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April 22, 2021
BUSINESS

CEZ: Romania’s energy consumption could rise by 1 to 1.5 pc this year

Energy is one of the sectors with the biggest growth potential in Romania. Our country’s energy consumption could rise by 1 to 1.5 percent this year, which would justify investments in new electricity production units, Adrian Borotea, corporate business director and member of CEZ Romania’s Managing Board, stated at the Forbes Conference Energy 2014 entitled ‘Opportunities and Risks for Investors.’ Last year, national energy consumption dropped by 4.5 percent compared to 2012. Borotea believes Romania’s energy strategy should be revised as soon as possible. “Investments are exclusively dictated by the market. Energy production prices drop every year. Our national final energy consumer prices are among the lowest of all. (…) The Government should reach a decision on the energy strategy very soon,” Borotea said further.

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