Competition Council verifies price imposed on Hidroelectrica by energy regulator

The Competition Council has started an investigation into ANRE’s decision to oblige Hidroelectrica to sell energy to the population after the energy producer and Proprietatea Fund (FP) had claimed fees were below the production cost. “The investigation will be finalized no later than the second half of the year,” Bogdan Chiritoiu, chairman of the Competition Council, stated, as cited by Mediafax. Last year, ANRE (National Agency for Energy Regulation) decided Nuclearelectrica and Hidroelectrica would be the sole regulated energy providers, thus excluding thermal power stations and renewable energy stations.
Nuclearelectrica filed a law suit against ANRE for forcing the company to deliver energy to the population at an Agency-set price lower than the market price. The company filed the summons with the Bucharest Court of Appeals on Thursday, according to a press release issued by the energy producer. However, Chiritoiu underlined Nuclearlectrica never filed the complaint with the Competition Council.
Through this legal action, Nuclearelectrica requests that the court partially annul ANRE’s decision on approving the amount of energy sold through regulated contracts and on the delivery price. The company also demands ANRE to take into account “all elements requested and justified by Nuclearelectrica which have not been taken into consideration by ANRE” when calculating the regulated energy price, the press release shows.
Hidroelectrica is forced by ANRE to sell energy to the population at an average price of RON/MWh 115.2 this year, whereas Nuclearelectrica’s energy delivery price will be RON/MWh 145.88, according to released data.
Almost 34 pc increase in consumer subsidies for green energy in 2013
Last year, energy consumers paid EUR 415.8 million in green certificates to support renewable energy, 33.7 per cent more than in 2012 (EUR 310.8 million), despite certificate prices having dropped by 25 per cent, as shown by ANRE’s data. On average, green certificates cost EUR 42 last year, compared to EUR 56 in 2012, according to ANRE (National Agency for Energy Regulation). At present, green energy accounts for 20 per cent of Romania’s overall production capacity. By the end of this year, ANRE expects to receive green certificates amounting to 6,005 MW, almost equal to the overall capacity of all hydroelectric power plants operated by Hidroelectrica, Romania’s largest electricity producer.

Leave a Reply