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Volker Raffel: E.ON is a long-term investor in Romania

    4 June 2026
    Electricity
    energynomics

    E.ON is a long-term investor in Romania and will develop its activities, the chapter regarding the sale of the supply part of the company being closed, Volker Raffel, CEO of E.ON Romania, declared on Wednesday. “We are developing our activities. We are a long-term investor in Romania as well and this is seen through our investments. This year we are investing 280 million, and increasing, both in networks and in customer solutions and I think this is the best proof that we have this long-term orientation”, said Volker Raffel, quoted by Agerpres.

    According to him, in the 21 years of presence in Romania, the company is approaching the threshold of three billion euros in investments in networks and in customer solutions, the volume of investments being almost double that of the past, because at the moment the energy transition is underway. Regarding the intention to sell the electricity supply part, Raffel specified that “it was a specific situation”, but the chapter is completely closed. “It was a specific situation. Once, there was frustration regarding a completely inappropriate intervention by the Romanian state at the time of the energy crisis and there was also a specific offer – this was a very punctual and specific situation – but the chapter is completely closed. We are also developing our supply activity, we not only sell gas and electricity, but also solutions such as air conditioning, serviced thermal power plants, photovoltaic panels and so on”, explained the head of E.ON Romania.

    The company completed a photovoltaic park for a client this year, for one million euros, and has also added to its portfolio of smart home solutions and products, now offering photovoltaic panel solution services, for example, at a national level. “We are very satisfied with this development and I believe that this is proof that the path we are following for the development of the company is a good one and through the survey we find that customers are also very satisfied with what we offer, that we have stayed, and with our offers”, Volker Raffel pointed out.

    He participated on Wednesday at the Eurelectric Power Summit 2026, where he also said that removing grid bottlenecks could reduce wholesale energy prices by about 40% over the next ten years, and by more than half of that reduction in the next four to five years.

    “Part of the discussion is about how much we are willing to pay for well-functioning networks. The other is about who bears these costs. For example, the tariff structure. In Romania, we do not yet have a capacity component in the tariff. Payment is made exclusively based on the energy consumed, expressed in MWh. What does this mean? That people reserve capacity just because it does not cost them anything extra. Thus, capacity that could be used by other consumers remains blocked and unavailable to those who really need it. I think the tariff structure can play an important role in freeing up this capacity and in making more efficient use of existing infrastructure. Another misunderstanding that we sometimes encounter at the level of regulators – and I can understand this concern. Last week I attended a conference where I had the honour of receiving, from the European Commissioner for Energy, confirmation of a €100 million funding for the CARMEN project, our Dynamic Line Rating project in South-East Europe, which allows for more efficient use of existing capacities of The event was also attended by representatives of regulatory authorities, who said: “Everyone is talking about electrification and the increase in electricity consumption, but where is this energy? We do not yet see these volumes in numbers. So there is a certain fear,” said Volker Raffel at the Eurelectric Power Summit 2026.

    He stressed that everyone wants to protect consumers and pointed out that in Romania the price of electricity on the wholesale market is currently 135 euros/MWh and that, if grid bottlenecks are quickly eliminated, it could be reduced by 40% in the next 10 years. “We will soon publish a study conducted by the Romanian consulting company Valorem, which shows that currently the price of electricity on the wholesale market is approximately 45 euros/MWh in Spain, 90 euros/MWh in Germany and 135 euros/MWh in Romania. If we talk about competitiveness in Europe, then we must also talk about this topic in South-Eastern Europe. The study shows that, if we quickly eliminate grid bottlenecks, we can reduce the price of energy on the wholesale market by approximately 40% in the next ten years and by more than half of this reduction in the next four to five years. This is a potential that we must capitalize on”, stated the director of E.ON Romania.

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