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RCS & RDS, from cable TV to energy trading

    30 January 2015
    Electricity
    energynomics

    Telecommunications company RCS & RDS, which recently became active in the energy market, introduced new bids on CMBC-EB platform, managed by OPCOM.

    Thus, RCS wants to buy 416 MWh with delivery during peak hours at maximum price of 100 lei/MWh. Delivery is scheduled for the first quarter of next year, according to Bursa newspaper.

    RCS & RDS also bought hydropower at the end of 2014, responding to an offer for sale originated by Hidroelectrica in CMBC market. Thus, the company gave Hidroelectrica 160.05 lei/MWh for a quantity of 10,920 MWh, energy to be delivered in the second quarter of this year.

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