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March 6, 2021
BUSINESS

EC: Romania producing too much electricity, exporting too little

In a report quoted by Mediafax the European Commission states that Romania produces too much electricity. Something known not only by Romanian authorities but also by all those interested in the domain. With an installed capacity of over 20,000 MW, of which almost 4,000 MW from renewable energy sources, Romania has some of the biggest capacities in the region. The current production stands at approximately 65-70 TWh, while internal consumption varies from 55 to 60 TWh. What are we doing with the excess production? It should be exported. Unfortunately, the system of interlinks is very limited in this part of Europe. A good outlet for the export of electricity would be Turkey. However the undersea cable between the two countries is not completed yet. And interlink by land has slim chances because our Bulgarian neighbors are not greatly interested in such a “deal.”
On the other hand, as the EC knows well, the economy has not improved a lot in the Euro Area and the rest of the EU states in order to see higher electricity consumption.
Maintaining Romania’s current electricity production capabilities requires the improvement of export conditions, the Commission’s report on the progress made by EU states in establishing an integrated energy market shows.
Likewise, Romanian authorities have to ensure the “correct and full” implementation of EU directives included in Energy Pack 3, to finalize the process of liberalizing natural gas and electricity prices and to improve the competitive environment in the retail segment, according to the document.
The Commission notes that the process of liberalizing electricity prices for industrial consumers was completed in December 2013, while in the case of household consumer the process will be completed by December 2017.

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