INS: Electricity, rents and diesel fuel recorded the highest price increases in June
Electricity (+59.97%), rents (+43.29%) and diesel fuel (+28.16%) recorded the highest price increases in June, compared to the same month…
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Prices
OPCOM: The average price of May, lower by 6% on DAM against May 2023 – the market stabilizes
The average May price on the day-ahead market segment (PZU, DAM) of OPCOM decreased in May by only 5.62% in…
Dan Drăgan: Prices were kept at a sustainable level for domestic and industrial consumers
The measures that were implemented by Ministry of Energy, during 2022 showed their effects, and prices were kept at a…
Inflation in the EU decreased in November, in Romania prices continued to rise
The annual inflation rate in the European Union decreased in November to 11.1%, from 11.5% in October, but in eight…
European Council calls for the mobilization of all instruments to respond to the impact of high energy prices
The European Council asked the Commission to carry out an analysis and submit proposals by the end of January 2023…
Czech Republic: Gov’t to cap the energy price for large companies
The Czech government is prepared to introduce by the end of the year a ceiling for the price of energy…
Reference prices for natural gas in Europe are falling, before the EU intervention to solve the crisis
The price of natural gas in Europe fell for the third day, after the European Commission insisted on interventions on…
OPCOM: Prices of 500 euro/MWh on the DAM segment, last month the average suffered a tripling compared to June 2021
While the market prices for the day ahead segment (DAM) jumped by 2,500 lei/MWh (over 500 euros) on Tuesday, July…
Pignoloni: Renewable energy could lower prices nationally and regionally
Renewable energy is essential to achieve energy independence and could lead to lower prices at national and regional level, said…
C-Bank increases the key interest rate to 3.75% per year
The Board of Directors of the National Bank of Romania decided on Tuesday to increase the monetary policy interest rate…
Barrel price rises following EU’s decision to impose an embargo on Russian oil
The European Union confirmed on Wednesday that it intends to end all imports of crude oil and refined petroleum products…
European regulators support maintaining current price-setting mechanisms
The EU Agency for the Cooperation of Energy Regulators (ACER) considers the EU’s current market design is “worth keeping”. In…
Russia doubled the price of natural gas delivered to Moldova in April
The Republic of Moldova will pay in April a price of 1,193 dollars for one thousand cubic meters of natural…
Popa: Energy prices have been passed on in foods, NBR tries to counterbalance the effects
Energy prices have been transmitted to food, while services have felt less shocked, being less energy intensive, but the NBR…
INS: Natural gas and fuel have become more expensive in the last year
Natural gas, fuels, potatoes and oil have become more expensive in the last year, while the only reduction has been…
Franck Neel: Gas and electricity prices will fall this year
OMV Petrom expects a drop in gas and electricity prices starting next summer, but not at the levels of previous…
Mihai Bălan (RPIA): Investing in green energy is the only real answer to the energy crisis
The crisis of electricity and natural gas prices is a European crisis, underlines Mihai Bălan, executive director of the Romanian…
T. Livinschi: Now prices for the rest of the year offer a chance to reduce contracted costs
So far, the peak period for electricity prices was the end of last year, in December 2021, when values of…
Interventions in the energy market risk chasing away investors in new production capacities
“There is a risk that Romania will again face insufficient investments in new power generation capacities”, warns Mihai Drăghici, Business…
AFEER: The state is late in paying suppliers the money for energy bills offset
The Association of Energy Suppliers of Romania – AFEER rejects the accusations of incorrect practices launched in the public space…
More generous support-scheme for energy consumers in February and March
Prime Minister Nicolae Ciucă announced on Monday evening, after a meeting of the governmental coalition, the modification of the conditions…
Rising energy prices are causing major losses to large European producers
The continuous rise in energy prices in Europe exposes the region’s largest consumers of gas and electricity to significant losses,…
Five countries, including Romania, propose a 5-pillar approach to gas and electricity prices
The Ministers of Economy and Finance of Spain, France, the Czech Republic, Greece and Romania propose a 5-pillar approach on…