all the more so as Romania is also&#13;<br \/>\nunder infringement in terms of the rehabilitation of the collective residential&#13;<br \/>\nbuildings. <\/p>\n<p><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>(translated by bill)<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Romanian authorities and the European Commission officials are having talks on energy prices in Brussels<\/p>\n","protected":false},"author":110,"featured_media":81905,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37738],"tags":[31522,39672,39673,39671],"coauthors":[],"class_list":["post-81904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-today-in-the-news","tag-anre","tag-nagy","tag-turnover","tag-zoltan"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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