about us | newsletter | contact | archive | members area
COSMIN COSTEA, DELOITTE DIGITAL
With a reasonable amount of money an insurer can start with a platform that gathers all »
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Repeated increases of the electricity prices affect distribution operators and last resort suppliers, says ACUE

The Federation of Associations of Energy Utility Companies (ACUE) appreciates and supports the initiative of the competent authorities to analyse the current situation of the centralized energy markets and of the way in which transactions were conducted in the last period on these platforms, a press release shows.

2017-02-02 14:48:54

"Excessive and repeated increases of the electricity prices traded on centralized markets, as well as the numerous notices of termination of energy supply contracts made on centralized platforms affect both the electricity distribution operators and the last resort suppliers," representatives of ACUE say.

ACUE members believe that the analysis of the authorities regarding the way the electricity markets are functioning should be carried out quickly and should include, in addition to transactions on these platforms, an analysis of the available production capacity and of the activity of the suppliers who terminated contracts during this period.

"Not honouring the contracts combined with a massive increase of the energy prices traded on Day Ahead Market (DAM) and on Balancing Market (BM) is likely to affect the electricity supply to households and to non-household beneficiaries of the universal service," according to the press release.

ACUE members are to take all the necessary measures to diminish the impact on the consumers generated by the current situation and believe that urgent action is needed to identify the measures to prevent the repetition of similar situations so that the consumers can continue to have reasonable and predictable prices for electricity.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  2748 Views
Daily Info
Helios Phoenix extends on Romanian market by acquiring Millenium Logistic Park

Greek developer Helios Phoenix extends its Romanian portfolio by acquiring Millenium Logistic Park. The industrial park located in Popesti Leordeni with 12,000 sqm of warehous...

NATO to spend three billion Euro on cyber defence

NATO plans to spend three billion Euro to upgrade its satellite and computer technology over the next three years as the Western military alliance adapts to new threats, a sen...

Office stock to increase by 350,000 sqm this year, says Colliers

Romanian office market registered last year the highest rate of deliveries in the last seven years, and the upward trend will continue in 2017. This year, the stock of office ...

VIG profit doubled to around 407 million Euro last year

Vienna Insurance Group (VIG) profit before taxes more than doubled to around 407 million Euro last year, according to preliminary figures for 2016.

Enel to invest 329 million Euro in Romania in 2017-2018

Enel has planned investments for a total of 329 million Euro for the current regulatory cycle ending in 2018, of which of over 151 million Euro are due for 2017 and 178 millio...

 
 
   
advertising

advertising

advertising

advertising

advertising

advertising

More on News
Energy Performance Contracting for public buildings

The Romanian Association for Promoting Energy Efficiency (ARPEE), established in 2012, has as overall scope the mobilization of its members’ resources and competences to ...

President Iohannis wants to address Parliament on 7 February

President Klaus Iohannis sent a letter to the Heads of the two Chambers of the Legislature, in which he reveals that he wants to address Parliament on 7 February, in respec...

Antonio Tajani elected new president of the European Parliament

Antonio Tajani (Italy) won Parliament's presidential election with 351 votes in a final face-off with Gianni Pittella (Italy), who secured 282 votes.

SRI and DNA have no protocol, says SRI Spokesman

Spokesman of the Romanian Intelligence Service (SRI) Ovidiu Marincea stated that the SRI does not have any protocol with the National Anticorruption Directorate (DNA), but ...

Iohannis: 2017 budget is a problematic and risky one

President Klaus Iohannis said that the budget draft for 2017 is a problematic and risky one, pointing that there is the real risk for the deficit of three percent to be exc...

PM Grindeanu wishes for 2019 with no CVM for Romania

Premier Sorin Grindeanu stated, on Thursday, at the headquarters of the European Commission, that he wishes in 2019 the Cooperation and Verification Mechanism (CVM) for Rom...

Justice Ministry gives up draft law sent to CSM

The Justice Ministry (MJ) gives up the draft law on modifying and adding the normative acts concerning the Criminal Codes, already forwarded to the Superior Council of Magi...