The European Federation of Electricity Traders (EFET) sent a letter to ANRE president stating that the way in which the Bucharest regulator wants to legislate long-term contracts, which it defines as being for more than a year, violates European law.

“We oppose ANRE’s definition of ‘long-term supply contract’, which would prevent over-the-counter trading (outside the centralized market – e.n.) for contracts with a delivery period of one year or less,” shows a document submitted to ANRE, quoted by e-nergia.ro.

Thus, EFET requests that the regulation be rethought by ANRE, given that it is still in public debate.

EFET considers that this definition violates Regulation 943, regarding the energy market in the EU and thus does not allow the bilateral energy trading through PPAs (bilateral power purchase agreements) for periods of less than one year.