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Bucharest
January 25, 2022
BUSINESS

State plans electricity transaction mechanisms for large consumers

Economy Ministry representatives met a delegation of aluminum industry operators in order to analyze the safe electricity supply situation of the companies active in this sector, a communiqué informs. The delegation included representatives of Alro, local administration representatives from Olt and Tulcea counties, as well as representatives of trade unions from the aluminum industry.The main point on the meeting’s agenda consisted of an analysis of the economic and social impact of a purely commercial negotiation of electricity supply contracts signed by Alro Slatina and Alum Tulcea. The talks centered on the negative consequences that would be registered in case all of the effects that such a negotiation would have will not be taken into consideration. The participants presented the negative influences that the lack of a contract that would ensure a safe and stable source of electricity would have on the long term and in predictable conditions on Romania’s GDP, on budget revenues, on the business sector and on unemployment in the affected areas. In the same context, the participants underlined the need to implement transaction mechanisms on a transparent platform for the electricity needed by large consumers, consumers that buy energy as raw material constantly and in large quantities, consumers that have business and credit worthiness and that can resort to down payments.  Following the talks, both Economy Ministry representatives and the delegation of aluminum industry operators expressed their preoccupation and availability to identify, on the heels of analyses based on economic and social data, the best solution for both the local economy and for the Romanian economy as a whole.

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