Alro, one of the leading independent producers and suppliers of energy, claims that currently around 40% of national electricity consumption is covered through day-ahead (DAM) market transactions, resulting in severe price distortions.

“Since the DAM market is very volatile, over the last five years, DAM prices have reached very high levels, thus having a negative impact on end-users, especially on high-energy users such as Alro,” a statement issued to the Stock Exchange reveals.

Higher energy prices are then reflected in higher production costs for the company, and limits its options to maintain its competitiveness on international markets, the company says.

Alro had a market share of 4.3% on the power supply market in the first 11 months of 2018.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.