Energy Crisis in Romania: Rising Electricity Prices Burden the Economy
4 Articles
4 Articles
The power plant shutdown forces expensive imports of electricity. The largest generator wants to significantly increase prices.
Winter comes with worse news for Romanians: energy bills could be higher by up to 10%. The first wave of increases is expected from October. Hydropower has announced the increase in the price of electricity from 45 to 51 dollars per kWh. Specialists expect however that other suppliers will increase prices in the next period. In this context, the final price paid by consumers could in some situations reach almost 2 lei for a kWh, depending on the…
The reactors of the Cernavoda nuclear power plant were temporarily shut down in August due to heat and drought-related low water and have not been put back into operation since then. Romania's only nuclear power plant had previously covered about one fifth of the national electricity demand. Since then, the country has imported additional electricity from Bulgaria and Ukraine. According to national experts, the power supply is still unlikely to …
Over two million Romanians receive new gas offers for the cold season, with tariffs reaching 0.34 lei/kWh. Authorities claim that the legislation protects the population, but prices on European exchanges have risen to alarming levels.
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